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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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GUARDIAN LOAN COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
GUARDIAN LOAN COMPANY |
| Address | 100 CLIFTON CORPORATE PARKWAY
CLIFTON PARK, NY 12065 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,710 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $557,700,000 |
| Average Mortgage Loan Amount Applied For | $181,100 |
| Highest Mortgage Loan Amount Applied For | $1,258,000 |
| Average Applicant Income | $54,332 |
| Highest Applicant Income | $462,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
82 | $15,628,000 |
$190,000 | $630,000 |
$63,000 | $312,000 |
| Refinancing |
2,628 | $542,072,000 |
$206,000 | $1,258,000 |
$57,000 | $462,000 |
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| American Indian or Alaskan Native |
8 | $1,968,000 |
$246,000 | $497,000 |
$40,000 | $125,000 |
| Asian |
40 | $10,871,000 |
$271,000 | $521,000 |
$61,000 | $178,000 |
| Black or African American |
324 | $69,577,000 |
$214,000 | $582,000 |
$56,000 | $222,000 |
| Hispanic |
117 | $26,361,000 |
$225,000 | $1,000,000 |
$46,000 | $168,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $1,528,000 |
$191,000 | $348,000 |
$66,000 | $120,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
304 | $67,545,000 |
$222,000 | $910,000 |
$54,000 | $392,000 |
| White |
1,909 | $379,850,000 |
$198,000 | $1,258,000 |
$59,000 | $462,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,678 | $552,166,000 |
$206,000 | $1,258,000 |
$58,000 | $462,000 |
| FHA-insured (Federal Housing Administration) |
32 | $5,534,000 |
$172,000 | $269,000 |
$57,000 | $103,000 |
| 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 |
1,071 | $234,307,000 |
$218,000 | $1,000,000 |
$60,000 | $336,000 |
| Application Denied By Financial Institution |
318 | $57,907,000 |
$182,000 | $1,000,000 |
$49,000 | $436,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,321 | $265,486,000 |
$200,000 | $1,258,000 |
$58,000 | $462,000 |
| 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 |
1 | $330,000 |
$330,000 | $330,000 |
$68,000 | $68,000 |
| 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 |
1 | $444,000 |
$444,000 | $444,000 |
$161,000 | $161,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for GUARDIAN LOAN COMPANY by:
Metropolitan Area And
County
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