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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 BROADHOLLOW ROAD 2ND FLOOR EAST
MELVILLE, NY 11747 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 5,999 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $819,695,000 |
| Average Mortgage Loan Amount Applied For | $80,794 |
| Highest Mortgage Loan Amount Applied For | $3,315,000 |
| Average Applicant Income | $61,052 |
| Highest Applicant Income | $3,259,000 |
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| Home Improvement (one-to-four family) |
1,006 | $11,010,000 |
$9,617 | $225,000 |
$46,911 | $240,000 |
| Home Purchase (one-to-four family) |
1,582 | $285,184,000 |
$192,380 | $1,000,000 |
$68,904 | $707,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
3,415 | $523,747,000 |
$118,833 | $3,315,000 |
$78,541 | $3,259,000 |
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| American Indian or Alaskan Native |
16 | $2,513,000 |
$138,000 | $322,000 |
$79,888 | $197,000 |
| Asian or Pacific Islander |
92 | $16,181,000 |
$140,857 | $498,000 |
$72,142 | $383,000 |
| Black |
727 | $79,345,000 |
$49,153 | $960,000 |
$48,923 | $216,000 |
| Hispanic |
644 | $84,033,000 |
$93,840 | $1,000,000 |
$64,440 | $346,000 |
| Information not provided by applicant in mail or telephone application |
289 | $45,803,000 |
$135,764 | $854,000 |
$75,558 | $281,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
121 | $25,287,000 |
$122,625 | $630,000 |
$54,500 | $157,000 |
| White |
4,114 | $566,779,000 |
$87,826 | $3,315,000 |
$72,021 | $3,259,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,844 | $647,331,000 |
$90,312 | $3,315,000 |
$69,708 | $3,259,000 |
| FHA-insured (Federal Housing Administration) |
1,084 | $161,627,000 |
$128,090 | $466,000 |
$40,090 | $208,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
75 | $10,983,000 |
$161,500 | $239,000 |
$48,250 | $120,000 |
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| Application Approved But Not Accepted |
537 | $48,920,000 |
$66,756 | $641,000 |
$64,486 | $245,000 |
| Application Denied By Financial Institution |
595 | $23,306,000 |
$38,638 | $876,000 |
$50,000 | $213,000 |
| Application Withdrawn By Applicant |
751 | $110,070,000 |
$114,222 | $960,000 |
$63,250 | $3,259,000 |
| File Closed For Incompleteness |
73 | $8,711,000 |
$117,909 | $315,000 |
$48,090 | $183,000 |
| Loan Originated |
4,047 | $628,934,000 |
$107,659 | $3,315,000 |
$72,638 | $1,113,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
26 | $3,244,000 |
$128,555 | $399,000 |
$85,555 | $206,000 |
| Credit Application Incomplete |
2 | $209,000 |
$104,500 | $194,000 |
$21,500 | $43,000 |
| Credit History |
377 | $9,726,000 |
$16,806 | $876,000 |
$46,258 | $200,000 |
| Debt-To-Income Ratio |
151 | $7,007,000 |
$43,769 | $477,000 |
$42,076 | $213,000 |
| Employment History |
5 | $319,000 |
$48,000 | $151,000 |
$47,000 | $104,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $137,000 |
$137,000 | $137,000 |
$58,000 | $58,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
30 | $2,258,000 |
$58,750 | $293,000 |
$48,416 | $150,000 |
| Unverifiable Information |
3 | $406,000 |
$135,333 | $217,000 |
$55,333 | $71,000 |
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Mortgage Loan App Totals for CONTINENTAL CAPITAL CORP by:
Metropolitan Area And
County
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