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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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DELTA FUNDING CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
DELTA FUNDING CORPORATION |
| Address | 1000 WOODBURY ROAD
WOODBURY, NY 11797 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 205,829 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $37,797,687,000 |
| Average Mortgage Loan Amount Applied For | $142,984 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $59,531 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement |
1,337 | $265,905,000 |
$198,000 | $1,000,000 |
$85,000 | $1,637,000 |
| Home Purchase |
10,079 | $1,868,078,000 |
$185,000 | $1,444,000 |
$85,000 | $1,992,000 |
| Refinancing |
194,435 | $35,667,822,000 |
$183,000 | $2,000,000 |
$67,000 | $6,000,000 |
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| American Indian or Alaskan Native |
160 | $32,667,000 |
$204,000 | $750,000 |
$82,000 | $612,000 |
| Asian |
299 | $78,982,000 |
$264,000 | $1,170,000 |
$116,000 | $1,233,000 |
| Black or African American |
13,339 | $2,391,951,000 |
$179,000 | $1,251,000 |
$76,000 | $3,174,000 |
| Hispanic |
4,448 | $1,070,335,000 |
$240,000 | $1,235,000 |
$93,000 | $1,050,000 |
| Native Hawaiin or Other Pacific Islander |
43 | $12,669,000 |
$294,000 | $959,000 |
$143,000 | $861,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
172,156 | $31,249,228,000 |
$181,000 | $2,000,000 |
$64,000 | $6,000,000 |
| White |
15,406 | $2,965,973,000 |
$192,000 | $1,500,000 |
$91,000 | $3,234,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
200,161 | $36,840,354,000 |
$184,000 | $2,000,000 |
$68,000 | $6,000,000 |
| FHA-insured (Federal Housing Administration) |
5,690 | $961,451,000 |
$168,000 | $770,000 |
$62,000 | $1,590,000 |
| 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 |
21,156 | $4,123,951,000 |
$194,000 | $1,100,000 |
$83,000 | $3,234,000 |
| Application Denied By Financial Institution |
40,126 | $7,138,711,000 |
$177,000 | $1,625,000 |
$59,000 | $3,174,000 |
| Application Withdrawn By Applicant |
124,701 | $23,077,244,000 |
$185,000 | $2,000,000 |
$67,000 | $6,000,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
19,629 | $3,402,263,000 |
$173,000 | $1,170,000 |
$74,000 | $1,664,000 |
| Loan Purchased By The Institution |
239 | $59,636,000 |
$249,000 | $995,000 |
$95,000 | $660,000 |
| 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 |
8,803 | $1,532,361,000 |
$174,000 | $1,100,000 |
$68,000 | $3,174,000 |
| Credit Application Incomplete |
782 | $143,674,000 |
$183,000 | $1,050,000 |
$67,000 | $1,200,000 |
| Credit History |
13,725 | $2,399,915,000 |
$174,000 | $1,625,000 |
$53,000 | $1,740,000 |
| Debt-To-Income Ratio |
5,507 | $1,089,854,000 |
$197,000 | $1,112,000 |
$51,000 | $1,500,000 |
| Employment History |
111 | $18,630,000 |
$167,000 | $540,000 |
$44,000 | $160,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
632 | $113,822,000 |
$180,000 | $1,170,000 |
$65,000 | $1,560,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
9,578 | $1,662,815,000 |
$173,000 | $1,338,000 |
$62,000 | $1,657,000 |
| Unverifiable Information |
881 | $160,248,000 |
$181,000 | $1,200,000 |
$60,000 | $1,020,000 |
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Mortgage Loan App Totals for DELTA FUNDING CORPORATION by:
Metropolitan Area And
County
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