| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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HOME CONSULTANTS
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOME CONSULTANTS |
| Address | 473 EASTON TURNPIKE STE A
LAKE ARIEL, PA 18436 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Loan Applications Processed | 1,454 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $307,502,000 |
| Average Mortgage Loan Amount Applied For | $174,139 |
| Highest Mortgage Loan Amount Applied For | $1,485,000 |
| Average Applicant Income | $47,133 |
| Highest Applicant Income | $646,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
694 | $144,261,000 |
$207,000 | $1,485,000 |
$59,000 | $340,000 |
| Refinancing |
760 | $163,241,000 |
$214,000 | $926,000 |
$59,000 | $646,000 |
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| American Indian or Alaskan Native |
3 | $586,000 |
$195,000 | $273,000 |
$53,000 | $56,000 |
| Asian |
26 | $8,536,000 |
$328,000 | $648,000 |
$111,000 | $391,000 |
| Black or African American |
219 | $43,985,000 |
$200,000 | $705,000 |
$69,000 | $242,000 |
| Hispanic |
78 | $19,708,000 |
$252,000 | $750,000 |
$77,000 | $420,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $2,750,000 |
$343,000 | $641,000 |
$132,000 | $239,000 |
| Not applicable |
59 | $12,496,000 |
$211,000 | $908,000 |
$0 | $0 |
| Not Provided |
414 | $97,913,000 |
$236,000 | $1,485,000 |
$14,000 | $300,000 |
| White |
647 | $121,528,000 |
$187,000 | $923,000 |
$84,000 | $646,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
930 | $222,735,000 |
$239,000 | $1,485,000 |
$67,000 | $646,000 |
| FHA-insured (Federal Housing Administration) |
512 | $82,452,000 |
$161,000 | $468,000 |
$44,000 | $291,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
12 | $2,315,000 |
$192,000 | $350,000 |
$46,000 | $102,000 |
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| Application Approved But Not Accepted |
25 | $5,136,000 |
$205,000 | $495,000 |
$25,000 | $174,000 |
| Application Denied By Financial Institution |
85 | $18,957,000 |
$223,000 | $908,000 |
$58,000 | $300,000 |
| Application Withdrawn By Applicant |
402 | $96,808,000 |
$240,000 | $1,485,000 |
$12,000 | $296,000 |
| File Closed For Incompleteness |
2 | $600,000 |
$300,000 | $307,000 |
$0 | $0 |
| Loan Originated |
940 | $186,001,000 |
$197,000 | $923,000 |
$80,000 | $646,000 |
| 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 |
2 | $193,000 |
$96,000 | $138,000 |
$167,000 | $250,000 |
| Credit Application Incomplete |
3 | $388,000 |
$129,000 | $242,000 |
$170,000 | $240,000 |
| Credit History |
4 | $632,000 |
$158,000 | $266,000 |
$38,000 | $93,000 |
| Debt-To-Income Ratio |
4 | $565,000 |
$141,000 | $280,000 |
$39,000 | $95,000 |
| Employment History |
2 | $334,000 |
$167,000 | $227,000 |
$76,000 | $90,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $203,000 |
$203,000 | $203,000 |
$60,000 | $60,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan Application Totals for HOME CONSULTANTS by:
Metropolitan Area And
County
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