|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
DIRECTORS MORTGAGE INC
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
DIRECTORS MORTGAGE INC |
| Address | 4550 SW KRUSE WAY SUITE 275
LAKE OSWEGO, OR 97035 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 787 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $155,726,000 |
| Average Mortgage Loan Amount Applied For | $175,547 |
| Highest Mortgage Loan Amount Applied For | $1,410,000 |
| Average Applicant Income | $107,404 |
| Highest Applicant Income | $1,302,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
531 | $96,086,000 |
$180,000 | $1,017,000 |
$122,000 | $960,000 |
| Refinancing |
281 | $63,268,000 |
$225,000 | $1,410,000 |
$144,000 | $1,302,000 |
|
|
| American Indian or Alaskan Native |
14 | $3,485,000 |
$248,000 | $590,000 |
$151,000 | $223,000 |
| Asian |
43 | $7,309,000 |
$169,000 | $480,000 |
$102,000 | $270,000 |
| Black or African American |
21 | $3,183,000 |
$151,000 | $300,000 |
$84,000 | $179,000 |
| Hispanic |
33 | $5,444,000 |
$164,000 | $496,000 |
$75,000 | $273,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $2,070,000 |
$188,000 | $348,000 |
$200,000 | $568,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,251,000 |
$156,000 | $405,000 |
$63,000 | $150,000 |
| White |
682 | $136,612,000 |
$200,000 | $1,410,000 |
$135,000 | $1,302,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
812 | $159,354,000 |
$196,000 | $1,410,000 |
$130,000 | $1,302,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
|
|
| Application Approved But Not Accepted |
86 | $15,628,000 |
$181,000 | $850,000 |
$104,000 | $843,000 |
| Application Denied By Financial Institution |
43 | $7,481,000 |
$173,000 | $1,410,000 |
$170,000 | $1,302,000 |
| Application Withdrawn By Applicant |
53 | $11,438,000 |
$215,000 | $900,000 |
$132,000 | $705,000 |
| File Closed For Incompleteness |
1 | $250,000 |
$250,000 | $250,000 |
$80,000 | $80,000 |
| Loan Originated |
629 | $124,557,000 |
$198,000 | $1,017,000 |
$131,000 | $1,060,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
7 | $1,130,000 |
$161,000 | $400,000 |
$97,000 | $197,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $2,203,000 |
$244,000 | $1,410,000 |
$342,000 | $1,302,000 |
| Debt-To-Income Ratio |
4 | $691,000 |
$172,000 | $257,000 |
$98,000 | $118,000 |
| Employment History |
9 | $1,311,000 |
$145,000 | $335,000 |
$113,000 | $166,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $982,000 |
$196,000 | $560,000 |
$203,000 | $531,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for DIRECTORS MORTGAGE INC by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
