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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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FIRST LINCOLN MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST LINCOLN MORTGAGE CORP. |
| Address | 144 MEDFORD AVENUE
PATCHOGUE, NY 11772 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,040 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $295,903,000 |
| Average Mortgage Loan Amount Applied For | $300,264 |
| Highest Mortgage Loan Amount Applied For | $3,705,000 |
| Average Applicant Income | $135,811 |
| Highest Applicant Income | $2,100,000 |
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| Home Improvement |
1 | $152,000 |
$152,000 | $152,000 |
$46,000 | $46,000 |
| Home Purchase |
577 | $154,387,000 |
$267,000 | $3,000,000 |
$145,000 | $2,100,000 |
| Refinancing |
462 | $141,364,000 |
$305,000 | $3,705,000 |
$117,000 | $1,560,000 |
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| American Indian or Alaskan Native |
2 | $934,000 |
$467,000 | $593,000 |
$115,000 | $150,000 |
| Asian |
22 | $5,736,000 |
$260,000 | $576,000 |
$136,000 | $357,000 |
| Black or African American |
303 | $86,248,000 |
$284,000 | $1,436,000 |
$113,000 | $473,000 |
| Hispanic |
356 | $96,837,000 |
$272,000 | $1,231,000 |
$114,000 | $1,560,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $1,781,000 |
$254,000 | $441,000 |
$117,000 | $144,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $6,394,000 |
$581,000 | $3,705,000 |
$178,000 | $874,000 |
| White |
339 | $97,973,000 |
$289,000 | $3,000,000 |
$167,000 | $2,100,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
999 | $283,948,000 |
$284,000 | $3,705,000 |
$135,000 | $2,100,000 |
| FHA-insured (Federal Housing Administration) |
40 | $11,629,000 |
$290,000 | $370,000 |
$70,000 | $156,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $326,000 |
$326,000 | $326,000 |
$74,000 | $74,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
4 | $1,345,000 |
$336,000 | $551,000 |
$450,000 | $1,560,000 |
| Application Withdrawn By Applicant |
253 | $70,585,000 |
$278,000 | $2,762,000 |
$137,000 | $2,100,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
783 | $223,973,000 |
$286,000 | $3,705,000 |
$129,000 | $2,074,000 |
| 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 FIRST LINCOLN MORTGAGE CORP. by:
Metropolitan Area And
County
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