Network Capital Funding Corpor
Mortgage Loan Application
Totals and Details
for 2016

Mortgage Company & Address Network Capital Funding Corpor
5 Park Plaza #800
Irvine, CA 92614
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  
Total Number of Mortgage Applications 54,553
Total Mortgage Loan Application Amount $11,716,755,000
Average Mortgage Loan Application Amount $160,918
Highest Mortgage Loan Application Amount $16,000,000
Average Applicant Income $67,704
Highest Applicant Income $6,034,000
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Mortgage Loan Application Detail Totals for Network Capital Funding Corpor in 2016

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 52,693 $11,338,570,000 $215,000 $16,000,000 $81,000 $6,034,000
Home Purchase 2,010 $408,786,000 $203,000 $1,806,000 $87,000 $2,400,000
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
White 34,324 $7,443,730,000 $216,000 $16,000,000 $84,000 $6,034,000
Black or African American 8,472 $1,579,710,000 $186,000 $2,297,000 $63,000 $2,400,000
Hispanic 6,737 $1,424,388,000 $211,000 $1,646,000 $75,000 $2,160,000
Asian 3,054 $849,634,000 $278,000 $1,500,000 $110,000 $2,556,000
American Indian or Alaskan Native 869 $169,969,000 $195,000 $1,212,000 $77,000 $2,148,000
Not Provided 745 $164,998,000 $221,000 $1,200,000 $107,000 $1,704,000
Native Hawaiin or Other Pacific Islander 502 $114,927,000 $228,000 $668,000 $81,000 $1,260,000
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) 36,793 $7,958,659,000 $216,000 $16,000,000 $97,000 $6,034,000
VA-guaranteed (Veterans Administration) 9,289 $2,193,525,000 $236,000 $1,906,000 $45,000 $2,345,000
FHA-insured (Federal Housing Administration) 8,619 $1,594,931,000 $185,000 $1,340,000 $53,000 $2,580,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $241,000 $120,000 $161,000 $73,000 $76,000

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 34,461 $7,512,144,000 $217,000 $16,000,000 $86,000 $6,034,000
Application Denied By Financial Institution 14,230 $2,759,158,000 $193,000 $2,340,000 $70,000 $2,736,000
Loan Originated 6,011 $1,475,954,000 $245,000 $1,906,000 $77,000 $1,163,000
File Closed For Incompleteness 1 $100,000 $100,000 $100,000 $48,000 $48,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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
Credit History 8,692 $1,554,538,000 $178,000 $2,100,000 $70,000 $2,736,000
Collateral 2,566 $515,180,000 $200,000 $2,297,000 $83,000 $2,296,000
Debt-To-Income Ratio 1,967 $465,864,000 $236,000 $2,340,000 $52,000 $1,740,000
Other 580 $139,361,000 $240,000 $1,566,000 $92,000 $1,600,000
Unverifiable Information 249 $48,532,000 $194,000 $680,000 $61,000 $750,000
Credit Application Incomplete 118 $25,005,000 $211,000 $967,000 $69,000 $354,000
Employment History 55 $10,277,000 $186,000 $415,000 $51,000 $180,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Download the California Lender List