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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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EMBASSY MORTGAGE INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
EMBASSY MORTGAGE INC |
| Address | 8807 COLESVILLE RD 4TH FLOOR
SILVER SPRING, MD 20910 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 440 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $87,469,000 |
| Average Mortgage Loan Amount Applied For | $154,305 |
| Highest Mortgage Loan Amount Applied For | $840,000 |
| Average Applicant Income | $106,055 |
| Highest Applicant Income | $1,566,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
289 | $53,466,000 |
$185,000 | $568,000 |
$71,000 | $384,000 |
| Refinancing |
151 | $34,003,000 |
$225,000 | $840,000 |
$83,000 | $1,566,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $230,000 |
$230,000 | $230,000 |
$0 | $0 |
| Black or African American |
32 | $4,640,000 |
$145,000 | $320,000 |
$64,000 | $180,000 |
| Hispanic |
356 | $73,897,000 |
$207,000 | $840,000 |
$76,000 | $1,566,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
14 | $2,333,000 |
$166,000 | $480,000 |
$87,000 | $161,000 |
| White |
37 | $6,369,000 |
$172,000 | $442,000 |
$78,000 | $313,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
440 | $87,469,000 |
$198,000 | $840,000 |
$75,000 | $1,566,000 |
| 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 |
4 | $512,000 |
$128,000 | $324,000 |
$23,000 | $69,000 |
| Application Denied By Financial Institution |
5 | $756,000 |
$151,000 | $264,000 |
$64,000 | $130,000 |
| Application Withdrawn By Applicant |
18 | $3,928,000 |
$218,000 | $840,000 |
$75,000 | $378,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
413 | $82,273,000 |
$199,000 | $690,000 |
$76,000 | $1,566,000 |
| 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) |
1 | $56,000 |
$56,000 | $56,000 |
$22,000 | $22,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $134,000 |
$134,000 | $134,000 |
$0 | $0 |
| Unverifiable Information |
2 | $480,000 |
$240,000 | $264,000 |
$106,000 | $130,000 |
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Mortgage Loan App Totals for EMBASSY MORTGAGE INC by:
Metropolitan Area And
County
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