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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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LUMINA MORTGAGE CO., INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
LUMINA MORTGAGE CO., INC. |
| Address | 219 RACINE DR. SUITE A
WILMINGTON, NC 28403 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 524 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $116,057,000 |
| Average Mortgage Loan Amount Applied For | $212,433 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $153,533 |
| Highest Applicant Income | $3,900,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
311 | $56,241,000 |
$180,000 | $1,395,000 |
$155,000 | $1,560,000 |
| Refinancing |
213 | $59,816,000 |
$280,000 | $3,000,000 |
$209,000 | $3,900,000 |
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| American Indian or Alaskan Native |
1 | $50,000 |
$50,000 | $50,000 |
$60,000 | $60,000 |
| Asian |
23 | $3,169,000 |
$137,000 | $396,000 |
$91,000 | $240,000 |
| Black or African American |
53 | $7,248,000 |
$136,000 | $389,000 |
$82,000 | $240,000 |
| Hispanic |
13 | $1,859,000 |
$143,000 | $330,000 |
$162,000 | $468,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
15 | $2,121,000 |
$141,000 | $325,000 |
$98,000 | $323,000 |
| White |
419 | $101,610,000 |
$242,000 | $3,000,000 |
$198,000 | $3,900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
475 | $108,937,000 |
$229,000 | $3,000,000 |
$190,000 | $3,900,000 |
| FHA-insured (Federal Housing Administration) |
31 | $4,252,000 |
$137,000 | $258,000 |
$46,000 | $89,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $84,000 |
$84,000 | $84,000 |
$20,000 | $20,000 |
| VA-guaranteed (Veterans Administration) |
17 | $2,784,000 |
$163,000 | $325,000 |
$59,000 | $111,000 |
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| Application Approved But Not Accepted |
9 | $1,282,000 |
$142,000 | $475,000 |
$100,000 | $252,000 |
| Application Denied By Financial Institution |
13 | $2,593,000 |
$199,000 | $660,000 |
$219,000 | $978,000 |
| Application Withdrawn By Applicant |
53 | $12,025,000 |
$226,000 | $1,395,000 |
$147,000 | $1,056,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
449 | $100,157,000 |
$223,000 | $3,000,000 |
$181,000 | $3,900,000 |
| 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 |
7 | $2,117,000 |
$302,000 | $660,000 |
$222,000 | $323,000 |
| 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) |
2 | $56,000 |
$28,000 | $42,000 |
$139,000 | $139,000 |
| 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 LUMINA MORTGAGE CO., INC. by:
Metropolitan Area And
County
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