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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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WESTERN CAPITAL MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
WESTERN CAPITAL MORTGAGE |
| Address | 500 N. STATE COLLEGE BLVD SUITE 1470
ORANGE, CA 92868 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,362 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $663,792,000 |
| Average Mortgage Loan Amount Applied For | $216,396 |
| Highest Mortgage Loan Amount Applied For | $1,900,000 |
| Average Applicant Income | $76,975 |
| Highest Applicant Income | $835,000 |
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| Home Improvement |
320 | $85,937,000 |
$268,000 | $1,041,000 |
$81,000 | $269,000 |
| Home Purchase |
148 | $38,733,000 |
$261,000 | $1,000,000 |
$140,000 | $360,000 |
| Refinancing |
1,894 | $539,122,000 |
$284,000 | $1,900,000 |
$92,000 | $835,000 |
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| American Indian or Alaskan Native |
8 | $2,454,000 |
$306,000 | $500,000 |
$71,000 | $120,000 |
| Asian |
61 | $20,025,000 |
$328,000 | $833,000 |
$136,000 | $744,000 |
| Black or African American |
161 | $46,670,000 |
$289,000 | $1,840,000 |
$86,000 | $448,000 |
| Hispanic |
597 | $173,737,000 |
$291,000 | $868,000 |
$95,000 | $744,000 |
| Native Hawaiin or Other Pacific Islander |
46 | $16,019,000 |
$348,000 | $656,000 |
$113,000 | $218,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
433 | $121,600,000 |
$280,000 | $1,755,000 |
$101,000 | $744,000 |
| White |
1,056 | $283,287,000 |
$268,000 | $1,900,000 |
$88,000 | $835,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,362 | $663,792,000 |
$281,000 | $1,900,000 |
$94,000 | $835,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
1,266 | $356,326,000 |
$281,000 | $1,840,000 |
$101,000 | $744,000 |
| Application Denied By Financial Institution |
7 | $2,859,000 |
$408,000 | $795,000 |
$227,000 | $660,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,089 | $304,607,000 |
$279,000 | $1,900,000 |
$84,000 | $835,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
1 | $568,000 |
$568,000 | $568,000 |
$137,000 | $137,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WESTERN CAPITAL MORTGAGE by:
Metropolitan Area And
County
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