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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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CONSOLIDATED MORTGAGE SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
CONSOLIDATED MORTGAGE SERVICES |
| Address | 2300 CROWN COLONY DRIVE SUITE 203
QUINCY, MA 02169 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 378 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $88,768,000 |
| Average Mortgage Loan Amount Applied For | $228,000 |
| Highest Mortgage Loan Amount Applied For | $1,100,000 |
| Average Applicant Income | $87,666 |
| Highest Applicant Income | $350,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
124 | $29,295,000 |
$251,000 | $535,000 |
$70,000 | $304,000 |
| Refinancing |
256 | $60,007,000 |
$234,000 | $1,100,000 |
$91,000 | $350,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $334,000 |
$334,000 | $334,000 |
$75,000 | $75,000 |
| Black or African American |
15 | $3,005,000 |
$200,000 | $326,000 |
$77,000 | $122,000 |
| Hispanic |
2 | $266,000 |
$133,000 | $170,000 |
$72,000 | $82,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
24 | $5,015,000 |
$208,000 | $465,000 |
$90,000 | $237,000 |
| White |
338 | $80,682,000 |
$219,000 | $1,100,000 |
$66,000 | $350,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
379 | $89,178,000 |
$251,000 | $1,100,000 |
$73,000 | $350,000 |
| FHA-insured (Federal Housing Administration) |
1 | $124,000 |
$124,000 | $124,000 |
$42,000 | $42,000 |
| 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 |
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| Application Approved But Not Accepted |
5 | $1,082,000 |
$260,500 | $341,000 |
$88,000 | $113,000 |
| Application Denied By Financial Institution |
3 | $662,000 |
$220,000 | $336,000 |
$60,000 | $73,000 |
| Application Withdrawn By Applicant |
8 | $2,823,000 |
$287,000 | $1,100,000 |
$72,000 | $250,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
364 | $84,735,000 |
$232,000 | $693,000 |
$85,000 | $350,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $336,000 |
$336,000 | $336,000 |
$62,000 | $62,000 |
| 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 |
2 | $326,000 |
$163,000 | $298,000 |
$60,000 | $73,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CONSOLIDATED MORTGAGE SERVICES by:
Metropolitan Area And
County
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