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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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CMV HOME LOANS
Mortgage Loans and Application Details
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| Mortgage Company Name |
CMV HOME LOANS |
| Address | ONE VERANI WAY
LONDONDERRY, NH 03053-4202 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 450 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $95,884,000 |
| Average Mortgage Loan Amount Applied For | $390,045 |
| Highest Mortgage Loan Amount Applied For | $2,902,000 |
| Average Applicant Income | $114,772 |
| Highest Applicant Income | $720,000 |
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| Home Improvement |
3 | $420,000 |
$140,000 | $240,000 |
$99,000 | $105,000 |
| Home Purchase |
379 | $79,893,000 |
$210,000 | $2,902,000 |
$89,000 | $720,000 |
| Refinancing |
68 | $15,571,000 |
$228,000 | $965,000 |
$89,000 | $270,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
11 | $2,331,000 |
$211,000 | $380,000 |
$69,000 | $161,000 |
| Black or African American |
6 | $1,467,000 |
$244,000 | $354,000 |
$86,000 | $100,000 |
| Hispanic |
9 | $2,050,000 |
$227,000 | $315,000 |
$46,000 | $75,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $347,000 |
$347,000 | $347,000 |
$85,000 | $85,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
21 | $5,854,000 |
$278,000 | $908,000 |
$107,000 | $270,000 |
| White |
402 | $83,835,000 |
$208,000 | $2,902,000 |
$90,000 | $720,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
414 | $86,865,000 |
$209,000 | $2,902,000 |
$90,000 | $720,000 |
| FHA-insured (Federal Housing Administration) |
28 | $6,627,000 |
$236,000 | $382,000 |
$80,000 | $183,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $2,392,000 |
$299,000 | $353,000 |
$92,000 | $140,000 |
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| Application Approved But Not Accepted |
7 | $1,625,000 |
$232,000 | $284,000 |
$73,000 | $112,000 |
| Application Denied By Financial Institution |
20 | $8,001,000 |
$400,000 | $2,902,000 |
$99,000 | $720,000 |
| Application Withdrawn By Applicant |
65 | $13,862,000 |
$213,000 | $965,000 |
$88,000 | $263,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
358 | $72,396,000 |
$202,000 | $908,000 |
$89,000 | $525,000 |
| 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 |
3 | $694,000 |
$231,000 | $369,000 |
$70,000 | $89,000 |
| Credit Application Incomplete |
1 | $184,000 |
$184,000 | $184,000 |
$57,000 | $57,000 |
| Credit History |
2 | $957,000 |
$478,000 | $864,000 |
$12,000 | $25,000 |
| Debt-To-Income Ratio |
6 | $1,337,000 |
$222,000 | $315,000 |
$65,000 | $86,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $523,000 |
$261,000 | $355,000 |
$72,000 | $105,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $4,306,000 |
$717,000 | $2,902,000 |
$193,000 | $720,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CMV HOME LOANS by:
Metropolitan Area And
County
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