|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
U.S. FINANCIAL MORTGAGE CORP.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
U.S. FINANCIAL MORTGAGE CORP. |
| Address | 1101 SUNSET BLVD, STE 150
ROCKLIN, CA 95765 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,997 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $470,472,000 |
| Average Mortgage Loan Amount Applied For | $171,522 |
| Highest Mortgage Loan Amount Applied For | $1,880,000 |
| Average Applicant Income | $48,787 |
| Highest Applicant Income | $1,859,000 |
|
|
|
| Home Improvement |
147 | $26,873,000 |
$182,000 | $892,000 |
$33,000 | $468,000 |
| Home Purchase |
726 | $177,750,000 |
$244,000 | $1,485,000 |
$125,000 | $1,859,000 |
| Refinancing |
1,144 | $270,543,000 |
$236,000 | $1,880,000 |
$74,000 | $1,800,000 |
|
|
| American Indian or Alaskan Native |
5 | $1,103,000 |
$220,000 | $324,000 |
$78,000 | $106,000 |
| Asian |
159 | $49,037,000 |
$308,000 | $1,485,000 |
$97,000 | $1,717,000 |
| Black or African American |
99 | $18,399,000 |
$185,000 | $896,000 |
$50,000 | $435,000 |
| Hispanic |
317 | $68,138,000 |
$214,000 | $1,040,000 |
$86,000 | $1,859,000 |
| Native Hawaiin or Other Pacific Islander |
252 | $52,905,000 |
$209,000 | $920,000 |
$65,000 | $468,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $5,918,000 |
$295,000 | $600,000 |
$54,000 | $135,000 |
| White |
1,165 | $279,666,000 |
$240,000 | $1,880,000 |
$98,000 | $1,800,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,390 | $370,698,000 |
$266,000 | $1,880,000 |
$116,000 | $1,859,000 |
| FHA-insured (Federal Housing Administration) |
609 | $101,182,000 |
$166,000 | $454,000 |
$28,000 | $468,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
18 | $3,286,000 |
$182,000 | $415,000 |
$57,000 | $112,000 |
|
|
| Application Approved But Not Accepted |
34 | $10,155,000 |
$298,000 | $870,000 |
$136,000 | $1,382,000 |
| Application Denied By Financial Institution |
72 | $11,133,000 |
$154,000 | $775,000 |
$53,000 | $208,000 |
| Application Withdrawn By Applicant |
205 | $61,467,000 |
$299,000 | $1,880,000 |
$95,000 | $780,000 |
| File Closed For Incompleteness |
14 | $3,414,000 |
$243,000 | $650,000 |
$67,000 | $200,000 |
| Loan Originated |
1,692 | $388,997,000 |
$229,000 | $1,485,000 |
$89,000 | $1,859,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
4 | $949,000 |
$237,000 | $675,000 |
$40,000 | $110,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
46 | $5,682,000 |
$123,000 | $440,000 |
$43,000 | $103,000 |
| Debt-To-Income Ratio |
6 | $789,000 |
$131,000 | $249,000 |
$50,000 | $75,000 |
| Employment History |
1 | $35,000 |
$35,000 | $35,000 |
$66,000 | $66,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $1,935,000 |
$322,000 | $775,000 |
$113,000 | $208,000 |
| Unverifiable Information |
8 | $1,568,000 |
$196,000 | $490,000 |
$75,000 | $143,000 |
|
Mortgage Loan App Totals for U.S. FINANCIAL MORTGAGE CORP. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
