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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 NLC, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST NLC, INC. |
| Address | 700 W. HILLSBORO BLVD., BLDG. 1, SUITE 2
DEERFIELD BEACH, FL 33441 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 125 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,254,000 |
| Average Mortgage Loan Amount Applied For | $98,407 |
| Highest Mortgage Loan Amount Applied For | $2,450,000 |
| Average Applicant Income | $87,148 |
| Highest Applicant Income | $600,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
63 | $5,508,000 |
$87,000 | $984,000 |
$92,000 | $438,000 |
| Refinancing |
62 | $13,746,000 |
$221,000 | $2,450,000 |
$126,000 | $600,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
10 | $2,351,000 |
$235,000 | $1,312,000 |
$185,000 | $420,000 |
| Black or African American |
14 | $622,000 |
$44,000 | $74,000 |
$61,000 | $94,000 |
| Hispanic |
8 | $958,000 |
$119,000 | $566,000 |
$47,000 | $78,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $655,000 |
$327,000 | $335,000 |
$101,000 | $154,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
14 | $1,711,000 |
$122,000 | $652,000 |
$86,000 | $222,000 |
| White |
77 | $12,957,000 |
$168,000 | $2,450,000 |
$118,000 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
125 | $19,254,000 |
$154,000 | $2,450,000 |
$109,000 | $600,000 |
| 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 |
42 | $9,716,000 |
$231,000 | $2,450,000 |
$134,000 | $524,000 |
| Application Denied By Financial Institution |
32 | $3,093,000 |
$96,000 | $652,000 |
$82,000 | $222,000 |
| Application Withdrawn By Applicant |
4 | $2,284,000 |
$571,000 | $1,950,000 |
$313,000 | $600,000 |
| File Closed For Incompleteness |
4 | $339,000 |
$84,000 | $177,000 |
$52,000 | $120,000 |
| Loan Originated |
37 | $3,485,000 |
$94,000 | $1,312,000 |
$90,000 | $420,000 |
| Loan Purchased By The Institution |
6 | $337,000 |
$56,000 | $74,000 |
$89,000 | $104,000 |
| 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 |
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 NLC, INC. by:
Metropolitan Area And
County
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