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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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JT MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
JT MORTGAGE CORP. |
| Address | P O BOX 1768
CAGUAS, PR 00726 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 74 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,934,000 |
| Average Mortgage Loan Amount Applied For | $109,384 |
| Highest Mortgage Loan Amount Applied For | $731,000 |
| Average Applicant Income | $58,884 |
| Highest Applicant Income | $286,000 |
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| Home Improvement |
3 | $173,000 |
$57,000 | $73,000 |
$25,000 | $40,000 |
| Home Purchase |
24 | $2,752,000 |
$114,000 | $515,000 |
$54,000 | $143,000 |
| Refinancing |
54 | $5,846,000 |
$108,000 | $731,000 |
$58,000 | $286,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
71 | $7,868,000 |
$110,000 | $731,000 |
$58,000 | $286,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
9 | $854,000 |
$94,000 | $250,000 |
$33,000 | $69,000 |
| White |
1 | $49,000 |
$49,000 | $49,000 |
$55,000 | $55,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
74 | $8,064,000 |
$108,000 | $731,000 |
$57,000 | $286,000 |
| FHA-insured (Federal Housing Administration) |
4 | $396,000 |
$99,000 | $114,000 |
$38,000 | $49,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $120,000 |
$120,000 | $120,000 |
$37,000 | $37,000 |
| VA-guaranteed (Veterans Administration) |
2 | $191,000 |
$95,000 | $99,000 |
$29,000 | $31,000 |
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| Application Approved But Not Accepted |
1 | $75,000 |
$75,000 | $75,000 |
$30,000 | $30,000 |
| Application Denied By Financial Institution |
8 | $654,000 |
$81,000 | $135,000 |
$32,000 | $52,000 |
| Application Withdrawn By Applicant |
9 | $998,000 |
$110,000 | $250,000 |
$40,000 | $99,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
63 | $7,044,000 |
$111,000 | $731,000 |
$62,000 | $286,000 |
| 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 |
3 | $227,000 |
$75,000 | $92,000 |
$23,000 | $41,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $354,000 |
$88,000 | $135,000 |
$38,000 | $52,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $73,000 |
$73,000 | $73,000 |
$40,000 | $40,000 |
| 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 JT MORTGAGE CORP. by:
Metropolitan Area And
County
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