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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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1ST NEW ENGLAND MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST NEW ENGLAND MORTGAGE CORP |
| Address | 180 WELLS AVENUE SUITE 304 NEWTON, MA 02459 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 157 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $40,119,000 |
| Average Mortgage Loan Amount Applied For | $286,250 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $148,431 |
| Highest Applicant Income | $900,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
121 | $30,966,000 |
$255,000 | $1,500,000 |
$152,000 | $619,000 |
| Refinancing |
51 | $13,161,000 |
$258,000 | $1,000,000 |
$170,000 | $900,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
12 | $4,314,000 |
$359,000 | $648,000 |
$142,000 | $277,000 |
| Black or African American |
2 | $130,000 |
$65,000 | $65,000 |
$86,000 | $125,000 |
| Hispanic |
6 | $1,405,000 |
$234,000 | $559,000 |
$146,000 | $232,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $3,143,000 |
$285,000 | $1,500,000 |
$151,000 | $495,000 |
| White |
141 | $35,135,000 |
$249,000 | $1,338,000 |
$161,000 | $900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
172 | $44,127,000 |
$256,000 | $1,500,000 |
$157,000 | $900,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
172 | $44,127,000 |
$256,000 | $1,500,000 |
$157,000 | $900,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for 1ST NEW ENGLAND MORTGAGE CORP by:
Metropolitan Area And
County
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