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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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BRADFORD MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
BRADFORD MORTGAGE COMPANY |
| Address | 100 N. CHERRY STREET, SUITE 400
WINSTON-SALEM, NC 27101 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 912 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $262,960,000 |
| Average Mortgage Loan Amount Applied For | $299,714 |
| Highest Mortgage Loan Amount Applied For | $1,860,000 |
| Average Applicant Income | $162,063 |
| Highest Applicant Income | $1,251,000 |
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| Home Improvement |
7 | $3,732,000 |
$533,000 | $1,500,000 |
$135,000 | $250,000 |
| Home Purchase |
667 | $173,790,000 |
$260,000 | $1,800,000 |
$133,000 | $1,170,000 |
| Refinancing |
238 | $85,438,000 |
$358,000 | $1,860,000 |
$193,000 | $1,251,000 |
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| American Indian or Alaskan Native |
3 | $980,000 |
$326,000 | $576,000 |
$114,000 | $259,000 |
| Asian |
4 | $937,000 |
$234,000 | $406,000 |
$85,000 | $154,000 |
| Black or African American |
7 | $1,727,000 |
$246,000 | $344,000 |
$137,000 | $337,000 |
| Hispanic |
9 | $1,558,000 |
$173,000 | $277,000 |
$76,000 | $113,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $155,000 |
$77,000 | $80,000 |
$42,000 | $60,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
149 | $61,777,000 |
$414,000 | $1,690,000 |
$209,000 | $1,105,000 |
| White |
738 | $195,826,000 |
$265,000 | $1,860,000 |
$138,000 | $1,251,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
912 | $262,960,000 |
$288,000 | $1,860,000 |
$149,000 | $1,251,000 |
| 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 |
14 | $3,533,000 |
$252,000 | $955,000 |
$110,000 | $326,000 |
| Application Denied By Financial Institution |
36 | $8,544,000 |
$237,000 | $1,000,000 |
$273,000 | $598,000 |
| Application Withdrawn By Applicant |
122 | $36,883,000 |
$302,000 | $1,800,000 |
$143,000 | $805,000 |
| File Closed For Incompleteness |
3 | $845,000 |
$281,000 | $380,000 |
$204,000 | $262,000 |
| Loan Originated |
737 | $213,155,000 |
$289,000 | $1,860,000 |
$144,000 | $1,251,000 |
| 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 |
1 | $115,000 |
$115,000 | $115,000 |
$100,000 | $100,000 |
| Debt-To-Income Ratio |
2 | $395,000 |
$197,000 | $200,000 |
$97,000 | $109,000 |
| 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 |
11 | $1,864,000 |
$169,000 | $267,000 |
$496,000 | $598,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BRADFORD MORTGAGE COMPANY by:
Metropolitan Area And
County
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