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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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WHOLESALE AMERICA MORTGAGE, IN
Mortgage Loans and Application Details
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| Mortgage Company Name |
WHOLESALE AMERICA MORTGAGE, IN |
| Address | 6200 STONERIDGE MALL ROAD, SUITE 250
PLEASANTON, CA 94588 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 837 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $268,905,000 |
| Average Mortgage Loan Amount Applied For | $307,120 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $172,270 |
| Highest Applicant Income | $3,000,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
246 | $67,367,000 |
$273,000 | $2,500,000 |
$245,000 | $1,401,000 |
| Refinancing |
591 | $201,538,000 |
$341,000 | $1,388,000 |
$150,000 | $3,000,000 |
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| American Indian or Alaskan Native |
1 | $512,000 |
$512,000 | $512,000 |
$191,000 | $191,000 |
| Asian |
50 | $18,900,000 |
$378,000 | $1,230,000 |
$215,000 | $551,000 |
| Black or African American |
49 | $15,984,000 |
$326,000 | $684,000 |
$162,000 | $628,000 |
| Hispanic |
127 | $38,433,000 |
$302,000 | $682,000 |
$136,000 | $660,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $3,851,000 |
$350,000 | $610,000 |
$102,000 | $216,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
48 | $14,789,000 |
$308,000 | $735,000 |
$128,000 | $932,000 |
| White |
551 | $176,436,000 |
$320,000 | $2,500,000 |
$191,000 | $3,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
836 | $268,635,000 |
$321,000 | $2,500,000 |
$178,000 | $3,000,000 |
| FHA-insured (Federal Housing Administration) |
1 | $270,000 |
$270,000 | $270,000 |
$37,000 | $37,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
68 | $21,607,000 |
$317,000 | $2,500,000 |
$179,000 | $1,309,000 |
| Application Withdrawn By Applicant |
1 | $196,000 |
$196,000 | $196,000 |
$540,000 | $540,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
768 | $247,102,000 |
$321,000 | $1,388,000 |
$177,000 | $3,000,000 |
| 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 |
3 | $1,600,000 |
$533,000 | $1,230,000 |
$295,000 | $438,000 |
| Credit Application Incomplete |
1 | $270,000 |
$270,000 | $270,000 |
$122,000 | $122,000 |
| Credit History |
22 | $6,137,000 |
$278,000 | $735,000 |
$137,000 | $255,000 |
| Debt-To-Income Ratio |
2 | $263,000 |
$131,000 | $208,000 |
$61,000 | $67,000 |
| Employment History |
1 | $156,000 |
$156,000 | $156,000 |
$198,000 | $198,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $1,110,000 |
$158,000 | $392,000 |
$85,000 | $178,000 |
| Unverifiable Information |
1 | $24,000 |
$24,000 | $24,000 |
$420,000 | $420,000 |
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Mortgage Loan App Totals for WHOLESALE AMERICA MORTGAGE, IN by:
Metropolitan Area And
County
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