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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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GUARANTY RESIDENTIAL LENDING
Mortgage Loans and Application Details
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| Mortgage Company Name |
GUARANTY RESIDENTIAL LENDING |
| Address | 1300 S. MOPAC EXPWY
AUSTIN, TX 78746 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 61,161 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,748,529,000 |
| Average Mortgage Loan Amount Applied For | $133,342 |
| Highest Mortgage Loan Amount Applied For | $3,250,000 |
| Average Applicant Income | $70,292 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement |
1,143 | $240,098,000 |
$163,609 | $1,700,000 |
$74,829 | $1,369,000 |
| Home Purchase |
35,768 | $5,812,924,000 |
$152,038 | $3,000,000 |
$77,192 | $6,500,000 |
| Refinancing |
25,312 | $4,889,464,000 |
$164,692 | $3,250,000 |
$71,711 | $5,017,000 |
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| American Indian or Alaskan Native |
186 | $31,574,000 |
$171,700 | $920,000 |
$75,300 | $1,412,000 |
| Asian |
2,359 | $514,531,000 |
$171,133 | $1,500,000 |
$90,111 | $4,600,000 |
| Black or African American |
4,538 | $710,804,000 |
$137,536 | $1,764,000 |
$57,609 | $3,000,000 |
| Hispanic |
5,561 | $950,756,000 |
$144,523 | $1,435,000 |
$71,928 | $5,017,000 |
| Native Hawaiin or Other Pacific Islander |
220 | $47,487,000 |
$188,400 | $1,231,000 |
$76,160 | $342,000 |
| Not applicable |
230 | $45,046,000 |
$178,041 | $2,796,000 |
$98,291 | $1,080,000 |
| Not Provided |
11,344 | $2,014,765,000 |
$158,431 | $2,775,000 |
$65,745 | $3,600,000 |
| White |
37,785 | $6,627,523,000 |
$161,692 | $3,250,000 |
$79,384 | $6,500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
50,100 | $9,400,284,000 |
$162,442 | $3,250,000 |
$82,826 | $6,500,000 |
| FHA-insured (Federal Housing Administration) |
9,094 | $1,155,951,000 |
$126,673 | $475,000 |
$40,979 | $2,693,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
324 | $30,488,000 |
$91,000 | $225,000 |
$32,642 | $77,000 |
| VA-guaranteed (Veterans Administration) |
2,705 | $355,763,000 |
$145,195 | $334,000 |
$45,682 | $1,266,000 |
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| Application Approved But Not Accepted |
5,732 | $1,082,912,000 |
$161,897 | $1,764,000 |
$100,122 | $5,017,000 |
| Application Denied By Financial Institution |
7,729 | $1,424,551,000 |
$168,750 | $2,796,000 |
$82,576 | $6,000,000 |
| Application Withdrawn By Applicant |
6,001 | $1,032,696,000 |
$154,360 | $2,775,000 |
$68,900 | $3,600,000 |
| File Closed For Incompleteness |
3,170 | $512,157,000 |
$142,816 | $3,250,000 |
$62,775 | $6,500,000 |
| Loan Originated |
37,115 | $6,361,196,000 |
$155,250 | $3,000,000 |
$74,480 | $3,255,000 |
| Loan Purchased By The Institution |
1,657 | $377,760,000 |
$203,058 | $2,490,000 |
$55,558 | $1,441,000 |
| Preapproval Approved but not Accepted |
659 | $125,908,000 |
$191,000 | $1,435,000 |
$61,000 | $879,000 |
| Preapproval Denied by Financial Institution |
160 | $25,306,000 |
$158,000 | $1,000,000 |
$99,000 | $390,000 |
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| Collateral |
342 | $85,355,000 |
$214,400 | $2,000,000 |
$107,050 | $2,239,000 |
| Credit Application Incomplete |
239 | $49,891,000 |
$199,321 | $1,500,000 |
$80,928 | $600,000 |
| Credit History |
1,349 | $218,743,000 |
$177,642 | $1,750,000 |
$69,785 | $960,000 |
| Debt-To-Income Ratio |
1,031 | $178,295,000 |
$180,813 | $2,275,000 |
$63,372 | $576,000 |
| Employment History |
189 | $43,232,000 |
$184,545 | $1,475,000 |
$72,515 | $600,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
102 | $23,402,000 |
$176,173 | $1,016,000 |
$87,000 | $360,000 |
| Mortgage Insurance Denied |
26 | $6,433,000 |
$321,875 | $910,000 |
$154,375 | $406,000 |
| Other |
4,322 | $764,098,000 |
$175,708 | $2,796,000 |
$92,208 | $6,000,000 |
| Unverifiable Information |
289 | $80,408,000 |
$205,969 | $1,750,000 |
$89,787 | $796,000 |
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Mortgage Loan App Totals for GUARANTY RESIDENTIAL LENDING by:
Metropolitan Area And
County
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