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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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COASTAL CAPITAL CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
COASTAL CAPITAL CORP |
| Address | 1 PLAZA ROAD
GREENVALE, NY 11548 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 6,573 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,422,988,000 |
| Average Mortgage Loan Amount Applied For | $166,519 |
| Highest Mortgage Loan Amount Applied For | $2,750,000 |
| Average Applicant Income | $61,951 |
| Highest Applicant Income | $1,324,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,816 | $393,745,000 |
$174,914 | $1,500,000 |
$86,828 | $999,000 |
| Refinancing |
4,757 | $1,029,243,000 |
$190,121 | $2,750,000 |
$59,634 | $1,324,000 |
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| American Indian or Alaskan Native |
19 | $4,025,000 |
$194,666 | $730,000 |
$94,555 | $261,000 |
| Asian |
128 | $33,158,000 |
$229,466 | $2,750,000 |
$114,800 | $642,000 |
| Black or African American |
856 | $153,794,000 |
$158,500 | $702,000 |
$57,250 | $331,000 |
| Hispanic |
440 | $106,823,000 |
$183,761 | $1,398,000 |
$64,380 | $436,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $2,281,000 |
$285,000 | $500,000 |
$81,500 | $227,000 |
| Not applicable |
13 | $3,459,000 |
$265,200 | $750,000 |
$23,600 | $102,000 |
| Not Provided |
1,772 | $391,438,000 |
$184,394 | $2,000,000 |
$37,763 | $780,000 |
| White |
3,337 | $728,010,000 |
$189,850 | $1,680,000 |
$82,725 | $1,324,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,415 | $1,398,232,000 |
$180,697 | $2,750,000 |
$64,488 | $1,324,000 |
| FHA-insured (Federal Housing Administration) |
126 | $18,426,000 |
$154,437 | $345,000 |
$38,562 | $141,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
32 | $6,330,000 |
$191,500 | $297,000 |
$55,666 | $137,000 |
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| Application Approved But Not Accepted |
260 | $63,674,000 |
$200,875 | $1,073,000 |
$70,666 | $532,000 |
| Application Denied By Financial Institution |
1,138 | $233,781,000 |
$180,447 | $2,750,000 |
$53,184 | $1,324,000 |
| Application Withdrawn By Applicant |
1,517 | $323,745,000 |
$182,742 | $2,000,000 |
$57,771 | $1,140,000 |
| File Closed For Incompleteness |
254 | $59,083,000 |
$179,615 | $1,000,000 |
$59,192 | $306,000 |
| Loan Originated |
3,397 | $741,848,000 |
$194,277 | $1,500,000 |
$87,805 | $999,000 |
| Loan Purchased By The Institution |
7 | $857,000 |
$123,400 | $200,000 |
$56,400 | $102,000 |
| 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 |
122 | $25,622,000 |
$200,695 | $770,000 |
$70,956 | $865,000 |
| Credit Application Incomplete |
8 | $1,661,000 |
$255,833 | $608,000 |
$64,333 | $165,000 |
| Credit History |
346 | $67,871,000 |
$173,178 | $1,680,000 |
$73,500 | $1,324,000 |
| Debt-To-Income Ratio |
196 | $40,805,000 |
$186,541 | $952,000 |
$69,166 | $720,000 |
| Employment History |
15 | $3,738,000 |
$261,000 | $542,000 |
$63,571 | $191,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
15 | $4,304,000 |
$322,090 | $1,008,000 |
$169,272 | $696,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
402 | $78,924,000 |
$164,142 | $2,750,000 |
$38,892 | $642,000 |
| Unverifiable Information |
34 | $10,856,000 |
$296,111 | $652,000 |
$79,333 | $540,000 |
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Mortgage Loan App Totals for COASTAL CAPITAL CORP by:
Metropolitan Area And
County
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