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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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M&T MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
M&T MORTGAGE CORPORATION |
| Address | 465 MAIN STREET - 5TH FLR - LAFAYETTE CT
BUFFALO, NY 14203-2399 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 56,713 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,015,982,000 |
| Average Mortgage Loan Amount Applied For | $165,127 |
| Highest Mortgage Loan Amount Applied For | $2,310,000 |
| Average Applicant Income | $71,157 |
| Highest Applicant Income | $8,135,000 |
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| Home Improvement |
770 | $152,792,000 |
$198,000 | $2,000,000 |
$75,000 | $855,000 |
| Home Purchase |
35,694 | $5,949,827,000 |
$166,000 | $2,250,000 |
$76,000 | $7,151,000 |
| Refinancing |
20,710 | $3,983,743,000 |
$192,000 | $2,310,000 |
$70,000 | $8,135,000 |
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| American Indian or Alaskan Native |
180 | $38,853,000 |
$215,000 | $1,120,000 |
$94,000 | $405,000 |
| Asian |
1,990 | $486,245,000 |
$244,000 | $2,240,000 |
$98,000 | $1,147,000 |
| Black or African American |
4,713 | $738,248,000 |
$156,000 | $1,520,000 |
$67,000 | $3,500,000 |
| Hispanic |
4,559 | $842,512,000 |
$184,000 | $1,500,000 |
$72,000 | $6,000,000 |
| Native Hawaiin or Other Pacific Islander |
122 | $23,835,000 |
$195,000 | $624,000 |
$89,000 | $358,000 |
| Not applicable |
4,986 | $829,861,000 |
$166,000 | $1,625,000 |
$1,000 | $1,351,000 |
| Not Provided |
3,482 | $759,340,000 |
$218,000 | $2,000,000 |
$97,000 | $7,151,000 |
| White |
37,142 | $6,367,468,000 |
$171,000 | $2,310,000 |
$81,000 | $8,135,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
50,700 | $9,153,970,000 |
$180,000 | $2,310,000 |
$79,000 | $8,135,000 |
| FHA-insured (Federal Housing Administration) |
5,411 | $753,036,000 |
$139,000 | $603,000 |
$31,000 | $379,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
20 | $1,507,000 |
$75,000 | $286,000 |
$5,000 | $53,000 |
| VA-guaranteed (Veterans Administration) |
1,043 | $177,849,000 |
$170,000 | $417,000 |
$29,000 | $152,000 |
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| Application Approved But Not Accepted |
6,635 | $1,235,108,000 |
$186,000 | $1,980,000 |
$84,000 | $1,735,000 |
| Application Denied By Financial Institution |
5,845 | $1,068,224,000 |
$182,000 | $2,310,000 |
$87,000 | $1,782,000 |
| Application Withdrawn By Applicant |
3,366 | $669,739,000 |
$198,000 | $2,000,000 |
$88,000 | $7,151,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
35,892 | $6,217,166,000 |
$173,000 | $2,000,000 |
$79,000 | $8,135,000 |
| Loan Purchased By The Institution |
4,975 | $825,745,000 |
$165,000 | $1,625,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
461 | $70,380,000 |
$152,000 | $960,000 |
$57,000 | $263,000 |
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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 M&T MORTGAGE CORPORATION by:
Metropolitan Area And
County
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