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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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GEORGE MASON MORTGAGE, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
GEORGE MASON MORTGAGE, LLC |
| Address | 4100 MONUMENT CORNER DRIVE#100
FAIRFAX, VA 22030 |
| Agency | Federal Reserve System (FRS) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 18,987 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,416,979,000 |
| Average Mortgage Loan Amount Applied For | $202,815 |
| Highest Mortgage Loan Amount Applied For | $1,635,000 |
| Average Applicant Income | $107,710 |
| Highest Applicant Income | $8,859,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
11,325 | $2,463,215,000 |
$210,916 | $1,635,000 |
$140,333 | $8,859,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
10,190 | $2,333,342,000 |
$234,833 | $1,295,000 |
$169,333 | $8,700,000 |
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| American Indian or Alaskan Native |
57 | $12,056,000 |
$215,000 | $608,000 |
$179,000 | $636,000 |
| Asian or Pacific Islander |
809 | $187,165,000 |
$210,000 | $1,500,000 |
$124,200 | $564,000 |
| Black |
863 | $180,253,000 |
$164,000 | $888,000 |
$87,400 | $520,000 |
| Hispanic |
1,057 | $208,077,000 |
$187,800 | $750,000 |
$80,800 | $600,000 |
| Information not provided by applicant in mail or telephone application |
2,763 | $714,225,000 |
$417,222 | $1,635,000 |
$178,333 | $1,896,000 |
| Not applicable |
2 | $457,000 |
$228,000 | $310,000 |
$120,000 | $125,000 |
| Other |
166 | $34,560,000 |
$183,500 | $650,000 |
$126,750 | $428,000 |
| White |
15,798 | $3,459,764,000 |
$230,315 | $1,500,000 |
$168,842 | $8,859,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
19,230 | $4,380,434,000 |
$235,105 | $1,635,000 |
$176,105 | $8,859,000 |
| FHA-insured (Federal Housing Administration) |
1,500 | $266,194,000 |
$170,500 | $274,000 |
$68,750 | $422,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
130 | $24,742,000 |
$180,750 | $301,000 |
$55,750 | $245,000 |
| VA-guaranteed (Veterans Administration) |
655 | $125,187,000 |
$149,600 | $323,000 |
$27,200 | $159,000 |
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| Application Approved But Not Accepted |
879 | $183,649,000 |
$171,666 | $1,500,000 |
$109,111 | $1,620,000 |
| Application Denied By Financial Institution |
227 | $50,724,000 |
$315,166 | $900,000 |
$56,833 | $475,000 |
| Application Withdrawn By Applicant |
637 | $142,754,000 |
$239,142 | $1,635,000 |
$101,285 | $3,920,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
15,916 | $3,656,248,000 |
$310,764 | $1,500,000 |
$185,941 | $8,859,000 |
| Loan Purchased By The Institution |
3,856 | $763,182,000 |
$218,100 | $1,000,000 |
$178,700 | $1,609,000 |
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| Collateral |
4 | $644,000 |
$161,000 | $199,000 |
$39,000 | $70,000 |
| Credit Application Incomplete |
1 | $133,000 |
$133,000 | $133,000 |
$64,000 | $64,000 |
| Credit History |
134 | $29,651,000 |
$324,800 | $900,000 |
$56,200 | $475,000 |
| Debt-To-Income Ratio |
40 | $8,602,000 |
$171,600 | $888,000 |
$53,200 | $210,000 |
| Employment History |
9 | $2,002,000 |
$213,500 | $400,000 |
$82,000 | $115,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $820,000 |
$273,000 | $565,000 |
$169,000 | $218,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
36 | $8,872,000 |
$303,250 | $857,000 |
$102,250 | $217,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for GEORGE MASON MORTGAGE, LLC by:
Metropolitan Area And
County
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