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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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DYNAMIC CAPITAL MORTGAGE, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
DYNAMIC CAPITAL MORTGAGE, INC |
| Address | 1371 BEACON STREET, SUITE 301
BROOKLINE, MA 02446 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,679 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $480,116,000 |
| Average Mortgage Loan Amount Applied For | $275,770 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $174,000 |
| Highest Applicant Income | $7,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
939 | $252,031,000 |
$268,000 | $1,715,000 |
$159,000 | $7,200,000 |
| Refinancing |
740 | $228,085,000 |
$308,000 | $2,000,000 |
$166,000 | $1,223,000 |
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| American Indian or Alaskan Native |
2 | $312,000 |
$156,000 | $192,000 |
$131,000 | $220,000 |
| Asian |
32 | $11,543,000 |
$360,000 | $1,480,000 |
$111,000 | $475,000 |
| Black or African American |
41 | $11,451,000 |
$279,000 | $1,190,000 |
$126,000 | $852,000 |
| Hispanic |
146 | $36,268,000 |
$248,000 | $1,050,000 |
$110,000 | $420,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $600,000 |
$600,000 | $600,000 |
$192,000 | $192,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,086 | $308,944,000 |
$284,000 | $2,000,000 |
$165,000 | $1,223,000 |
| White |
371 | $110,998,000 |
$299,000 | $1,500,000 |
$182,000 | $7,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,671 | $478,157,000 |
$286,000 | $2,000,000 |
$162,000 | $7,200,000 |
| FHA-insured (Federal Housing Administration) |
2 | $295,000 |
$147,000 | $165,000 |
$44,000 | $53,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
5 | $1,619,000 |
$323,000 | $700,000 |
$122,000 | $314,000 |
| VA-guaranteed (Veterans Administration) |
1 | $45,000 |
$45,000 | $45,000 |
$104,000 | $104,000 |
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| Application Approved But Not Accepted |
5 | $1,760,000 |
$352,000 | $630,000 |
$107,000 | $217,000 |
| Application Denied By Financial Institution |
6 | $1,240,000 |
$206,000 | $384,000 |
$65,000 | $150,000 |
| Application Withdrawn By Applicant |
155 | $43,613,000 |
$281,000 | $1,960,000 |
$136,000 | $1,131,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,513 | $433,503,000 |
$286,000 | $2,000,000 |
$165,000 | $7,200,000 |
| 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 |
2 | $335,000 |
$167,000 | $220,000 |
$41,000 | $57,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $134,000 |
$134,000 | $134,000 |
$30,000 | $30,000 |
| Debt-To-Income Ratio |
1 | $384,000 |
$384,000 | $384,000 |
$150,000 | $150,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for DYNAMIC CAPITAL MORTGAGE, INC by:
Metropolitan Area And
County
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