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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 FINANCIAL LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WESTERN FINANCIAL LLC |
| Address | 6061 S SYRACUSE WAY, SECOND FLOOR
GREENWOOD VILLAGE, CO 80111 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 862 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $141,606,000 |
| Average Mortgage Loan Amount Applied For | $167,165 |
| Highest Mortgage Loan Amount Applied For | $1,380,000 |
| Average Applicant Income | $80,539 |
| Highest Applicant Income | $1,438,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
324 | $49,597,000 |
$153,000 | $1,380,000 |
$87,000 | $1,438,000 |
| Refinancing |
540 | $92,270,000 |
$170,000 | $1,000,000 |
$79,000 | $360,000 |
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| American Indian or Alaskan Native |
1 | $306,000 |
$306,000 | $306,000 |
$98,000 | $98,000 |
| Asian |
12 | $2,154,000 |
$179,000 | $417,000 |
$92,000 | $138,000 |
| Black or African American |
30 | $3,731,000 |
$124,000 | $300,000 |
$50,000 | $102,000 |
| Hispanic |
76 | $9,899,000 |
$130,000 | $417,000 |
$66,000 | $287,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,141,000 |
$190,000 | $417,000 |
$84,000 | $180,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
35 | $7,641,000 |
$218,000 | $1,380,000 |
$112,000 | $600,000 |
| White |
704 | $116,995,000 |
$166,000 | $1,000,000 |
$84,000 | $1,438,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
751 | $121,666,000 |
$162,000 | $1,380,000 |
$86,000 | $1,438,000 |
| FHA-insured (Federal Housing Administration) |
101 | $17,843,000 |
$176,000 | $306,000 |
$60,000 | $210,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
12 | $2,358,000 |
$196,000 | $262,000 |
$49,000 | $82,000 |
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| Application Approved But Not Accepted |
75 | $11,374,000 |
$151,000 | $618,000 |
$70,000 | $288,000 |
| Application Denied By Financial Institution |
51 | $7,226,000 |
$141,000 | $506,000 |
$71,000 | $360,000 |
| Application Withdrawn By Applicant |
54 | $9,369,000 |
$173,000 | $734,000 |
$81,000 | $285,000 |
| File Closed For Incompleteness |
9 | $895,000 |
$99,000 | $158,000 |
$48,000 | $64,000 |
| Loan Originated |
675 | $113,003,000 |
$167,000 | $1,380,000 |
$85,000 | $1,438,000 |
| 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 |
17 | $2,210,000 |
$130,000 | $380,000 |
$64,000 | $360,000 |
| Credit Application Incomplete |
3 | $654,000 |
$218,000 | $506,000 |
$185,000 | $197,000 |
| Credit History |
8 | $1,159,000 |
$144,000 | $262,000 |
$47,000 | $104,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
3 | $503,000 |
$167,000 | $197,000 |
$41,000 | $46,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $466,000 |
$93,000 | $228,000 |
$83,000 | $144,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $618,000 |
$123,000 | $207,000 |
$90,000 | $120,000 |
| Unverifiable Information |
5 | $545,000 |
$109,000 | $232,000 |
$51,000 | $92,000 |
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Mortgage Loan App Totals for WESTERN FINANCIAL LLC by:
Metropolitan Area And
County
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