|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CHASE MANHATTAN MORTGAGE CORP.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CHASE MANHATTAN MORTGAGE CORP. |
| Address | 194 WOOD AVENUE SOUTH
ISELIN, NJ 08830 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 632,467 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $119,285,796,000 |
| Average Mortgage Loan Amount Applied For | $114,845 |
| Highest Mortgage Loan Amount Applied For | $15,000,000 |
| Average Applicant Income | $59,262 |
| Highest Applicant Income | $9,999,000 |
|
|
|
| Home Improvement |
9,812 | $1,848,658,000 |
$158,784 | $2,800,000 |
$73,725 | $1,564,000 |
| Home Purchase |
275,432 | $53,783,745,000 |
$179,215 | $15,000,000 |
$75,078 | $9,999,000 |
| Refinancing |
347,223 | $63,653,393,000 |
$157,058 | $9,750,000 |
$68,392 | $9,999,000 |
|
|
| American Indian or Alaskan Native |
1,948 | $306,975,000 |
$143,604 | $1,300,000 |
$73,354 | $5,777,000 |
| Asian |
27,871 | $7,334,038,000 |
$191,860 | $2,400,000 |
$84,040 | $3,306,000 |
| Black or African American |
41,055 | $5,752,952,000 |
$142,760 | $2,815,000 |
$66,520 | $8,122,000 |
| Hispanic |
59,990 | $9,635,438,000 |
$142,019 | $2,170,000 |
$60,313 | $8,314,000 |
| Native Hawaiin or Other Pacific Islander |
1,493 | $297,978,000 |
$163,239 | $1,398,000 |
$68,195 | $1,345,000 |
| Not applicable |
52,091 | $13,746,322,000 |
$189,803 | $7,175,000 |
$11,568 | $540,000 |
| Not Provided |
79,297 | $17,016,154,000 |
$173,137 | $9,750,000 |
$84,333 | $9,455,000 |
| White |
368,722 | $65,195,939,000 |
$165,196 | $15,000,000 |
$77,372 | $9,999,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
544,211 | $108,907,334,000 |
$171,352 | $15,000,000 |
$81,745 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
54,186 | $6,535,174,000 |
$124,666 | $966,000 |
$35,843 | $2,375,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
18,316 | $1,710,515,000 |
$104,729 | $505,000 |
$28,479 | $260,000 |
| VA-guaranteed (Veterans Administration) |
15,754 | $2,132,773,000 |
$136,745 | $1,075,000 |
$35,607 | $1,200,000 |
|
|
| Application Approved But Not Accepted |
31,030 | $6,014,275,000 |
$164,705 | $3,000,000 |
$83,078 | $9,999,000 |
| Application Denied By Financial Institution |
63,136 | $11,231,685,000 |
$156,862 | $4,000,000 |
$70,000 | $4,724,000 |
| Application Withdrawn By Applicant |
14,083 | $2,628,892,000 |
$162,940 | $9,750,000 |
$68,860 | $3,225,000 |
| File Closed For Incompleteness |
13,490 | $2,548,426,000 |
$172,196 | $15,000,000 |
$70,803 | $9,999,000 |
| Loan Originated |
336,214 | $63,799,657,000 |
$165,686 | $3,640,000 |
$78,980 | $9,455,000 |
| Loan Purchased By The Institution |
174,514 | $33,062,861,000 |
$164,862 | $7,175,000 |
$58,215 | $5,219,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
7,347 | $1,167,034,000 |
$155,560 | $2,425,000 |
$78,740 | $4,200,000 |
| Credit Application Incomplete |
37,221 | $6,787,442,000 |
$156,274 | $3,850,000 |
$75,784 | $4,724,000 |
| Credit History |
6,124 | $971,699,000 |
$147,705 | $2,200,000 |
$60,568 | $1,500,000 |
| Debt-To-Income Ratio |
7,754 | $1,459,432,000 |
$173,098 | $4,000,000 |
$47,490 | $1,317,000 |
| Employment History |
294 | $47,094,000 |
$145,051 | $1,000,000 |
$57,538 | $886,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
411 | $79,096,000 |
$161,704 | $2,306,000 |
$91,727 | $1,068,000 |
| Mortgage Insurance Denied |
35 | $3,081,000 |
$91,850 | $161,000 |
$38,700 | $140,000 |
| Other |
2,532 | $444,468,000 |
$148,900 | $1,625,000 |
$80,860 | $2,621,000 |
| Unverifiable Information |
1,418 | $272,339,000 |
$170,755 | $2,000,000 |
$93,288 | $2,986,000 |
|
Mortgage Loan App Totals for CHASE MANHATTAN MORTGAGE CORP. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
