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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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ATLANTIC COAST MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
ATLANTIC COAST MORTGAGE |
| Address | 1009 SOUTH MAIN STREET PLEASANTVILLE, NJ 08232 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 546 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $97,686,000 |
| Average Mortgage Loan Amount Applied For | $200,600 |
| Highest Mortgage Loan Amount Applied For | $540,000 |
| Average Applicant Income | $79,533 |
| Highest Applicant Income | $250,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
304 | $51,946,000 |
$170,000 | $417,000 |
$67,000 | $250,000 |
| Refinancing |
242 | $45,740,000 |
$189,000 | $540,000 |
$65,000 | $230,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
40 | $7,834,000 |
$195,000 | $488,000 |
$80,000 | $250,000 |
| Black or African American |
124 | $19,986,000 |
$161,000 | $342,000 |
$60,000 | $156,000 |
| Hispanic |
77 | $12,656,000 |
$164,000 | $346,000 |
$62,000 | $156,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $798,000 |
$266,000 | $308,000 |
$59,000 | $86,000 |
| White |
302 | $56,412,000 |
$186,000 | $540,000 |
$68,000 | $230,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
308 | $54,154,000 |
$175,000 | $540,000 |
$71,000 | $250,000 |
| FHA-insured (Federal Housing Administration) |
216 | $39,204,000 |
$181,000 | $334,000 |
$58,000 | $206,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $108,000 |
$108,000 | $108,000 |
$98,000 | $98,000 |
| VA-guaranteed (Veterans Administration) |
21 | $4,220,000 |
$200,000 | $346,000 |
$64,000 | $151,000 |
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| Application Approved But Not Accepted |
4 | $557,000 |
$139,000 | $195,000 |
$82,000 | $174,000 |
| 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 |
542 | $97,129,000 |
$179,000 | $540,000 |
$66,000 | $250,000 |
| 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 ATLANTIC COAST MORTGAGE by:
Metropolitan Area And
County
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