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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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CONTINENTAL CAPITAL CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
CONTINENTAL CAPITAL CORP |
| Address | 290 BROADWAY ROAD, SUITE 201
MELVILLE, NY 11747 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 1,320 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $260,700,000 |
| Average Mortgage Loan Amount Applied For | $194,877 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $91,700 |
| Highest Applicant Income | $894,000 |
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| Home Improvement |
1 | $320,000 |
$320,000 | $320,000 |
$102,000 | $102,000 |
| Home Purchase |
929 | $179,570,000 |
$199,000 | $1,000,000 |
$99,533 | $894,000 |
| Refinancing |
390 | $80,810,000 |
$233,650 | $1,000,000 |
$104,150 | $696,000 |
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| American Indian or Alaskan Native |
1 | $181,000 |
$181,000 | $181,000 |
$0 | $0 |
| Asian |
16 | $3,570,000 |
$174,000 | $833,000 |
$97,000 | $558,000 |
| Black or African American |
195 | $33,328,000 |
$141,700 | $1,000,000 |
$50,200 | $509,000 |
| Hispanic |
147 | $26,846,000 |
$157,000 | $523,000 |
$40,666 | $408,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $925,000 |
$178,000 | $291,000 |
$54,500 | $71,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6 | $1,139,000 |
$173,333 | $397,000 |
$54,333 | $237,000 |
| White |
950 | $194,711,000 |
$229,272 | $1,000,000 |
$123,136 | $894,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,160 | $234,913,000 |
$220,347 | $1,000,000 |
$120,043 | $894,000 |
| FHA-insured (Federal Housing Administration) |
143 | $22,921,000 |
$161,500 | $318,000 |
$27,375 | $158,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
17 | $2,866,000 |
$233,000 | $336,000 |
$61,000 | $100,000 |
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| Application Approved But Not Accepted |
71 | $15,455,000 |
$308,142 | $675,000 |
$130,714 | $400,000 |
| Application Denied By Financial Institution |
27 | $5,102,000 |
$219,000 | $687,000 |
$67,142 | $306,000 |
| Application Withdrawn By Applicant |
240 | $56,010,000 |
$180,100 | $1,000,000 |
$58,500 | $600,000 |
| File Closed For Incompleteness |
42 | $7,693,000 |
$189,428 | $553,000 |
$43,285 | $300,000 |
| Loan Originated |
940 | $176,440,000 |
$184,157 | $1,000,000 |
$128,789 | $894,000 |
| 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 |
9 | $1,548,000 |
$166,750 | $563,000 |
$90,000 | $306,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $1,372,000 |
$289,333 | $687,000 |
$95,333 | $235,000 |
| Debt-To-Income Ratio |
4 | $452,000 |
$146,000 | $213,000 |
$48,500 | $60,000 |
| Employment History |
4 | $664,000 |
$150,500 | $298,000 |
$48,500 | $87,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $1,066,000 |
$247,000 | $600,000 |
$41,666 | $102,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CONTINENTAL CAPITAL CORP by:
Metropolitan Area And
County
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