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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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WORLD WIDE CREDIT CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
WORLD WIDE CREDIT CORP |
| Address | 9089 CLAIREMONT MESA BLVD. STE. 200
SAN DIEGO, CA 92123 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 1,299 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $267,061,000 |
| Average Mortgage Loan Amount Applied For | $190,843 |
| Highest Mortgage Loan Amount Applied For | $980,000 |
| Average Applicant Income | $79,179 |
| Highest Applicant Income | $940,000 |
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| Home Improvement (one-to-four family) |
1 | $60,000 |
$60,000 | $60,000 |
$106,000 | $106,000 |
| Home Purchase (one-to-four family) |
104 | $25,284,000 |
$186,300 | $975,000 |
$87,700 | $540,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
3 | $597,000 |
$174,000 | $323,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
1,192 | $241,195,000 |
$170,230 | $980,000 |
$67,384 | $940,000 |
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| American Indian or Alaskan Native |
7 | $1,877,000 |
$212,000 | $520,000 |
$110,333 | $321,000 |
| Asian or Pacific Islander |
45 | $11,734,000 |
$194,800 | $746,000 |
$63,400 | $720,000 |
| Black |
74 | $12,722,000 |
$146,800 | $410,000 |
$58,200 | $258,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Information not provided by applicant in mail or telephone application |
10 | $2,045,000 |
$177,000 | $350,000 |
$71,750 | $155,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
51 | $14,227,000 |
$215,600 | $975,000 |
$82,600 | $540,000 |
| White |
1,113 | $224,531,000 |
$178,000 | $980,000 |
$71,818 | $940,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,158 | $245,859,000 |
$168,230 | $980,000 |
$70,538 | $940,000 |
| FHA-insured (Federal Housing Administration) |
121 | $17,537,000 |
$139,666 | $253,000 |
$49,666 | $93,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
21 | $3,740,000 |
$175,000 | $290,000 |
$55,800 | $77,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
323 | $63,875,000 |
$173,777 | $900,000 |
$74,000 | $940,000 |
| Application Withdrawn By Applicant |
447 | $93,496,000 |
$160,000 | $975,000 |
$73,555 | $800,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
187 | $42,755,000 |
$174,500 | $725,000 |
$103,500 | $884,000 |
| Loan Purchased By The Institution |
343 | $67,010,000 |
$183,400 | $980,000 |
$66,300 | $609,000 |
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| Collateral |
26 | $5,333,000 |
$195,285 | $406,000 |
$90,285 | $201,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
104 | $19,435,000 |
$180,000 | $800,000 |
$80,000 | $720,000 |
| Debt-To-Income Ratio |
11 | $1,606,000 |
$145,600 | $200,000 |
$54,800 | $360,000 |
| Employment History |
2 | $371,000 |
$185,500 | $196,000 |
$61,000 | $71,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $1,419,000 |
$163,000 | $400,000 |
$52,250 | $81,000 |
| Unverifiable Information |
1 | $120,000 |
$120,000 | $120,000 |
$68,000 | $68,000 |
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Mortgage Loan App Totals for WORLD WIDE CREDIT CORP by:
Metropolitan Area And
County
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