|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CAMBRIDGE MORTGAGE SERVICES
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CAMBRIDGE MORTGAGE SERVICES |
| Address | 76 EUCLID AVE FLOOR 2
HADDONFIELD, NJ 08033 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 294 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $78,007,000 |
| Average Mortgage Loan Amount Applied For | $324,826 |
| Highest Mortgage Loan Amount Applied For | $1,100,000 |
| Average Applicant Income | $132,217 |
| Highest Applicant Income | $1,300,000 |
|
|
|
| Home Improvement |
1 | $162,000 |
$162,000 | $162,000 |
$71,000 | $71,000 |
| Home Purchase |
220 | $59,755,000 |
$271,000 | $1,100,000 |
$136,000 | $1,300,000 |
| Refinancing |
73 | $18,090,000 |
$247,000 | $751,000 |
$109,000 | $385,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $1,255,000 |
$418,000 | $590,000 |
$141,000 | $304,000 |
| Black or African American |
5 | $809,000 |
$161,000 | $213,000 |
$71,000 | $86,000 |
| Hispanic |
3 | $766,000 |
$255,000 | $334,000 |
$88,000 | $107,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $910,000 |
$303,000 | $332,000 |
$157,000 | $176,000 |
| White |
280 | $74,267,000 |
$265,000 | $1,100,000 |
$130,000 | $1,300,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
284 | $76,315,000 |
$268,000 | $1,100,000 |
$131,000 | $1,300,000 |
| FHA-insured (Federal Housing Administration) |
10 | $1,692,000 |
$169,000 | $224,000 |
$70,000 | $117,000 |
| 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 | $157,000 |
$157,000 | $157,000 |
$76,000 | $76,000 |
| Application Denied By Financial Institution |
53 | $14,388,000 |
$271,000 | $600,000 |
$113,000 | $422,000 |
| Application Withdrawn By Applicant |
14 | $3,544,000 |
$253,000 | $750,000 |
$141,000 | $902,000 |
| File Closed For Incompleteness |
10 | $2,719,000 |
$271,000 | $590,000 |
$104,000 | $304,000 |
| Loan Originated |
216 | $57,199,000 |
$264,000 | $1,100,000 |
$134,000 | $1,300,000 |
| 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 |
51 | $14,186,000 |
$278,000 | $600,000 |
$117,000 | $422,000 |
| Credit History |
1 | $106,000 |
$106,000 | $106,000 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $96,000 |
$96,000 | $96,000 |
$46,000 | $46,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for CAMBRIDGE MORTGAGE SERVICES by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
