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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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DRAPER AND KRAMER MORTGAGE COR
Mortgage Loans and Application Details
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| Mortgage Company Name |
DRAPER AND KRAMER MORTGAGE COR |
| Address | 100 W. 22ND ST. STE. 101
LOBMARD, IL 60148 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 7,357 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,220,613,000 |
| Average Mortgage Loan Amount Applied For | $136,930 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $66,372 |
| Highest Applicant Income | $2,305,000 |
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| Home Improvement |
14 | $1,089,000 |
$77,000 | $150,000 |
$118,000 | $220,000 |
| Home Purchase |
4,563 | $686,986,000 |
$150,000 | $2,100,000 |
$76,000 | $2,305,000 |
| Refinancing |
3,027 | $577,393,000 |
$190,000 | $2,000,000 |
$76,000 | $900,000 |
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| American Indian or Alaskan Native |
20 | $2,732,000 |
$136,000 | $350,000 |
$58,000 | $147,000 |
| Asian |
211 | $50,132,000 |
$237,000 | $907,000 |
$105,000 | $490,000 |
| Black or African American |
347 | $55,598,000 |
$160,000 | $1,440,000 |
$70,000 | $1,020,000 |
| Hispanic |
544 | $95,038,000 |
$174,000 | $2,100,000 |
$72,000 | $732,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $1,802,000 |
$163,000 | $254,000 |
$69,000 | $131,000 |
| Not applicable |
2 | $237,000 |
$118,000 | $162,000 |
$35,000 | $55,000 |
| Not Provided |
423 | $67,737,000 |
$160,000 | $995,000 |
$25,000 | $615,000 |
| White |
6,046 | $992,192,000 |
$164,000 | $2,000,000 |
$79,000 | $2,305,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,237 | $1,071,759,000 |
$171,000 | $2,100,000 |
$81,000 | $2,305,000 |
| FHA-insured (Federal Housing Administration) |
1,210 | $165,877,000 |
$137,000 | $340,000 |
$51,000 | $194,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
6 | $1,053,000 |
$175,000 | $254,000 |
$63,000 | $118,000 |
| VA-guaranteed (Veterans Administration) |
151 | $26,779,000 |
$177,000 | $354,000 |
$61,000 | $166,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
580 | $95,185,000 |
$164,000 | $2,100,000 |
$37,000 | $732,000 |
| Application Withdrawn By Applicant |
280 | $59,514,000 |
$212,000 | $2,000,000 |
$102,000 | $1,020,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,027 | $214,828,000 |
$209,000 | $1,227,000 |
$103,000 | $1,185,000 |
| Loan Purchased By The Institution |
5,717 | $895,941,000 |
$156,000 | $1,500,000 |
$74,000 | $2,305,000 |
| 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 |
55 | $9,423,000 |
$171,000 | $600,000 |
$40,000 | $205,000 |
| Credit Application Incomplete |
4 | $4,470,000 |
$1,117,000 | $2,100,000 |
$366,000 | $732,000 |
| Credit History |
218 | $32,605,000 |
$149,000 | $1,120,000 |
$30,000 | $354,000 |
| Debt-To-Income Ratio |
164 | $25,549,000 |
$155,000 | $700,000 |
$29,000 | $174,000 |
| Employment History |
35 | $5,762,000 |
$164,000 | $385,000 |
$47,000 | $132,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $123,000 |
$61,000 | $78,000 |
$24,000 | $49,000 |
| Mortgage Insurance Denied |
2 | $134,000 |
$67,000 | $71,000 |
$20,000 | $41,000 |
| Other |
95 | $15,946,000 |
$167,000 | $1,440,000 |
$46,000 | $480,000 |
| Unverifiable Information |
3 | $848,000 |
$282,000 | $350,000 |
$59,000 | $102,000 |
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Mortgage Loan App Totals for DRAPER AND KRAMER MORTGAGE COR by:
Metropolitan Area And
County
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