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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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CARDINAL FINANCIAL COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
CARDINAL FINANCIAL COMPANY |
| Address | 444 JACKSONVILLE ROAD
WARMINSTER, PA 18976 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,895 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $884,600,000 |
| Average Mortgage Loan Amount Applied For | $384,621 |
| Highest Mortgage Loan Amount Applied For | $65,000,000 |
| Average Applicant Income | $87,182 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,607 | $481,532,000 |
$184,000 | $65,000,000 |
$82,000 | $1,200,000 |
| Refinancing |
2,288 | $403,068,000 |
$176,000 | $2,598,000 |
$84,000 | $1,189,000 |
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| American Indian or Alaskan Native |
11 | $2,179,000 |
$198,000 | $320,000 |
$76,000 | $155,000 |
| Asian |
96 | $14,685,000 |
$152,000 | $594,000 |
$64,000 | $279,000 |
| Black or African American |
1,076 | $189,216,000 |
$175,000 | $2,000,000 |
$70,000 | $816,000 |
| Hispanic |
223 | $35,213,000 |
$157,000 | $519,000 |
$65,000 | $247,000 |
| Native Hawaiin or Other Pacific Islander |
17 | $3,280,000 |
$192,000 | $355,000 |
$83,000 | $176,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
304 | $121,337,000 |
$399,000 | $65,000,000 |
$85,000 | $1,200,000 |
| White |
3,168 | $518,690,000 |
$163,000 | $1,500,000 |
$89,000 | $1,189,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,043 | $742,022,000 |
$183,000 | $65,000,000 |
$89,000 | $1,200,000 |
| FHA-insured (Federal Housing Administration) |
706 | $112,421,000 |
$159,000 | $429,000 |
$50,000 | $252,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
146 | $30,157,000 |
$206,000 | $417,000 |
$65,000 | $234,000 |
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| Application Approved But Not Accepted |
260 | $45,710,000 |
$175,000 | $1,500,000 |
$96,000 | $1,000,000 |
| Application Denied By Financial Institution |
485 | $154,484,000 |
$318,000 | $65,000,000 |
$84,000 | $1,200,000 |
| Application Withdrawn By Applicant |
946 | $171,241,000 |
$181,000 | $2,598,000 |
$91,000 | $1,189,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3,202 | $512,792,000 |
$160,000 | $1,225,000 |
$79,000 | $1,040,000 |
| Loan Purchased By The Institution |
2 | $373,000 |
$186,000 | $271,000 |
$67,000 | $68,000 |
| 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 |
21 | $2,526,000 |
$120,000 | $294,000 |
$48,000 | $106,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
42 | $72,615,000 |
$1,728,000 | $65,000,000 |
$92,000 | $1,200,000 |
| Debt-To-Income Ratio |
26 | $5,307,000 |
$204,000 | $616,000 |
$59,000 | $151,000 |
| Employment History |
3 | $384,000 |
$128,000 | $291,000 |
$41,000 | $73,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $1,183,000 |
$236,000 | $518,000 |
$59,000 | $116,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $993,000 |
$198,000 | $533,000 |
$77,000 | $179,000 |
| Unverifiable Information |
6 | $1,088,000 |
$181,000 | $450,000 |
$138,000 | $155,000 |
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Mortgage Loan App Totals for CARDINAL FINANCIAL COMPANY by:
Metropolitan Area And
County
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