|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
MANDALAY MORTGAGE
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
MANDALAY MORTGAGE |
| Address | 18425 BURBANK BLVD
TARZANA, CA 91356 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 7,797 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,850,820,000 |
| Average Mortgage Loan Amount Applied For | $240,614 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $146,915 |
| Highest Applicant Income | $5,379,000 |
|
|
|
| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
3,620 | $747,882,000 |
$212,437 | $3,000,000 |
$151,500 | $5,379,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
4,177 | $1,102,938,000 |
$361,076 | $2,850,000 |
$312,769 | $3,504,000 |
|
|
| American Indian or Alaskan Native |
16 | $3,274,000 |
$204,000 | $361,000 |
$72,000 | $180,000 |
| Asian or Pacific Islander |
475 | $111,028,000 |
$221,000 | $1,325,000 |
$91,500 | $1,080,000 |
| Black |
329 | $58,775,000 |
$209,000 | $988,000 |
$80,000 | $720,000 |
| Hispanic |
1,718 | $297,506,000 |
$176,833 | $1,000,000 |
$89,500 | $1,320,000 |
| Information not provided by applicant in mail or telephone application |
755 | $166,441,000 |
$252,166 | $2,750,000 |
$110,833 | $997,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
68 | $15,276,000 |
$224,000 | $568,000 |
$89,000 | $307,000 |
| White |
4,436 | $1,198,520,000 |
$291,722 | $3,000,000 |
$231,888 | $5,379,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7,751 | $1,841,578,000 |
$273,714 | $3,000,000 |
$203,571 | $5,379,000 |
| FHA-insured (Federal Housing Administration) |
44 | $8,892,000 |
$202,000 | $280,000 |
$46,000 | $114,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $350,000 |
$175,000 | $280,000 |
$50,000 | $50,000 |
|
|
| Application Approved But Not Accepted |
60 | $8,566,000 |
$156,000 | $374,000 |
$67,500 | $228,000 |
| Application Denied By Financial Institution |
646 | $117,609,000 |
$229,500 | $1,300,000 |
$127,500 | $1,080,000 |
| Application Withdrawn By Applicant |
1,585 | $368,141,000 |
$282,555 | $2,750,000 |
$94,666 | $3,108,000 |
| File Closed For Incompleteness |
25 | $4,681,000 |
$187,000 | $440,000 |
$81,000 | $176,000 |
| Loan Originated |
5,481 | $1,351,823,000 |
$247,611 | $3,000,000 |
$216,166 | $5,379,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
101 | $17,428,000 |
$172,000 | $778,000 |
$112,000 | $1,080,000 |
| Credit Application Incomplete |
3 | $1,291,000 |
$430,000 | $1,000,000 |
$181,000 | $360,000 |
| Credit History |
129 | $21,913,000 |
$258,500 | $715,000 |
$102,500 | $477,000 |
| Debt-To-Income Ratio |
69 | $13,928,000 |
$201,000 | $1,300,000 |
$103,000 | $457,000 |
| Employment History |
20 | $2,600,000 |
$130,000 | $510,000 |
$107,000 | $302,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $202,000 |
$202,000 | $202,000 |
$96,000 | $96,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
113 | $22,414,000 |
$250,500 | $1,300,000 |
$128,500 | $751,000 |
| Unverifiable Information |
123 | $19,882,000 |
$181,000 | $461,000 |
$134,500 | $228,000 |
|
Mortgage Loan App Totals for MANDALAY MORTGAGE by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
