|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
COLUMBIA EQUITIES, LTD.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
COLUMBIA EQUITIES, LTD. |
| Address | 400 Columbus Avenue
Valhalla, NY 10595 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 2,235 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $496,407,000 |
| Average Mortgage Loan Amount Applied For | $182,758 |
| Highest Mortgage Loan Amount Applied For | $1,730,000 |
| Average Applicant Income | $87,655 |
| Highest Applicant Income | $1,641,000 |
|
|
|
| Home Improvement (one-to-four family) |
1 | $280,000 |
$280,000 | $280,000 |
$104,000 | $104,000 |
| Home Purchase (one-to-four family) |
1,608 | $368,897,000 |
$187,833 | $1,097,000 |
$98,416 | $1,641,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
1 | $170,000 |
$170,000 | $170,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
784 | $163,894,000 |
$148,909 | $1,730,000 |
$97,818 | $1,072,000 |
|
|
| American Indian or Alaskan Native |
4 | $495,000 |
$98,500 | $216,000 |
$58,500 | $88,000 |
| Asian or Pacific Islander |
49 | $12,073,000 |
$190,400 | $1,097,000 |
$101,800 | $597,000 |
| Black |
170 | $38,172,000 |
$180,666 | $555,000 |
$46,833 | $272,000 |
| Hispanic |
220 | $48,198,000 |
$203,750 | $554,000 |
$78,750 | $317,000 |
| Information not provided by applicant in mail or telephone application |
409 | $89,799,000 |
$171,500 | $680,000 |
$80,750 | $1,641,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
23 | $5,596,000 |
$246,666 | $477,000 |
$101,000 | $262,000 |
| White |
1,519 | $338,908,000 |
$172,357 | $1,730,000 |
$106,428 | $1,072,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,257 | $503,313,000 |
$162,800 | $1,730,000 |
$104,000 | $1,641,000 |
| FHA-insured (Federal Housing Administration) |
137 | $29,928,000 |
$200,500 | $356,000 |
$71,250 | $272,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
8 | $1,838,000 |
$194,500 | $425,000 |
$168,500 | $341,000 |
| Application Denied By Financial Institution |
77 | $18,005,000 |
$204,200 | $956,000 |
$137,800 | $505,000 |
| Application Withdrawn By Applicant |
250 | $62,091,000 |
$205,000 | $1,730,000 |
$95,666 | $1,072,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,059 | $451,307,000 |
$167,571 | $1,500,000 |
$89,142 | $1,641,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
19 | $5,031,000 |
$219,800 | $555,000 |
$152,800 | $340,000 |
| Credit Application Incomplete |
5 | $1,475,000 |
$257,500 | $385,000 |
$78,500 | $145,000 |
| Credit History |
16 | $2,958,000 |
$229,000 | $460,000 |
$127,666 | $505,000 |
| Debt-To-Income Ratio |
10 | $2,158,000 |
$165,333 | $638,000 |
$103,333 | $331,000 |
| Employment History |
1 | $280,000 |
$280,000 | $280,000 |
$104,000 | $104,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $1,669,000 |
$569,000 | $956,000 |
$173,000 | $274,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
18 | $3,211,000 |
$206,000 | $500,000 |
$102,333 | $272,000 |
| Unverifiable Information |
5 | $1,223,000 |
$223,666 | $385,000 |
$83,666 | $127,000 |
|
Mortgage Loan App Totals for COLUMBIA EQUITIES, LTD. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
