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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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LIBERTY TRUST MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
LIBERTY TRUST MORTGAGE |
| Address | 110 WEST ROAD, STE 430
TOWSON, MD 21204 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 497 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $101,340,000 |
| Average Mortgage Loan Amount Applied For | $182,208 |
| Highest Mortgage Loan Amount Applied For | $1,685,000 |
| Average Applicant Income | $64,194 |
| Highest Applicant Income | $1,500,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
23 | $4,834,000 |
$210,000 | $665,000 |
$212,000 | $912,000 |
| Refinancing |
478 | $97,002,000 |
$202,000 | $1,685,000 |
$71,000 | $1,500,000 |
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| American Indian or Alaskan Native |
5 | $1,394,000 |
$278,000 | $422,000 |
$73,000 | $115,000 |
| Asian |
4 | $1,740,000 |
$435,000 | $800,000 |
$144,000 | $215,000 |
| Black or African American |
220 | $42,117,000 |
$191,000 | $491,000 |
$63,000 | $560,000 |
| Hispanic |
13 | $2,631,000 |
$202,000 | $368,000 |
$66,000 | $113,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $289,000 |
$289,000 | $289,000 |
$60,000 | $60,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
36 | $6,672,000 |
$185,000 | $550,000 |
$75,000 | $240,000 |
| White |
222 | $46,993,000 |
$211,000 | $1,685,000 |
$91,000 | $1,500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
449 | $92,227,000 |
$205,000 | $1,685,000 |
$79,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) |
52 | $9,609,000 |
$184,000 | $350,000 |
$66,000 | $142,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
45 | $8,103,000 |
$180,000 | $532,000 |
$65,000 | $240,000 |
| Application Withdrawn By Applicant |
7 | $1,183,000 |
$169,000 | $276,000 |
$53,000 | $70,000 |
| File Closed For Incompleteness |
1 | $158,000 |
$158,000 | $158,000 |
$46,000 | $46,000 |
| Loan Originated |
448 | $92,392,000 |
$206,000 | $1,685,000 |
$79,000 | $1,500,000 |
| 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 | $1,617,000 |
$147,000 | $267,000 |
$54,000 | $116,000 |
| Credit Application Incomplete |
1 | $220,000 |
$220,000 | $220,000 |
$56,000 | $56,000 |
| Credit History |
15 | $3,151,000 |
$210,000 | $371,000 |
$70,000 | $240,000 |
| Debt-To-Income Ratio |
5 | $725,000 |
$145,000 | $200,000 |
$48,000 | $63,000 |
| Employment History |
5 | $1,224,000 |
$244,000 | $532,000 |
$72,000 | $113,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $419,000 |
$209,000 | $275,000 |
$151,000 | $240,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
6 | $747,000 |
$124,000 | $211,000 |
$56,000 | $90,000 |
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Mortgage Loan App Totals for LIBERTY TRUST MORTGAGE by:
Metropolitan Area And
County
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