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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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MADISON HOME EQUITIES, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MADISON HOME EQUITIES, INC. |
| Address | 1 OLD COUNTRY RD SUITE 420
CARLE PLACE, NY 11514 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 127 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $39,049,000 |
| Average Mortgage Loan Amount Applied For | $308,066 |
| Highest Mortgage Loan Amount Applied For | $1,288,000 |
| Average Applicant Income | $106,000 |
| Highest Applicant Income | $756,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
40 | $15,419,000 |
$385,000 | $1,186,000 |
$81,000 | $390,000 |
| Refinancing |
87 | $23,630,000 |
$271,000 | $1,288,000 |
$96,000 | $756,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
6 | $1,568,000 |
$261,000 | $463,000 |
$51,000 | $180,000 |
| Black or African American |
57 | $16,636,000 |
$291,000 | $681,000 |
$90,000 | $756,000 |
| Hispanic |
9 | $2,155,000 |
$239,000 | $480,000 |
$66,000 | $280,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $885,000 |
$295,000 | $430,000 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
52 | $17,805,000 |
$342,000 | $1,288,000 |
$106,000 | $756,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
102 | $29,335,000 |
$287,000 | $1,288,000 |
$89,000 | $756,000 |
| FHA-insured (Federal Housing Administration) |
25 | $9,714,000 |
$388,000 | $681,000 |
$100,000 | $168,000 |
| 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 |
6 | $2,729,000 |
$454,000 | $681,000 |
$106,000 | $132,000 |
| Application Withdrawn By Applicant |
24 | $7,722,000 |
$321,000 | $736,000 |
$85,000 | $444,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
97 | $28,598,000 |
$294,000 | $1,288,000 |
$92,000 | $756,000 |
| 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 |
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 MADISON HOME EQUITIES, INC. by:
Metropolitan Area And
County
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