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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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DITECH.COM INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
DITECH.COM INC. |
| Address | 4 WALNUT GROVE DRIVE
HORSHAM, PA 19044 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,863 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $868,392,000 |
| Average Mortgage Loan Amount Applied For | $187,238 |
| Highest Mortgage Loan Amount Applied For | $4,700,000 |
| Average Applicant Income | $72,000 |
| Highest Applicant Income | $2,894,000 |
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| Home Improvement |
255 | $16,755,000 |
$65,000 | $510,000 |
$85,000 | $620,000 |
| Home Purchase |
460 | $108,068,000 |
$234,000 | $1,142,000 |
$87,000 | $1,140,000 |
| Refinancing |
3,148 | $743,569,000 |
$236,000 | $4,700,000 |
$77,000 | $2,894,000 |
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| American Indian or Alaskan Native |
27 | $6,456,000 |
$239,000 | $560,000 |
$61,000 | $129,000 |
| Asian |
95 | $26,497,000 |
$278,000 | $1,000,000 |
$94,000 | $1,140,000 |
| Black or African American |
139 | $35,877,000 |
$258,000 | $675,000 |
$65,000 | $240,000 |
| Hispanic |
167 | $39,855,000 |
$238,000 | $1,142,000 |
$71,000 | $840,000 |
| Native Hawaiin or Other Pacific Islander |
68 | $18,984,000 |
$279,000 | $756,000 |
$69,000 | $270,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,361 | $309,664,000 |
$227,000 | $1,200,000 |
$86,000 | $2,894,000 |
| White |
2,006 | $431,059,000 |
$214,000 | $4,700,000 |
$76,000 | $972,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,863 | $868,392,000 |
$224,000 | $4,700,000 |
$79,000 | $2,894,000 |
| 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 |
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| Application Approved But Not Accepted |
26 | $6,083,000 |
$233,000 | $509,000 |
$98,000 | $460,000 |
| Application Denied By Financial Institution |
1,895 | $436,052,000 |
$230,000 | $4,700,000 |
$73,000 | $2,894,000 |
| Application Withdrawn By Applicant |
869 | $193,479,000 |
$222,000 | $1,080,000 |
$84,000 | $840,000 |
| File Closed For Incompleteness |
814 | $180,886,000 |
$222,000 | $1,142,000 |
$84,000 | $1,140,000 |
| Loan Originated |
259 | $51,892,000 |
$200,000 | $799,000 |
$89,000 | $750,000 |
| 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 |
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| Collateral |
101 | $24,029,000 |
$237,000 | $706,000 |
$81,000 | $972,000 |
| Credit Application Incomplete |
90 | $18,455,000 |
$205,000 | $575,000 |
$89,000 | $972,000 |
| Credit History |
813 | $172,899,000 |
$212,000 | $4,700,000 |
$80,000 | $2,894,000 |
| Debt-To-Income Ratio |
480 | $123,733,000 |
$257,000 | $1,600,000 |
$56,000 | $737,000 |
| Employment History |
20 | $4,235,000 |
$211,000 | $410,000 |
$73,000 | $207,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
29 | $6,894,000 |
$237,000 | $522,000 |
$88,000 | $357,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
330 | $78,246,000 |
$237,000 | $3,500,000 |
$74,000 | $644,000 |
| Unverifiable Information |
31 | $7,439,000 |
$239,000 | $810,000 |
$65,000 | $173,000 |
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Mortgage Loan App Totals for DITECH.COM INC. by:
Metropolitan Area And
County
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