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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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CROSS ISLAND CAPITAL
Mortgage Loans and Application Details
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| Mortgage Company Name |
CROSS ISLAND CAPITAL |
| Address | 199 JERICHO TURNPIKE, STE 101
FLORAL PARK, NY 11001 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 310 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $66,813,000 |
| Average Mortgage Loan Amount Applied For | $236,461 |
| Highest Mortgage Loan Amount Applied For | $738,000 |
| Average Applicant Income | $90,692 |
| Highest Applicant Income | $450,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
309 | $66,703,000 |
$215,000 | $738,000 |
$75,000 | $450,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
1 | $110,000 |
$110,000 | $110,000 |
$56,000 | $56,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
7 | $1,015,000 |
$145,000 | $248,000 |
$35,000 | $87,000 |
| Black |
139 | $29,472,000 |
$212,000 | $480,000 |
$64,000 | $140,000 |
| Hispanic |
50 | $11,156,000 |
$223,000 | $499,000 |
$67,000 | $300,000 |
| Information not provided by applicant in mail or telephone application |
12 | $2,023,000 |
$168,000 | $369,000 |
$88,000 | $406,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $254,000 |
$254,000 | $254,000 |
$104,000 | $104,000 |
| White |
101 | $22,893,000 |
$226,000 | $738,000 |
$90,000 | $450,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
212 | $44,551,000 |
$210,000 | $738,000 |
$79,000 | $450,000 |
| FHA-insured (Federal Housing Administration) |
98 | $22,262,000 |
$227,000 | $356,000 |
$64,000 | $142,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
9 | $1,948,000 |
$216,000 | $354,000 |
$135,000 | $300,000 |
| Application Withdrawn By Applicant |
87 | $18,378,000 |
$211,000 | $499,000 |
$70,000 | $406,000 |
| File Closed For Incompleteness |
10 | $2,155,000 |
$215,000 | $405,000 |
$54,000 | $97,000 |
| Loan Originated |
204 | $44,332,000 |
$217,000 | $738,000 |
$73,000 | $450,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $442,000 |
$221,000 | $242,000 |
$160,000 | $252,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $212,000 |
$212,000 | $212,000 |
$45,000 | $45,000 |
| Debt-To-Income Ratio |
2 | $369,000 |
$184,000 | $295,000 |
$92,000 | $94,000 |
| 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 |
4 | $925,000 |
$231,000 | $354,000 |
$163,000 | $300,000 |
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Mortgage Loan App Totals for CROSS ISLAND CAPITAL by:
Metropolitan Area And
County
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