|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
BURKE & HERBERT MORTGAGE CO.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
BURKE & HERBERT MORTGAGE CO. |
| Address | 118 S. FAIRFAX STREET
ALEXANDRIA, VA 22314 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 86 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,251,000 |
| Average Mortgage Loan Amount Applied For | $214,307 |
| Highest Mortgage Loan Amount Applied For | $1,130,000 |
| Average Applicant Income | $188,000 |
| Highest Applicant Income | $996,000 |
|
|
|
| Home Improvement |
4 | $274,000 |
$68,000 | $150,000 |
$121,000 | $188,000 |
| Home Purchase |
24 | $6,276,000 |
$195,500 | $1,000,000 |
$152,500 | $996,000 |
| Refinancing |
58 | $14,701,000 |
$187,000 | $1,130,000 |
$91,000 | $631,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $486,000 |
$121,000 | $270,000 |
$63,000 | $90,000 |
| Black or African American |
15 | $2,640,000 |
$153,500 | $525,000 |
$80,500 | $550,000 |
| Hispanic |
4 | $1,029,000 |
$257,000 | $375,000 |
$157,000 | $298,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $365,000 |
$182,000 | $280,000 |
$70,000 | $75,000 |
| White |
61 | $16,731,000 |
$213,000 | $1,130,000 |
$202,500 | $996,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
86 | $21,251,000 |
$185,000 | $1,130,000 |
$120,000 | $996,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
1 | $79,000 |
$79,000 | $79,000 |
$58,000 | $58,000 |
| Application Denied By Financial Institution |
19 | $5,845,000 |
$202,500 | $1,000,000 |
$92,000 | $602,000 |
| Application Withdrawn By Applicant |
7 | $1,867,000 |
$223,500 | $480,000 |
$46,500 | $129,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
59 | $13,460,000 |
$171,500 | $1,130,000 |
$165,000 | $996,000 |
| 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 |
|
|
| 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 |
|
Mortgage Loan App Totals for BURKE & HERBERT MORTGAGE CO. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
