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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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CIRCLE MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CIRCLE MORTGAGE CORPORATION |
| Address | 6600 TAFT STREET 4TH FLOOR HOLLYWOOD, FL 33024 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 923 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $155,329,000 |
| Average Mortgage Loan Amount Applied For | $194,681 |
| Highest Mortgage Loan Amount Applied For | $3,488,000 |
| Average Applicant Income | $40,272 |
| Highest Applicant Income | $641,000 |
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| Home Improvement |
1 | $196,000 |
$196,000 | $196,000 |
$0 | $0 |
| Home Purchase |
102 | $22,293,000 |
$218,000 | $3,488,000 |
$94,000 | $641,000 |
| Refinancing |
820 | $132,840,000 |
$162,000 | $596,000 |
$8,000 | $241,000 |
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| American Indian or Alaskan Native |
2 | $368,000 |
$184,000 | $239,000 |
$131,000 | $162,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
58 | $7,833,000 |
$135,000 | $278,000 |
$16,000 | $91,000 |
| Hispanic |
162 | $28,052,000 |
$173,000 | $351,000 |
$8,000 | $118,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $353,000 |
$176,000 | $257,000 |
$98,000 | $166,000 |
| White |
699 | $118,723,000 |
$169,000 | $3,488,000 |
$19,000 | $641,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
177 | $37,005,000 |
$209,000 | $3,488,000 |
$87,000 | $641,000 |
| FHA-insured (Federal Housing Administration) |
744 | $117,768,000 |
$158,000 | $311,000 |
$1,000 | $112,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $556,000 |
$278,000 | $345,000 |
$79,000 | $82,000 |
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| Application Approved But Not Accepted |
3 | $404,000 |
$134,000 | $224,000 |
$216,000 | $419,000 |
| Application Denied By Financial Institution |
9 | $841,000 |
$93,000 | $160,000 |
$11,000 | $53,000 |
| Application Withdrawn By Applicant |
199 | $36,385,000 |
$182,000 | $3,488,000 |
$26,000 | $213,000 |
| File Closed For Incompleteness |
3 | $600,000 |
$200,000 | $250,000 |
$68,000 | $119,000 |
| Loan Originated |
709 | $117,099,000 |
$165,000 | $900,000 |
$14,000 | $641,000 |
| 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 |
7 | $641,000 |
$91,000 | $137,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
2 | $200,000 |
$100,000 | $160,000 |
$53,000 | $53,000 |
| 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 |
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Mortgage Loan App Totals for CIRCLE MORTGAGE CORPORATION by:
Metropolitan Area And
County
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