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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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INTERCOASTAL MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
INTERCOASTAL MORTGAGE COMPANY |
| Address | 4100 MONUMENT CORNER DRIVE #220
FAIRFAX, VA 22030 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,668 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $524,941,000 |
| Average Mortgage Loan Amount Applied For | $268,027 |
| Highest Mortgage Loan Amount Applied For | $1,700,000 |
| Average Applicant Income | $237,611 |
| Highest Applicant Income | $6,520,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,323 | $424,118,000 |
$320,000 | $1,700,000 |
$159,000 | $6,520,000 |
| Refinancing |
345 | $100,823,000 |
$292,000 | $1,000,000 |
$138,000 | $1,200,000 |
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| American Indian or Alaskan Native |
4 | $1,539,000 |
$384,000 | $634,000 |
$147,000 | $242,000 |
| Asian |
109 | $34,160,000 |
$313,000 | $916,000 |
$133,000 | $360,000 |
| Black or African American |
89 | $28,486,000 |
$320,000 | $968,000 |
$129,000 | $429,000 |
| Hispanic |
124 | $36,276,000 |
$292,000 | $1,125,000 |
$111,000 | $385,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,366,000 |
$227,000 | $644,000 |
$105,000 | $194,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
254 | $82,080,000 |
$323,000 | $1,000,000 |
$156,000 | $737,000 |
| White |
1,082 | $341,034,000 |
$315,000 | $1,700,000 |
$164,000 | $6,520,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,634 | $516,017,000 |
$315,000 | $1,700,000 |
$156,000 | $6,520,000 |
| FHA-insured (Federal Housing Administration) |
17 | $3,850,000 |
$226,000 | $362,000 |
$80,000 | $213,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
17 | $5,074,000 |
$298,000 | $417,000 |
$79,000 | $173,000 |
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| Application Approved But Not Accepted |
26 | $6,538,000 |
$251,000 | $1,000,000 |
$109,000 | $480,000 |
| Application Denied By Financial Institution |
1 | $95,000 |
$95,000 | $95,000 |
$100,000 | $100,000 |
| Application Withdrawn By Applicant |
35 | $10,128,000 |
$289,000 | $925,000 |
$144,000 | $535,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,606 | $508,180,000 |
$316,000 | $1,700,000 |
$155,000 | $6,520,000 |
| 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 | $95,000 |
$95,000 | $95,000 |
$100,000 | $100,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for INTERCOASTAL MORTGAGE COMPANY by:
Metropolitan Area And
County
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