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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 MORTGAGE BANKERS LTD.
Mortgage Loans and Application Details
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| Mortgage Company Name |
DYNAMIC MORTGAGE BANKERS LTD. |
| Address | 1025 OLD COUNTRY ROAD, SUITE 304
WESTBURY, NY 11590 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 126 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $34,941,000 |
| Average Mortgage Loan Amount Applied For | $235,730 |
| Highest Mortgage Loan Amount Applied For | $826,000 |
| Average Applicant Income | $118,230 |
| Highest Applicant Income | $660,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
48 | $11,813,000 |
$246,000 | $1,238,000 |
$104,000 | $1,080,000 |
| Refinancing |
117 | $38,565,000 |
$329,000 | $2,210,000 |
$121,000 | $660,000 |
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| American Indian or Alaskan Native |
6 | $1,680,000 |
$280,000 | $520,000 |
$112,000 | $185,000 |
| Asian |
2 | $572,000 |
$286,000 | $322,000 |
$98,000 | $119,000 |
| Black or African American |
47 | $13,552,000 |
$288,000 | $770,000 |
$96,000 | $336,000 |
| Hispanic |
35 | $9,756,000 |
$278,000 | $462,000 |
$87,000 | $168,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $1,356,000 |
$452,000 | $585,000 |
$187,000 | $344,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,992,000 |
$249,000 | $700,000 |
$84,000 | $240,000 |
| White |
64 | $21,470,000 |
$335,000 | $2,210,000 |
$148,000 | $1,080,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
157 | $48,560,000 |
$309,000 | $2,210,000 |
$118,000 | $1,080,000 |
| FHA-insured (Federal Housing Administration) |
8 | $1,818,000 |
$227,000 | $350,000 |
$75,000 | $103,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
16 | $7,473,000 |
$467,000 | $1,238,000 |
$204,000 | $1,080,000 |
| Application Withdrawn By Applicant |
26 | $9,518,000 |
$366,000 | $2,210,000 |
$115,000 | $607,000 |
| File Closed For Incompleteness |
1 | $82,000 |
$82,000 | $82,000 |
$54,000 | $54,000 |
| Loan Originated |
122 | $33,305,000 |
$272,000 | $826,000 |
$105,000 | $660,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 MORTGAGE BANKERS LTD. by:
Metropolitan Area And
County
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