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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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BSM FINANCIAL, L.P.
Mortgage Loans and Application Details
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| Mortgage Company Name |
BSM FINANCIAL, L.P. |
| Address | 1301 CENTRAL EXPRESSWAY SOUTH
ALLEN, TX 75013 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 12,066 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,952,386,000 |
| Average Mortgage Loan Amount Applied For | $149,892 |
| Highest Mortgage Loan Amount Applied For | $2,190,000 |
| Average Applicant Income | $71,064 |
| Highest Applicant Income | $1,882,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
8,160 | $1,098,732,000 |
$134,000 | $1,500,000 |
$81,000 | $1,164,000 |
| Refinancing |
3,912 | $854,595,000 |
$218,000 | $2,190,000 |
$92,000 | $1,882,000 |
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| American Indian or Alaskan Native |
31 | $4,127,000 |
$133,000 | $675,000 |
$71,000 | $306,000 |
| Asian |
600 | $147,363,000 |
$245,000 | $1,332,000 |
$120,000 | $960,000 |
| Black or African American |
1,574 | $222,465,000 |
$141,000 | $1,050,000 |
$67,000 | $903,000 |
| Hispanic |
2,113 | $317,582,000 |
$150,000 | $2,160,000 |
$73,000 | $876,000 |
| Native Hawaiin or Other Pacific Islander |
47 | $9,101,000 |
$193,000 | $560,000 |
$97,000 | $204,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
420 | $86,872,000 |
$206,000 | $1,595,000 |
$85,000 | $624,000 |
| White |
7,287 | $1,165,817,000 |
$159,000 | $2,190,000 |
$89,000 | $1,882,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
8,938 | $1,560,501,000 |
$174,000 | $2,190,000 |
$96,000 | $1,882,000 |
| FHA-insured (Federal Housing Administration) |
2,725 | $324,593,000 |
$119,000 | $356,000 |
$50,000 | $590,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
409 | $68,233,000 |
$166,000 | $417,000 |
$66,000 | $735,000 |
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| Application Approved But Not Accepted |
996 | $180,334,000 |
$181,000 | $1,595,000 |
$91,000 | $1,164,000 |
| Application Denied By Financial Institution |
1,075 | $225,400,000 |
$209,000 | $2,000,000 |
$115,000 | $1,882,000 |
| Application Withdrawn By Applicant |
624 | $98,659,000 |
$158,000 | $2,160,000 |
$67,000 | $903,000 |
| File Closed For Incompleteness |
415 | $78,726,000 |
$189,000 | $1,400,000 |
$71,000 | $480,000 |
| Loan Originated |
8,954 | $1,369,072,000 |
$152,000 | $2,190,000 |
$82,000 | $1,390,000 |
| 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 |
8 | $1,136,000 |
$142,000 | $350,000 |
$26,000 | $87,000 |
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| Collateral |
124 | $21,752,000 |
$175,000 | $808,000 |
$121,000 | $876,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
348 | $72,592,000 |
$208,000 | $1,134,000 |
$94,000 | $960,000 |
| Debt-To-Income Ratio |
153 | $25,746,000 |
$168,000 | $2,000,000 |
$66,000 | $735,000 |
| Employment History |
38 | $5,312,000 |
$139,000 | $485,000 |
$93,000 | $180,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
18 | $2,147,000 |
$119,000 | $280,000 |
$198,000 | $1,882,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
240 | $50,508,000 |
$210,000 | $1,088,000 |
$156,000 | $780,000 |
| Unverifiable Information |
129 | $44,255,000 |
$343,000 | $1,500,000 |
$159,000 | $600,000 |
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Mortgage Loan App Totals for BSM FINANCIAL, L.P. by:
Metropolitan Area And
County
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