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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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LOANSTAR LENDING, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
LOANSTAR LENDING, INC |
| Address | 17197 N. LAUREL PARK DR STE 107
LIVONIA, MI 48152 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 15 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,393,000 |
| Average Mortgage Loan Amount Applied For | $208,333 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $70,333 |
| Highest Applicant Income | $110,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
7 | $1,166,000 |
$166,000 | $350,000 |
$66,000 | $110,000 |
| Refinancing |
8 | $1,227,000 |
$153,000 | $500,000 |
$45,000 | $72,000 |
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| American Indian or Alaskan Native |
1 | $120,000 |
$120,000 | $120,000 |
$50,000 | $50,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
5 | $891,000 |
$178,000 | $500,000 |
$45,000 | $50,000 |
| Hispanic |
1 | $104,000 |
$104,000 | $104,000 |
$35,000 | $35,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
8 | $1,278,000 |
$159,000 | $350,000 |
$63,000 | $110,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
11 | $1,964,000 |
$178,000 | $500,000 |
$60,000 | $110,000 |
| FHA-insured (Federal Housing Administration) |
4 | $429,000 |
$107,000 | $142,000 |
$43,000 | $50,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
15 | $2,393,000 |
$159,000 | $500,000 |
$53,000 | $110,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
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 LOANSTAR LENDING, INC by:
Metropolitan Area And
County
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