|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CENTURY MORTGAGE CORPORATION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CENTURY MORTGAGE CORPORATION |
| Address | 680 MIDDLETOWN BLVD SUITE 100
LANGHORNE, PA 19047 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 210 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $39,452,000 |
| Average Mortgage Loan Amount Applied For | $198,238 |
| Highest Mortgage Loan Amount Applied For | $559,000 |
| Average Applicant Income | $77,047 |
| Highest Applicant Income | $210,000 |
|
|
|
| Home Improvement |
1 | $190,000 |
$190,000 | $190,000 |
$77,000 | $77,000 |
| Home Purchase |
130 | $23,424,000 |
$205,000 | $362,000 |
$92,000 | $210,000 |
| Refinancing |
79 | $15,838,000 |
$186,500 | $559,000 |
$72,000 | $195,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $1,119,000 |
$276,500 | $314,000 |
$102,000 | $129,000 |
| Black or African American |
53 | $8,833,000 |
$140,000 | $559,000 |
$58,666 | $142,000 |
| Hispanic |
7 | $1,427,000 |
$184,500 | $258,000 |
$37,000 | $99,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $256,000 |
$256,000 | $256,000 |
$107,000 | $107,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
145 | $27,817,000 |
$239,666 | $453,000 |
$109,000 | $210,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
166 | $32,385,000 |
$211,500 | $559,000 |
$95,250 | $210,000 |
| FHA-insured (Federal Housing Administration) |
41 | $6,543,000 |
$156,000 | $294,000 |
$62,000 | $117,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $524,000 |
$191,500 | $243,000 |
$65,500 | $96,000 |
|
|
| Application Approved But Not Accepted |
3 | $429,000 |
$132,000 | $258,000 |
$28,500 | $90,000 |
| Application Denied By Financial Institution |
4 | $639,000 |
$159,500 | $314,000 |
$105,500 | $122,000 |
| Application Withdrawn By Applicant |
27 | $4,491,000 |
$160,000 | $365,000 |
$55,000 | $195,000 |
| File Closed For Incompleteness |
17 | $3,219,000 |
$178,000 | $359,000 |
$78,000 | $210,000 |
| Loan Originated |
159 | $30,674,000 |
$239,000 | $559,000 |
$108,666 | $186,000 |
| 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 |
3 | $465,000 |
$144,000 | $314,000 |
$118,500 | $122,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $174,000 |
$174,000 | $174,000 |
$63,000 | $63,000 |
| 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 CENTURY MORTGAGE CORPORATION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
