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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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GLOBAL EQUITY LENDING, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
GLOBAL EQUITY LENDING, INC. |
| Address | 6465 EAST JOHNS CROSSING JOHNS CREEK, GA 30097 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 9,206 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,565,742,000 |
| Average Mortgage Loan Amount Applied For | $205,189 |
| Highest Mortgage Loan Amount Applied For | $6,000,000 |
| Average Applicant Income | $107,927 |
| Highest Applicant Income | $9,687,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,787 | $714,431,000 |
$256,000 | $3,600,000 |
$126,000 | $9,432,000 |
| Refinancing |
6,419 | $1,851,311,000 |
$288,000 | $6,000,000 |
$120,000 | $9,687,000 |
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| American Indian or Alaskan Native |
62 | $17,292,000 |
$278,000 | $940,000 |
$149,000 | $3,521,000 |
| Asian |
1,895 | $592,721,000 |
$312,000 | $3,400,000 |
$122,000 | $9,432,000 |
| Black or African American |
2,457 | $618,101,000 |
$251,000 | $2,390,000 |
$127,000 | $9,687,000 |
| Hispanic |
2,165 | $618,697,000 |
$285,000 | $3,600,000 |
$108,000 | $6,586,000 |
| Native Hawaiin or Other Pacific Islander |
234 | $84,419,000 |
$360,000 | $880,000 |
$167,000 | $8,323,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
2,393 | $634,512,000 |
$265,000 | $6,000,000 |
$124,000 | $9,480,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
9,206 | $2,565,742,000 |
$278,000 | $6,000,000 |
$122,000 | $9,687,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3,084 | $889,923,000 |
$288,000 | $6,000,000 |
$129,000 | $9,480,000 |
| Application Withdrawn By Applicant |
6,122 | $1,675,819,000 |
$273,000 | $2,892,000 |
$118,000 | $9,687,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 GLOBAL EQUITY LENDING, INC. by:
Metropolitan Area And
County
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