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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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CRESCENT MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
CRESCENT MORTGAGE COMPANY |
| Address | 115 PERIMETER CENTER PLACE STE 285
ATLANTA, GA 30346 |
| Agency | Federal Reserve System (FRS) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 15,359 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,414,306,000 |
| Average Mortgage Loan Amount Applied For | $135,633 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $71,917 |
| Highest Applicant Income | $1,984,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
6,648 | $1,034,218,000 |
$152,689 | $1,000,000 |
$74,896 | $1,973,000 |
| Refinancing |
8,711 | $1,380,088,000 |
$149,032 | $3,000,000 |
$75,064 | $1,984,000 |
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| American Indian or Alaskan Native |
17 | $2,858,000 |
$175,000 | $280,000 |
$93,444 | $226,000 |
| Asian |
376 | $75,243,000 |
$181,260 | $1,000,000 |
$82,217 | $388,000 |
| Black or African American |
662 | $94,230,000 |
$139,346 | $500,000 |
$60,461 | $1,539,000 |
| Hispanic |
315 | $50,467,000 |
$163,550 | $500,000 |
$70,800 | $1,900,000 |
| Native Hawaiin or Other Pacific Islander |
19 | $3,153,000 |
$141,111 | $360,000 |
$53,777 | $154,000 |
| Not applicable |
19 | $3,768,000 |
$197,750 | $584,000 |
$113,166 | $616,000 |
| Not Provided |
1,221 | $204,996,000 |
$152,285 | $3,000,000 |
$89,714 | $1,781,000 |
| White |
12,730 | $1,979,591,000 |
$150,741 | $2,000,000 |
$73,935 | $1,984,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
14,643 | $2,318,215,000 |
$149,838 | $3,000,000 |
$76,032 | $1,984,000 |
| FHA-insured (Federal Housing Administration) |
564 | $73,926,000 |
$137,727 | $507,000 |
$43,954 | $287,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
6 | $1,202,000 |
$200,333 | $424,000 |
$47,000 | $82,000 |
| VA-guaranteed (Veterans Administration) |
146 | $20,963,000 |
$150,470 | $292,000 |
$48,882 | $149,000 |
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| Application Approved But Not Accepted |
1,677 | $290,893,000 |
$167,400 | $3,000,000 |
$76,166 | $1,900,000 |
| Application Denied By Financial Institution |
1,503 | $246,249,000 |
$162,964 | $2,000,000 |
$75,142 | $1,872,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
1 | $83,000 |
$83,000 | $83,000 |
$40,000 | $40,000 |
| Loan Originated |
11,151 | $1,739,728,000 |
$148,600 | $1,000,000 |
$74,433 | $1,984,000 |
| Loan Purchased By The Institution |
1,027 | $137,353,000 |
$136,157 | $1,260,000 |
$74,105 | $1,973,000 |
| 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 |
305 | $50,221,000 |
$164,962 | $2,000,000 |
$91,074 | $1,706,000 |
| Credit Application Incomplete |
31 | $6,186,000 |
$183,400 | $600,000 |
$91,400 | $1,325,000 |
| Credit History |
579 | $86,062,000 |
$160,178 | $1,000,000 |
$67,428 | $1,872,000 |
| Debt-To-Income Ratio |
125 | $22,461,000 |
$191,173 | $488,000 |
$50,565 | $130,000 |
| Employment History |
26 | $4,219,000 |
$150,214 | $400,000 |
$58,071 | $181,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
153 | $25,257,000 |
$173,560 | $650,000 |
$84,320 | $1,083,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
282 | $51,396,000 |
$168,166 | $710,000 |
$85,916 | $1,690,000 |
| Unverifiable Information |
2 | $447,000 |
$223,500 | $258,000 |
$56,500 | $58,000 |
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Mortgage Loan App Totals for CRESCENT MORTGAGE COMPANY by:
Metropolitan Area And
County
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