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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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WESTPAC FINANCIAL SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
WESTPAC FINANCIAL SERVICES |
| Address | 15751 ROCKFIELD BL., #200
IRVINE, CA 92618 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 54 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,580,000 |
| Average Mortgage Loan Amount Applied For | $262,400 |
| Highest Mortgage Loan Amount Applied For | $579,000 |
| Average Applicant Income | $75,900 |
| Highest Applicant Income | $300,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
2 | $429,000 |
$214,000 | $220,000 |
$62,000 | $64,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
52 | $11,151,000 |
$214,000 | $579,000 |
$80,000 | $300,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
3 | $629,000 |
$209,000 | $323,000 |
$125,000 | $176,000 |
| Black |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
12 | $2,437,000 |
$203,000 | $410,000 |
$69,000 | $158,000 |
| Information not provided by applicant in mail or telephone application |
6 | $1,207,000 |
$201,000 | $300,000 |
$73,000 | $120,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
10 | $2,459,000 |
$245,000 | $520,000 |
$115,000 | $300,000 |
| White |
23 | $4,848,000 |
$210,000 | $579,000 |
$54,000 | $174,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
54 | $11,580,000 |
$214,000 | $579,000 |
$79,000 | $300,000 |
| 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 |
7 | $1,638,000 |
$234,000 | $520,000 |
$123,000 | $300,000 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
44 | $9,543,000 |
$216,000 | $579,000 |
$73,000 | $176,000 |
| File Closed For Incompleteness |
3 | $399,000 |
$133,000 | $205,000 |
$30,000 | $92,000 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Purchased By The 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WESTPAC FINANCIAL SERVICES by:
Metropolitan Area And
County
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