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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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MAINLAND HOME LOANS, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MAINLAND HOME LOANS, INC. |
| Address | 13140 COIT ROAD #117
DALLAS, TX 75240 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 499 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $99,660,000 |
| Average Mortgage Loan Amount Applied For | $193,422 |
| Highest Mortgage Loan Amount Applied For | $999,000 |
| Average Applicant Income | $159,022 |
| Highest Applicant Income | $999,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
102 | $19,641,000 |
$192,000 | $980,000 |
$107,000 | $623,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
397 | $80,019,000 |
$220,666 | $999,000 |
$184,666 | $999,000 |
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| American Indian or Alaskan Native |
1 | $118,000 |
$118,000 | $118,000 |
$73,000 | $73,000 |
| Asian or Pacific Islander |
23 | $3,949,000 |
$171,000 | $385,000 |
$101,000 | $266,000 |
| Black |
10 | $1,510,000 |
$151,000 | $304,000 |
$89,000 | $190,000 |
| Hispanic |
25 | $3,576,000 |
$143,000 | $379,000 |
$84,000 | $308,000 |
| Information not provided by applicant in mail or telephone application |
42 | $7,600,000 |
$180,000 | $304,000 |
$96,000 | $247,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
14 | $2,151,000 |
$153,000 | $298,000 |
$92,000 | $153,000 |
| White |
384 | $80,756,000 |
$223,666 | $999,000 |
$191,333 | $999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
475 | $96,775,000 |
$221,666 | $999,000 |
$187,333 | $999,000 |
| FHA-insured (Federal Housing Administration) |
21 | $2,459,000 |
$117,000 | $162,000 |
$37,000 | $113,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $426,000 |
$142,000 | $161,000 |
$20,000 | $60,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
15 | $3,388,000 |
$225,000 | $999,000 |
$107,000 | $266,000 |
| Application Withdrawn By Applicant |
39 | $7,057,000 |
$180,000 | $506,000 |
$104,000 | $447,000 |
| File Closed For Incompleteness |
4 | $593,000 |
$148,000 | $187,000 |
$75,000 | $124,000 |
| Loan Originated |
441 | $88,622,000 |
$220,666 | $993,000 |
$185,333 | $999,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $197,000 |
$197,000 | $197,000 |
$111,000 | $111,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $875,000 |
$218,000 | $469,000 |
$146,000 | $266,000 |
| Debt-To-Income Ratio |
8 | $2,164,000 |
$270,000 | $999,000 |
$107,000 | $266,000 |
| Employment History |
1 | $45,000 |
$45,000 | $45,000 |
$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 MAINLAND HOME LOANS, INC. by:
Metropolitan Area And
County
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