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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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LEND-MOR MORTGAGE BANKERS CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
LEND-MOR MORTGAGE BANKERS CORP |
| Address | 30 WEST MERRICK RD.,
VALLEY STREAM, NY 11580 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 586 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $168,210,000 |
| Average Mortgage Loan Amount Applied For | $213,627 |
| Highest Mortgage Loan Amount Applied For | $1,200,000 |
| Average Applicant Income | $100,568 |
| Highest Applicant Income | $548,000 |
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| Home Improvement |
5 | $905,000 |
$181,000 | $428,000 |
$80,000 | $102,000 |
| Home Purchase |
373 | $99,677,000 |
$267,000 | $1,200,000 |
$119,000 | $548,000 |
| Refinancing |
208 | $67,628,000 |
$325,000 | $965,000 |
$100,000 | $508,000 |
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| American Indian or Alaskan Native |
1 | $157,000 |
$157,000 | $157,000 |
$60,000 | $60,000 |
| Asian |
69 | $21,918,000 |
$317,000 | $711,000 |
$136,000 | $366,000 |
| Black or African American |
145 | $37,549,000 |
$258,000 | $627,000 |
$102,000 | $229,000 |
| Hispanic |
166 | $49,597,000 |
$298,000 | $878,000 |
$113,000 | $240,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
114 | $36,992,000 |
$324,000 | $1,200,000 |
$103,000 | $360,000 |
| White |
91 | $21,997,000 |
$241,000 | $965,000 |
$120,000 | $548,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
576 | $164,955,000 |
$286,000 | $1,200,000 |
$113,000 | $548,000 |
| FHA-insured (Federal Housing Administration) |
8 | $2,473,000 |
$309,000 | $569,000 |
$49,000 | $99,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $782,000 |
$391,000 | $500,000 |
$141,000 | $150,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
6 | $2,210,000 |
$368,000 | $630,000 |
$149,000 | $216,000 |
| Application Denied By Financial Institution |
15 | $3,615,000 |
$241,000 | $557,000 |
$107,000 | $157,000 |
| Application Withdrawn By Applicant |
222 | $60,041,000 |
$270,000 | $1,200,000 |
$106,000 | $360,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
343 | $102,344,000 |
$298,000 | $965,000 |
$115,000 | $548,000 |
| 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 |
3 | $568,000 |
$189,000 | $435,000 |
$57,000 | $109,000 |
| Debt-To-Income Ratio |
2 | $356,000 |
$178,000 | $308,000 |
$80,000 | $96,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $1,220,000 |
$406,000 | $557,000 |
$149,000 | $151,000 |
| Mortgage Insurance Denied |
1 | $444,000 |
$444,000 | $444,000 |
$118,000 | $118,000 |
| Other |
3 | $477,000 |
$159,000 | $239,000 |
$118,000 | $157,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for LEND-MOR MORTGAGE BANKERS CORP by:
Metropolitan Area And
County
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