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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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VITEK MORTGAGE GROUP
Mortgage Loans and Application Details
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| Mortgage Company Name |
VITEK MORTGAGE GROUP |
| Address | 2601 FAIR OAKS BLVD
SACRAMENTO, CA 95864 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,483 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $394,914,000 |
| Average Mortgage Loan Amount Applied For | $255,016 |
| Highest Mortgage Loan Amount Applied For | $2,160,000 |
| Average Applicant Income | $141,661 |
| Highest Applicant Income | $5,205,000 |
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| Home Improvement |
65 | $16,157,000 |
$248,000 | $944,000 |
$135,000 | $1,343,000 |
| Home Purchase |
899 | $245,652,000 |
$273,000 | $2,160,000 |
$119,000 | $1,806,000 |
| Refinancing |
615 | $159,305,000 |
$259,000 | $1,200,000 |
$125,000 | $5,205,000 |
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| American Indian or Alaskan Native |
7 | $1,408,000 |
$201,000 | $386,000 |
$138,000 | $204,000 |
| Asian |
53 | $15,516,000 |
$292,000 | $750,000 |
$122,000 | $996,000 |
| Black or African American |
50 | $13,569,000 |
$271,000 | $895,000 |
$102,000 | $355,000 |
| Hispanic |
188 | $47,721,000 |
$253,000 | $960,000 |
$112,000 | $1,434,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $2,924,000 |
$208,000 | $595,000 |
$74,000 | $180,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
83 | $17,440,000 |
$210,000 | $650,000 |
$150,000 | $1,524,000 |
| White |
1,184 | $322,536,000 |
$272,000 | $2,160,000 |
$123,000 | $5,205,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,546 | $413,750,000 |
$267,000 | $2,160,000 |
$123,000 | $5,205,000 |
| FHA-insured (Federal Housing Administration) |
26 | $5,509,000 |
$211,000 | $370,000 |
$60,000 | $138,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
7 | $1,855,000 |
$265,000 | $387,000 |
$191,000 | $720,000 |
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| Application Approved But Not Accepted |
76 | $18,675,000 |
$245,000 | $720,000 |
$104,000 | $281,000 |
| Application Denied By Financial Institution |
10 | $3,107,000 |
$310,000 | $700,000 |
$95,000 | $204,000 |
| Application Withdrawn By Applicant |
409 | $114,275,000 |
$279,000 | $2,160,000 |
$133,000 | $1,806,000 |
| File Closed For Incompleteness |
6 | $1,913,000 |
$318,000 | $511,000 |
$56,000 | $97,000 |
| Loan Originated |
1,078 | $283,144,000 |
$262,000 | $1,575,000 |
$119,000 | $5,205,000 |
| 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 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $45,000 |
$45,000 | $45,000 |
$150,000 | $150,000 |
| Debt-To-Income Ratio |
1 | $148,000 |
$148,000 | $148,000 |
$38,000 | $38,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
2 | $791,000 |
$395,000 | $650,000 |
$203,000 | $204,000 |
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Mortgage Loan App Totals for VITEK MORTGAGE GROUP by:
Metropolitan Area And
County
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