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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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IRWIN MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
IRWIN MORTGAGE CORPORATION |
| Address | 10500 KINCAID DRIVE
FISHERS, IN 47037 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 48,709 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,565,904,000 |
| Average Mortgage Loan Amount Applied For | $136,493 |
| Highest Mortgage Loan Amount Applied For | $5,180,000 |
| Average Applicant Income | $33,949 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
397 | $67,363,000 |
$169,000 | $1,700,000 |
$46,000 | $240,000 |
| Home Purchase |
30,684 | $4,379,805,000 |
$142,000 | $5,180,000 |
$30,000 | $9,999,000 |
| Refinancing |
17,628 | $3,118,736,000 |
$176,000 | $2,000,000 |
$37,000 | $1,924,000 |
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| American Indian or Alaskan Native |
109 | $14,508,000 |
$133,000 | $468,000 |
$50,000 | $582,000 |
| Asian |
1,100 | $202,687,000 |
$184,000 | $1,986,000 |
$39,000 | $912,000 |
| Black or African American |
4,308 | $577,307,000 |
$134,000 | $1,365,000 |
$36,000 | $1,200,000 |
| Hispanic |
4,132 | $603,185,000 |
$145,000 | $1,800,000 |
$29,000 | $349,000 |
| Native Hawaiin or Other Pacific Islander |
107 | $19,203,000 |
$179,000 | $655,000 |
$44,000 | $213,000 |
| Not applicable |
13,741 | $2,150,668,000 |
$156,000 | $836,000 |
$0 | $128,000 |
| Not Provided |
1,925 | $303,383,000 |
$157,000 | $1,425,000 |
$48,000 | $1,405,000 |
| White |
23,287 | $3,694,963,000 |
$158,000 | $5,180,000 |
$50,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
38,090 | $6,105,361,000 |
$160,000 | $5,180,000 |
$34,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
8,782 | $1,144,810,000 |
$130,000 | $639,000 |
$27,000 | $697,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
20 | $1,645,000 |
$82,000 | $216,000 |
$40,000 | $59,000 |
| VA-guaranteed (Veterans Administration) |
1,817 | $314,088,000 |
$172,000 | $417,000 |
$30,000 | $182,000 |
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| Application Approved But Not Accepted |
2,322 | $378,180,000 |
$162,000 | $1,500,000 |
$48,000 | $657,000 |
| Application Denied By Financial Institution |
5,747 | $851,255,000 |
$148,000 | $3,300,000 |
$37,000 | $956,000 |
| Application Withdrawn By Applicant |
494 | $69,485,000 |
$140,000 | $1,271,000 |
$46,000 | $1,200,000 |
| File Closed For Incompleteness |
2,533 | $387,701,000 |
$153,000 | $5,180,000 |
$36,000 | $1,771,000 |
| Loan Originated |
23,904 | $3,733,582,000 |
$156,000 | $2,000,000 |
$48,000 | $9,999,000 |
| Loan Purchased By The Institution |
13,709 | $2,145,701,000 |
$156,000 | $836,000 |
$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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 IRWIN MORTGAGE CORPORATION by:
Metropolitan Area And
County
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