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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 HOME LOANS AND FINANCE
Mortgage Loans and Application Details
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| Mortgage Company Name |
GLOBAL HOME LOANS AND FINANCE |
| Address | 270 SOUTH SERVICE ROAD SUITE 25
MELVILLE, NY 11747 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 2,542 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $588,158,000 |
| Average Mortgage Loan Amount Applied For | $180,200 |
| Highest Mortgage Loan Amount Applied For | $1,956,000 |
| Average Applicant Income | $82,700 |
| Highest Applicant Income | $2,034,000 |
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| Home Improvement |
13 | $1,750,000 |
$102,750 | $332,000 |
$68,000 | $696,000 |
| Home Purchase |
1,226 | $268,098,000 |
$138,142 | $1,000,000 |
$87,928 | $1,024,000 |
| Refinancing |
1,308 | $319,011,000 |
$218,119 | $1,956,000 |
$82,380 | $2,034,000 |
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| American Indian or Alaskan Native |
3 | $614,000 |
$204,000 | $364,000 |
$198,000 | $297,000 |
| Asian |
94 | $23,460,000 |
$187,857 | $760,000 |
$89,142 | $252,000 |
| Black or African American |
216 | $48,604,000 |
$189,142 | $1,000,000 |
$65,428 | $486,000 |
| Hispanic |
170 | $42,974,000 |
$230,800 | $760,000 |
$97,000 | $725,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,686 | $388,155,000 |
$208,700 | $1,956,000 |
$84,575 | $1,200,000 |
| White |
378 | $85,052,000 |
$175,392 | $1,200,000 |
$88,250 | $2,034,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,542 | $587,643,000 |
$202,813 | $1,956,000 |
$84,744 | $2,034,000 |
| FHA-insured (Federal Housing Administration) |
5 | $1,216,000 |
$243,000 | $381,000 |
$93,000 | $118,000 |
| 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 |
174 | $39,200,000 |
$180,950 | $1,890,000 |
$99,550 | $720,000 |
| Application Withdrawn By Applicant |
1,067 | $245,725,000 |
$205,692 | $1,956,000 |
$83,717 | $2,034,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,306 | $303,934,000 |
$182,423 | $1,200,000 |
$79,923 | $1,200,000 |
| 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 GLOBAL HOME LOANS AND FINANCE by:
Metropolitan Area And
County
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