|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
DOVER MORTGAGE COMPANY
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
DOVER MORTGAGE COMPANY |
| Address | 701 E. MOREHEAD ST.
CHARLOTTE, NC 28269 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 3,066 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $424,776,000 |
| Average Mortgage Loan Amount Applied For | $143,976 |
| Highest Mortgage Loan Amount Applied For | $1,300,000 |
| Average Applicant Income | $86,616 |
| Highest Applicant Income | $967,000 |
|
|
|
| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
1,256 | $163,539,000 |
$236,000 | $1,250,000 |
$144,200 | $794,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
1,810 | $261,237,000 |
$136,333 | $1,300,000 |
$79,000 | $967,000 |
|
|
| American Indian or Alaskan Native |
6 | $631,000 |
$105,000 | $150,000 |
$81,000 | $213,000 |
| Asian or Pacific Islander |
19 | $2,509,000 |
$132,000 | $323,000 |
$102,000 | $335,000 |
| Black |
165 | $19,734,000 |
$105,000 | $323,000 |
$59,000 | $220,000 |
| Hispanic |
110 | $12,149,000 |
$127,500 | $301,000 |
$86,000 | $198,000 |
| Information not provided by applicant in mail or telephone application |
37 | $5,506,000 |
$148,000 | $575,000 |
$87,000 | $656,000 |
| Not applicable |
2 | $419,000 |
$209,000 | $323,000 |
$370,000 | $656,000 |
| Other |
11 | $1,315,000 |
$119,000 | $285,000 |
$40,000 | $77,000 |
| White |
2,716 | $382,513,000 |
$238,200 | $1,300,000 |
$148,200 | $967,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,281 | $334,190,000 |
$234,600 | $1,300,000 |
$157,000 | $967,000 |
| FHA-insured (Federal Housing Administration) |
586 | $65,212,000 |
$143,333 | $215,000 |
$52,666 | $335,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
45 | $5,013,000 |
$133,000 | $204,000 |
$44,000 | $185,000 |
| VA-guaranteed (Veterans Administration) |
154 | $20,361,000 |
$156,500 | $300,000 |
$48,000 | $115,000 |
|
|
| Application Approved But Not Accepted |
2 | $226,000 |
$113,000 | $116,000 |
$49,000 | $56,000 |
| Application Denied By Financial Institution |
53 | $7,299,000 |
$132,500 | $568,000 |
$57,500 | $462,000 |
| Application Withdrawn By Applicant |
231 | $31,850,000 |
$123,500 | $1,300,000 |
$54,500 | $967,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,780 | $385,401,000 |
$237,800 | $1,250,000 |
$149,600 | $857,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
3 | $312,000 |
$104,000 | $182,000 |
$49,000 | $75,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
35 | $4,705,000 |
$130,500 | $323,000 |
$49,500 | $140,000 |
| Debt-To-Income Ratio |
1 | $82,000 |
$82,000 | $82,000 |
$16,000 | $16,000 |
| Employment History |
6 | $766,000 |
$127,000 | $142,000 |
$30,000 | $48,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $1,434,000 |
$179,000 | $568,000 |
$134,000 | $462,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for DOVER MORTGAGE COMPANY by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
