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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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DECISION ONE MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
DECISION ONE MORTGAGE |
| Address | 6060 J.A. JONES DRIVE
CHARLOTTE, NC 28287 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 142,204 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,021,176,000 |
| Average Mortgage Loan Amount Applied For | $105,659 |
| Highest Mortgage Loan Amount Applied For | $850,000 |
| Average Applicant Income | $47,287 |
| Highest Applicant Income | $1,196,000 |
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| Home Improvement |
15 | $1,786,000 |
$137,400 | $251,000 |
$34,100 | $82,000 |
| Home Purchase |
79,376 | $9,499,610,000 |
$105,583 | $960,000 |
$51,541 | $1,300,000 |
| Refinancing |
77,959 | $11,602,758,000 |
$135,687 | $850,000 |
$54,812 | $1,196,000 |
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| American Indian or Alaskan Native |
482 | $65,644,000 |
$117,209 | $563,000 |
$53,930 | $263,000 |
| Asian |
3,174 | $610,156,000 |
$138,782 | $750,000 |
$63,978 | $900,000 |
| Black or African American |
18,547 | $2,310,078,000 |
$122,979 | $960,000 |
$57,916 | $1,044,000 |
| Hispanic |
19,395 | $2,942,977,000 |
$117,425 | $750,000 |
$52,595 | $1,176,000 |
| Native Hawaiin or Other Pacific Islander |
755 | $135,766,000 |
$140,810 | $750,000 |
$65,054 | $360,000 |
| Not applicable |
20,257 | $2,292,558,000 |
$123,723 | $681,000 |
$33,893 | $264,000 |
| Not Provided |
21,453 | $3,235,535,000 |
$133,224 | $750,000 |
$61,591 | $1,008,000 |
| White |
73,287 | $9,511,440,000 |
$123,122 | $850,000 |
$59,183 | $1,300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
157,347 | $21,103,766,000 |
$122,530 | $960,000 |
$53,346 | $1,300,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $271,000 |
$135,500 | $217,000 |
$48,000 | $64,000 |
| VA-guaranteed (Veterans Administration) |
1 | $117,000 |
$117,000 | $117,000 |
$50,000 | $50,000 |
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| Application Approved But Not Accepted |
17,281 | $2,486,115,000 |
$136,531 | $750,000 |
$59,680 | $1,093,000 |
| Application Denied By Financial Institution |
20,810 | $3,238,687,000 |
$138,312 | $850,000 |
$61,145 | $1,008,000 |
| Application Withdrawn By Applicant |
6,413 | $1,001,517,000 |
$135,437 | $800,000 |
$61,083 | $996,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
70,852 | $9,124,911,000 |
$116,297 | $785,000 |
$56,765 | $1,196,000 |
| Loan Purchased By The Institution |
26,848 | $3,169,946,000 |
$119,895 | $750,000 |
$43,562 | $882,000 |
| Preapproval Approved but not Accepted |
11,308 | $1,430,757,000 |
$126,000 | $960,000 |
$63,000 | $1,300,000 |
| Preapproval Denied by Financial Institution |
3,838 | $652,221,000 |
$169,000 | $780,000 |
$71,000 | $1,176,000 |
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| Collateral |
674 | $96,267,000 |
$150,756 | $682,000 |
$63,292 | $456,000 |
| Credit Application Incomplete |
2,298 | $500,005,000 |
$159,042 | $780,000 |
$71,063 | $906,000 |
| Credit History |
1,211 | $181,867,000 |
$143,441 | $780,000 |
$56,395 | $608,000 |
| Debt-To-Income Ratio |
474 | $66,259,000 |
$134,000 | $660,000 |
$45,513 | $241,000 |
| Employment History |
253 | $41,385,000 |
$160,166 | $720,000 |
$66,500 | $360,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $545,000 |
$272,000 | $324,000 |
$79,000 | $89,000 |
| Mortgage Insurance Denied |
3 | $377,000 |
$125,000 | $300,000 |
$324,000 | $588,000 |
| Other |
19,516 | $2,971,653,000 |
$135,291 | $850,000 |
$62,125 | $1,176,000 |
| Unverifiable Information |
217 | $32,550,000 |
$134,645 | $563,000 |
$62,645 | $868,000 |
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Mortgage Loan App Totals for DECISION ONE MORTGAGE by:
Metropolitan Area And
County
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