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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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CASTLE POINT MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
CASTLE POINT MORTGAGE, INC. |
| Address | 6800 DEERPATH ROAD, SUITE 105
ELKRIDGE, MD 21075 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 8,374 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,295,075,000 |
| Average Mortgage Loan Amount Applied For | $125,040 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $52,276 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
209 | $38,802,000 |
$185,000 | $2,040,000 |
$76,000 | $480,000 |
| Refinancing |
8,181 | $1,258,829,000 |
$153,000 | $3,000,000 |
$57,000 | $1,200,000 |
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| American Indian or Alaskan Native |
51 | $7,549,000 |
$148,000 | $765,000 |
$38,000 | $162,000 |
| Asian |
64 | $14,560,000 |
$227,000 | $881,000 |
$68,000 | $187,000 |
| Black or African American |
984 | $141,986,000 |
$144,000 | $1,440,000 |
$51,000 | $720,000 |
| Hispanic |
223 | $36,503,000 |
$163,000 | $1,155,000 |
$58,000 | $264,000 |
| Native Hawaiin or Other Pacific Islander |
22 | $4,663,000 |
$211,000 | $540,000 |
$67,000 | $174,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,616 | $268,239,000 |
$165,000 | $2,040,000 |
$60,000 | $1,200,000 |
| White |
5,430 | $824,131,000 |
$151,000 | $3,000,000 |
$58,000 | $834,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
8,390 | $1,297,631,000 |
$154,000 | $3,000,000 |
$58,000 | $1,200,000 |
| 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 |
19 | $3,702,000 |
$194,000 | $770,000 |
$79,000 | $342,000 |
| Application Denied By Financial Institution |
1,299 | $189,817,000 |
$146,000 | $2,558,000 |
$51,000 | $1,016,000 |
| Application Withdrawn By Applicant |
3,212 | $501,157,000 |
$156,000 | $2,510,000 |
$60,000 | $1,200,000 |
| File Closed For Incompleteness |
5 | $832,000 |
$166,000 | $412,000 |
$93,000 | $150,000 |
| Loan Originated |
3,855 | $602,123,000 |
$156,000 | $3,000,000 |
$59,000 | $540,000 |
| 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 |
667 | $100,941,000 |
$151,000 | $2,558,000 |
$54,000 | $1,016,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
435 | $60,281,000 |
$138,000 | $1,200,000 |
$47,000 | $360,000 |
| Debt-To-Income Ratio |
74 | $11,534,000 |
$155,000 | $704,000 |
$53,000 | $288,000 |
| Employment History |
14 | $2,369,000 |
$169,000 | $341,000 |
$53,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
27 | $4,283,000 |
$158,000 | $358,000 |
$60,000 | $150,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
66 | $8,046,000 |
$121,000 | $581,000 |
$49,000 | $144,000 |
| Unverifiable Information |
16 | $2,363,000 |
$147,000 | $480,000 |
$37,000 | $264,000 |
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Mortgage Loan App Totals for CASTLE POINT MORTGAGE, INC. by:
Metropolitan Area And
County
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