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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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ZINO FINANCIAL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
ZINO FINANCIAL, INC. |
| Address | 4071 PORT CHICAGO HWY #120
CONCORD, CA 94520 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,646 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $407,040,000 |
| Average Mortgage Loan Amount Applied For | $226,279 |
| Highest Mortgage Loan Amount Applied For | $1,960,000 |
| Average Applicant Income | $107,956 |
| Highest Applicant Income | $1,328,000 |
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| Home Improvement |
68 | $19,396,000 |
$285,000 | $744,000 |
$127,000 | $363,000 |
| Home Purchase |
1,068 | $231,065,000 |
$216,000 | $1,125,000 |
$120,000 | $1,328,000 |
| Refinancing |
510 | $156,579,000 |
$307,000 | $1,960,000 |
$131,000 | $772,000 |
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| American Indian or Alaskan Native |
3 | $1,245,000 |
$415,000 | $746,000 |
$154,000 | $204,000 |
| Asian |
66 | $22,145,000 |
$335,000 | $800,000 |
$172,000 | $360,000 |
| Black or African American |
179 | $39,688,000 |
$221,000 | $756,000 |
$109,000 | $372,000 |
| Hispanic |
830 | $181,259,000 |
$218,000 | $1,125,000 |
$116,000 | $1,328,000 |
| Native Hawaiin or Other Pacific Islander |
31 | $11,550,000 |
$372,000 | $920,000 |
$109,000 | $420,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
203 | $56,625,000 |
$278,000 | $1,400,000 |
$129,000 | $540,000 |
| White |
334 | $94,528,000 |
$283,000 | $1,960,000 |
$137,000 | $870,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,646 | $407,040,000 |
$247,000 | $1,960,000 |
$123,000 | $1,328,000 |
| 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 |
380 | $92,490,000 |
$243,000 | $1,125,000 |
$122,000 | $870,000 |
| Application Denied By Financial Institution |
544 | $141,582,000 |
$260,000 | $1,000,000 |
$133,000 | $660,000 |
| Application Withdrawn By Applicant |
180 | $52,487,000 |
$291,000 | $1,960,000 |
$137,000 | $772,000 |
| File Closed For Incompleteness |
7 | $2,645,000 |
$377,000 | $992,000 |
$172,000 | $420,000 |
| Loan Originated |
535 | $117,836,000 |
$220,000 | $1,350,000 |
$109,000 | $1,328,000 |
| 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 |
64 | $14,951,000 |
$233,000 | $800,000 |
$134,000 | $363,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
130 | $31,476,000 |
$242,000 | $780,000 |
$126,000 | $372,000 |
| Debt-To-Income Ratio |
66 | $16,318,000 |
$247,000 | $824,000 |
$134,000 | $498,000 |
| Employment History |
73 | $21,649,000 |
$296,000 | $984,000 |
$161,000 | $500,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $878,000 |
$219,000 | $369,000 |
$144,000 | $294,000 |
| Mortgage Insurance Denied |
2 | $476,000 |
$238,000 | $284,000 |
$103,000 | $131,000 |
| Other |
153 | $41,248,000 |
$269,000 | $1,000,000 |
$124,000 | $660,000 |
| Unverifiable Information |
36 | $10,726,000 |
$297,000 | $879,000 |
$156,000 | $357,000 |
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Mortgage Loan App Totals for ZINO FINANCIAL, INC. by:
Metropolitan Area And
County
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