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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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21ST CENTURY MORTGAGE BANKERS
Mortgage Loans and Application Details
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| Mortgage Company Name |
21ST CENTURY MORTGAGE BANKERS |
| Address | 350 E. OGDEN AVENUE 1
WESTMONT, IL 60559 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 2,839 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $599,551,000 |
| Average Mortgage Loan Amount Applied For | $218,978 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $94,905 |
| Highest Applicant Income | $1,260,000 |
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| Home Improvement |
2 | $324,000 |
$162,000 | $174,000 |
$113,000 | $149,000 |
| Home Purchase |
1,102 | $228,400,000 |
$210,272 | $1,248,000 |
$84,909 | $868,000 |
| Refinancing |
1,735 | $370,827,000 |
$362,111 | $1,400,000 |
$67,888 | $1,260,000 |
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| American Indian or Alaskan Native |
20 | $4,528,000 |
$293,500 | $448,000 |
$184,000 | $370,000 |
| Asian |
94 | $24,953,000 |
$272,000 | $950,000 |
$112,500 | $324,000 |
| Black or African American |
365 | $57,778,000 |
$209,000 | $900,000 |
$73,000 | $227,000 |
| Hispanic |
874 | $178,870,000 |
$317,714 | $1,400,000 |
$52,571 | $756,000 |
| Native Hawaiin or Other Pacific Islander |
15 | $4,415,000 |
$250,333 | $752,000 |
$127,000 | $276,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
41 | $10,520,000 |
$319,750 | $600,000 |
$67,250 | $241,000 |
| White |
1,430 | $318,487,000 |
$217,416 | $1,248,000 |
$90,250 | $1,260,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,839 | $599,551,000 |
$273,076 | $1,400,000 |
$73,461 | $1,260,000 |
| 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 |
62 | $12,916,000 |
$167,250 | $775,000 |
$81,250 | $332,000 |
| Application Denied By Financial Institution |
113 | $21,126,000 |
$311,250 | $752,000 |
$65,250 | $520,000 |
| Application Withdrawn By Applicant |
1,147 | $279,816,000 |
$394,333 | $1,400,000 |
$76,111 | $1,260,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,517 | $285,693,000 |
$146,125 | $1,248,000 |
$86,125 | $868,000 |
| 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 |
9 | $1,784,000 |
$198,000 | $560,000 |
$86,000 | $190,000 |
| Credit Application Incomplete |
7 | $2,165,000 |
$430,000 | $600,000 |
$9,500 | $120,000 |
| Credit History |
18 | $2,999,000 |
$297,500 | $680,000 |
$87,500 | $204,000 |
| Debt-To-Income Ratio |
8 | $1,356,000 |
$165,500 | $354,000 |
$60,000 | $102,000 |
| Employment History |
1 | $183,000 |
$183,000 | $183,000 |
$42,000 | $42,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
64 | $11,536,000 |
$273,666 | $752,000 |
$96,000 | $520,000 |
| Unverifiable Information |
6 | $1,103,000 |
$183,500 | $468,000 |
$88,000 | $144,000 |
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Mortgage Loan App Totals for 21ST CENTURY MORTGAGE BANKERS by:
Metropolitan Area And
County
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