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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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INTERSTATE HOME LOAN CENTER IN
Mortgage Loans and Application Details
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| Mortgage Company Name |
INTERSTATE HOME LOAN CENTER IN |
| Address | 80 JERUSALEM AVE
HICKSVILLE, NY 11801 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,451 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $331,256,000 |
| Average Mortgage Loan Amount Applied For | $155,723 |
| Highest Mortgage Loan Amount Applied For | $1,352,000 |
| Average Applicant Income | $61,942 |
| Highest Applicant Income | $1,296,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
71 | $19,625,000 |
$276,000 | $1,352,000 |
$85,000 | $540,000 |
| Refinancing |
1,380 | $311,631,000 |
$225,000 | $1,014,000 |
$76,000 | $1,296,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
23 | $5,868,000 |
$255,000 | $575,000 |
$75,000 | $150,000 |
| Black or African American |
112 | $24,836,000 |
$221,000 | $790,000 |
$67,000 | $180,000 |
| Hispanic |
121 | $31,383,000 |
$259,000 | $800,000 |
$72,000 | $171,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
179 | $36,860,000 |
$205,000 | $800,000 |
$65,000 | $178,000 |
| White |
1,016 | $232,309,000 |
$228,000 | $1,352,000 |
$80,000 | $1,296,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,451 | $331,256,000 |
$228,000 | $1,352,000 |
$76,000 | $1,296,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
25 | $5,914,000 |
$236,000 | $540,000 |
$95,000 | $159,000 |
| Application Denied By Financial Institution |
84 | $14,821,000 |
$176,000 | $780,000 |
$56,000 | $480,000 |
| Application Withdrawn By Applicant |
1,146 | $262,726,000 |
$229,000 | $1,352,000 |
$76,000 | $750,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
196 | $47,795,000 |
$243,000 | $630,000 |
$83,000 | $1,296,000 |
| 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 |
11 | $1,956,000 |
$177,000 | $425,000 |
$47,000 | $75,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
61 | $10,377,000 |
$170,000 | $780,000 |
$58,000 | $480,000 |
| Debt-To-Income Ratio |
7 | $1,528,000 |
$218,000 | $588,000 |
$55,000 | $137,000 |
| Employment History |
1 | $360,000 |
$360,000 | $360,000 |
$83,000 | $83,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $110,000 |
$110,000 | $110,000 |
$52,000 | $52,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $490,000 |
$163,000 | $260,000 |
$52,000 | $87,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for INTERSTATE HOME LOAN CENTER IN by:
Metropolitan Area And
County
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