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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 TRUST MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
CONTINENTAL TRUST MORTGAGE |
| Address | 5835 BLUE LAGOON DRIVE
MIAMI, FL 33126 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 575 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $118,629,000 |
| Average Mortgage Loan Amount Applied For | $279,000 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $96,500 |
| Highest Applicant Income | $448,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
569 | $117,179,000 |
$205,000 | $900,000 |
$76,000 | $448,000 |
| Refinancing |
6 | $1,450,000 |
$241,000 | $480,000 |
$80,000 | $280,000 |
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| American Indian or Alaskan Native |
1 | $572,000 |
$572,000 | $572,000 |
$0 | $0 |
| Asian |
19 | $6,167,000 |
$324,000 | $750,000 |
$98,000 | $352,000 |
| Black or African American |
36 | $8,946,000 |
$248,000 | $650,000 |
$82,000 | $294,000 |
| Hispanic |
448 | $87,584,000 |
$195,000 | $900,000 |
$70,000 | $396,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $851,000 |
$121,000 | $220,000 |
$102,000 | $138,000 |
| White |
64 | $14,509,000 |
$226,000 | $647,000 |
$106,000 | $448,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
573 | $118,235,000 |
$206,000 | $900,000 |
$76,000 | $448,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $394,000 |
$197,000 | $263,000 |
$29,000 | $58,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
3 | $435,000 |
$145,000 | $266,000 |
$31,000 | $93,000 |
| Application Denied By Financial Institution |
4 | $1,019,000 |
$254,000 | $287,000 |
$25,000 | $48,000 |
| Application Withdrawn By Applicant |
274 | $63,906,000 |
$233,000 | $738,000 |
$72,000 | $443,000 |
| File Closed For Incompleteness |
2 | $606,000 |
$303,000 | $456,000 |
$150,000 | $300,000 |
| Loan Originated |
292 | $52,663,000 |
$180,000 | $900,000 |
$80,000 | $448,000 |
| 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 |
3 | $732,000 |
$244,000 | $278,000 |
$17,000 | $29,000 |
| Debt-To-Income Ratio |
1 | $287,000 |
$287,000 | $287,000 |
$48,000 | $48,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CONTINENTAL TRUST MORTGAGE by:
Metropolitan Area And
County
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