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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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DAVID MORTGAGE INC, DBA BARNAC
Mortgage Loans and Application Details
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| Mortgage Company Name |
DAVID MORTGAGE INC, DBA BARNAC |
| Address | 9155 GOVERNORS WAY, SUITE A
CINCINNATI, OH 45249 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| Data Years (click a year for detail) | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 549 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $73,315,000 |
| Average Mortgage Loan Amount Applied For | $137,074 |
| Highest Mortgage Loan Amount Applied For | $582,000 |
| Average Applicant Income | $66,703 |
| Highest Applicant Income | $495,000 |
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| Home Improvement |
1 | $32,000 |
$32,000 | $32,000 |
$56,000 | $56,000 |
| Home Purchase |
440 | $57,289,000 |
$140,800 | $582,000 |
$71,000 | $238,000 |
| Refinancing |
109 | $16,146,000 |
$144,333 | $420,000 |
$69,000 | $495,000 |
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| American Indian or Alaskan Native |
1 | $123,000 |
$123,000 | $123,000 |
$38,000 | $38,000 |
| Asian |
6 | $804,000 |
$134,000 | $257,000 |
$68,000 | $146,000 |
| Black or African American |
25 | $3,923,000 |
$156,000 | $420,000 |
$84,000 | $495,000 |
| Hispanic |
15 | $1,875,000 |
$125,000 | $162,000 |
$39,000 | $106,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $489,000 |
$244,000 | $334,000 |
$122,000 | $188,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
117 | $17,081,000 |
$154,000 | $582,000 |
$75,000 | $217,000 |
| White |
384 | $49,172,000 |
$133,750 | $500,000 |
$65,250 | $238,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
364 | $51,189,000 |
$143,400 | $582,000 |
$76,400 | $495,000 |
| FHA-insured (Federal Housing Administration) |
158 | $18,163,000 |
$123,666 | $188,000 |
$50,666 | $140,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
28 | $4,115,000 |
$152,000 | $282,000 |
$65,333 | $103,000 |
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| Application Approved But Not Accepted |
15 | $2,530,000 |
$186,000 | $321,000 |
$66,666 | $120,000 |
| Application Denied By Financial Institution |
67 | $8,756,000 |
$157,000 | $334,000 |
$63,666 | $188,000 |
| Application Withdrawn By Applicant |
40 | $5,864,000 |
$141,000 | $360,000 |
$59,000 | $223,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
427 | $56,165,000 |
$134,000 | $582,000 |
$73,500 | $495,000 |
| 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 |
1 | $152,000 |
$152,000 | $152,000 |
$79,000 | $79,000 |
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| Collateral |
3 | $275,000 |
$95,000 | $115,000 |
$34,000 | $64,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $965,000 |
$120,000 | $165,000 |
$50,000 | $141,000 |
| Debt-To-Income Ratio |
9 | $1,003,000 |
$111,000 | $239,000 |
$47,000 | $157,000 |
| 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 |
42 | $5,794,000 |
$166,000 | $334,000 |
$78,000 | $188,000 |
| Unverifiable Information |
1 | $64,000 |
$64,000 | $64,000 |
$23,000 | $23,000 |
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Mortgage Loan App Totals for DAVID MORTGAGE INC, DBA BARNAC by:
Metropolitan Area And
County
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