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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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ACCESS NATIONAL MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
ACCESS NATIONAL MORTGAGE |
| Address | 1800 ROBERT FULTON DRIVE, SUITE 350 RESTON, VA 20191 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 3,777 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $658,134,000 |
| Average Mortgage Loan Amount Applied For | $146,150 |
| Highest Mortgage Loan Amount Applied For | $1,406,000 |
| Average Applicant Income | $57,410 |
| Highest Applicant Income | $1,456,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,808 | $317,832,000 |
$189,731 | $1,406,000 |
$99,609 | $1,456,000 |
| Refinancing |
1,973 | $340,909,000 |
$149,214 | $975,000 |
$43,261 | $1,200,000 |
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| American Indian or Alaskan Native |
12 | $1,516,000 |
$117,142 | $319,000 |
$19,285 | $87,000 |
| Asian |
78 | $18,441,000 |
$160,272 | $962,000 |
$40,363 | $582,000 |
| Black or African American |
563 | $88,342,000 |
$141,346 | $680,000 |
$33,576 | $378,000 |
| Hispanic |
391 | $65,432,000 |
$154,350 | $995,000 |
$52,200 | $432,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $1,328,000 |
$189,400 | $386,000 |
$50,600 | $119,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
666 | $117,754,000 |
$178,645 | $910,000 |
$70,870 | $600,000 |
| White |
2,064 | $365,928,000 |
$159,477 | $1,406,000 |
$66,659 | $1,456,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,195 | $466,764,000 |
$180,636 | $1,406,000 |
$91,204 | $1,456,000 |
| FHA-insured (Federal Housing Administration) |
1,443 | $171,755,000 |
$112,272 | $357,000 |
$16,242 | $378,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
143 | $20,222,000 |
$144,631 | $335,000 |
$26,842 | $120,000 |
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| Application Approved But Not Accepted |
195 | $29,084,000 |
$140,461 | $995,000 |
$40,615 | $1,165,000 |
| Application Denied By Financial Institution |
191 | $30,349,000 |
$162,000 | $1,406,000 |
$69,391 | $960,000 |
| Application Withdrawn By Applicant |
159 | $25,678,000 |
$152,625 | $910,000 |
$57,666 | $1,200,000 |
| File Closed For Incompleteness |
35 | $4,138,000 |
$112,272 | $313,000 |
$55,090 | $275,000 |
| Loan Originated |
3,200 | $569,170,000 |
$170,695 | $1,250,000 |
$67,630 | $1,456,000 |
| Loan Purchased By The Institution |
1 | $322,000 |
$322,000 | $322,000 |
$430,000 | $430,000 |
| 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 ACCESS NATIONAL MORTGAGE by:
Metropolitan Area And
County
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