Bankerswest Funding Corporatio
Mortgage Loan Application
Totals and Details
for 2007

Mortgage Company & Address Bankerswest Funding Corporatio
17595 Almahurst Street, Suite 100A
City Of Industry, CA 91748
Federal Regulator * available with data download
Years 2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 7,931
Total Mortgage Loan Application Amount $2,413,836,000
Average Mortgage Loan Application Amount $241,470
Highest Mortgage Loan Application Amount $2,500,000
Average Applicant Income $111,947
Highest Applicant Income $1,522,000
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Mortgage Loan Application Detail Totals for Bankerswest Funding Corporatio in 2007

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 5,130 $1,582,459,000 $308,000 $2,500,000 $97,000 $1,477,000
Home Purchase 2,897 $855,454,000 $295,000 $2,000,000 $113,000 $1,522,000
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Hispanic 5,025 $1,482,415,000 $295,000 $1,600,000 $89,000 $1,477,000
White 1,827 $558,050,000 $305,000 $2,500,000 $130,000 $1,522,000
Asian 627 $220,949,000 $352,000 $1,598,000 $130,000 $672,000
Black or African American 414 $129,267,000 $312,000 $1,650,000 $108,000 $1,200,000
Not Provided 61 $22,276,000 $365,000 $1,000,000 $113,000 $420,000
Native Hawaiin or Other Pacific Islander 51 $17,827,000 $349,000 $876,000 $127,000 $354,000
American Indian or Alaskan Native 22 $7,129,000 $324,000 $706,000 $100,000 $311,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 7,969 $2,426,045,000 $304,000 $2,500,000 $103,000 $1,522,000
FHA-insured (Federal Housing Administration) 45 $9,519,000 $211,000 $585,000 $61,000 $175,000
VA-guaranteed (Veterans Administration) 13 $2,349,000 $180,000 $299,000 $65,000 $125,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Withdrawn By Applicant 2,387 $758,932,000 $317,000 $2,000,000 $115,000 $1,522,000
Loan Originated 2,263 $629,624,000 $278,000 $1,598,000 $87,000 $1,200,000
Application Approved But Not Accepted 2,118 $653,892,000 $308,000 $1,820,000 $99,000 $1,200,000
Application Denied By Financial Institution 1,054 $321,856,000 $305,000 $2,500,000 $114,000 $1,200,000
File Closed For Incompleteness 205 $73,609,000 $359,000 $1,419,000 $118,000 $485,000
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

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Other 293 $95,573,000 $326,000 $968,000 $119,000 $1,200,000
Credit History 96 $26,010,000 $270,000 $660,000 $94,000 $720,000
Debt-To-Income Ratio 31 $10,290,000 $331,000 $585,000 $90,000 $318,000
Collateral 19 $5,137,000 $270,000 $942,000 $120,000 $360,000
Employment History 12 $4,427,000 $368,000 $1,000,000 $155,000 $314,000
Unverifiable Information 4 $1,111,000 $277,000 $417,000 $98,000 $134,000
Insufficient Cash (Downpayment, Closing Cost) 3 $891,000 $297,000 $339,000 $83,000 $120,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
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