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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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WESTSTAR MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
WESTSTAR MORTGAGE CORPORATION |
| Address | 6200 UPTOWN BLVD NE, SUITE 110
ALBUQUERQUE, NM 87110 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 415 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,888,000 |
| Average Mortgage Loan Amount Applied For | $120,473 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $62,842 |
| Highest Applicant Income | $420,000 |
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| Home Improvement |
1 | $159,000 |
$159,000 | $159,000 |
$82,000 | $82,000 |
| Home Purchase |
409 | $43,553,000 |
$106,000 | $417,000 |
$62,000 | $439,000 |
| Refinancing |
214 | $26,939,000 |
$125,000 | $980,000 |
$66,000 | $267,000 |
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| American Indian or Alaskan Native |
6 | $1,668,000 |
$278,000 | $980,000 |
$113,000 | $267,000 |
| Asian |
2 | $147,000 |
$73,000 | $95,000 |
$43,000 | $55,000 |
| Black or African American |
19 | $1,910,000 |
$100,000 | $239,000 |
$48,000 | $118,000 |
| Hispanic |
86 | $10,332,000 |
$120,000 | $417,000 |
$63,000 | $148,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
114 | $13,768,000 |
$120,000 | $360,000 |
$61,000 | $420,000 |
| White |
397 | $42,826,000 |
$107,000 | $394,000 |
$64,000 | $439,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
151 | $19,741,000 |
$130,000 | $980,000 |
$86,000 | $420,000 |
| FHA-insured (Federal Housing Administration) |
472 | $50,741,000 |
$107,000 | $360,000 |
$56,000 | $439,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $169,000 |
$169,000 | $169,000 |
$53,000 | $53,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
70 | $8,443,000 |
$120,000 | $360,000 |
$69,000 | $439,000 |
| File Closed For Incompleteness |
121 | $14,638,000 |
$120,000 | $980,000 |
$62,000 | $267,000 |
| Loan Originated |
433 | $47,570,000 |
$109,000 | $417,000 |
$63,000 | $420,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WESTSTAR MORTGAGE CORPORATION by:
Metropolitan Area And
County
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