| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
|
|
|
|
|
|
GUARDIAN MORTGAGE COMPANY, INC
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
GUARDIAN MORTGAGE COMPANY, INC |
| Address | 100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Loan Applications Processed | 9,805 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,372,289,000 |
| Average Mortgage Loan Amount Applied For | $137,207 |
| Highest Mortgage Loan Amount Applied For | $986,000 |
| Average Applicant Income | $98,267 |
| Highest Applicant Income | $1,553,000 |
|
|
|
| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
1,494 | $237,686,000 |
$155,000 | $750,000 |
$95,000 | $1,553,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
8,311 | $1,134,603,000 |
$136,000 | $986,000 |
$92,500 | $866,000 |
|
| American Indian or Alaskan Native |
11 | $1,243,000 |
$105,500 | $172,000 |
$63,500 | $132,000 |
| Asian or Pacific Islander |
645 | $100,792,000 |
$168,000 | $611,000 |
$104,000 | $530,000 |
| Black |
204 | $27,634,000 |
$133,500 | $561,000 |
$80,000 | $353,000 |
| Hispanic |
192 | $24,916,000 |
$129,000 | $683,000 |
$83,500 | $528,000 |
| Information not provided by applicant in mail or telephone application |
86 | $11,877,000 |
$136,000 | $323,000 |
$73,000 | $576,000 |
| Not applicable |
2 | $380,000 |
$190,000 | $222,000 |
$187,000 | $194,000 |
| Other |
85 | $12,397,000 |
$147,500 | $323,000 |
$101,500 | $1,553,000 |
| White |
8,580 | $1,193,050,000 |
$138,500 | $986,000 |
$97,500 | $875,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
9,175 | $1,297,216,000 |
$141,000 | $986,000 |
$102,500 | $1,553,000 |
| FHA-insured (Federal Housing Administration) |
399 | $43,754,000 |
$107,000 | $173,000 |
$49,500 | $237,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
231 | $31,319,000 |
$131,000 | $299,000 |
$54,500 | $193,000 |
|
| Application Approved But Not Accepted |
38 | $5,905,000 |
$158,000 | $323,000 |
$80,500 | $373,000 |
| Application Denied By Financial Institution |
76 | $11,047,000 |
$150,500 | $470,000 |
$111,500 | $696,000 |
| Application Withdrawn By Applicant |
254 | $38,959,000 |
$153,000 | $683,000 |
$82,500 | $847,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
9,437 | $1,316,378,000 |
$138,500 | $986,000 |
$95,000 | $1,553,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
28 | $4,120,000 |
$103,500 | $470,000 |
$242,500 | $696,000 |
| Credit Application Incomplete |
1 | $119,000 |
$119,000 | $119,000 |
$38,000 | $38,000 |
| Credit History |
13 | $1,714,000 |
$156,000 | $219,000 |
$111,000 | $159,000 |
| Debt-To-Income Ratio |
19 | $3,023,000 |
$174,500 | $395,000 |
$94,000 | $288,000 |
| Employment History |
3 | $199,000 |
$66,000 | $95,000 |
$57,000 | $75,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $120,000 |
$120,000 | $120,000 |
$50,000 | $50,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
11 | $1,752,000 |
$159,000 | $244,000 |
$123,000 | $250,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan Application Totals for GUARDIAN MORTGAGE COMPANY, INC by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2010 AllMortgageDetail.com All rights reserved.
disclaimer
|
|