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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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MARKET STREET MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
MARKET STREET MORTGAGE CORP |
| Address | 2650 MCCORMICK DRIVE SUITE 200
CLEARWATER, FL 33759 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 25,781 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,850,090,000 |
| Average Mortgage Loan Amount Applied For | $149,632 |
| Highest Mortgage Loan Amount Applied For | $3,315,000 |
| Average Applicant Income | $75,088 |
| Highest Applicant Income | $3,500,000 |
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| Home Improvement |
7 | $1,044,000 |
$149,000 | $237,000 |
$61,000 | $101,000 |
| Home Purchase |
20,961 | $2,945,337,000 |
$140,000 | $1,891,000 |
$67,000 | $3,500,000 |
| Refinancing |
4,822 | $905,711,000 |
$187,000 | $3,315,000 |
$76,000 | $1,944,000 |
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| American Indian or Alaskan Native |
74 | $11,780,000 |
$159,000 | $809,000 |
$48,000 | $213,000 |
| Asian |
753 | $130,049,000 |
$172,000 | $1,281,000 |
$75,000 | $458,000 |
| Black or African American |
4,070 | $542,564,000 |
$133,000 | $1,200,000 |
$61,000 | $3,500,000 |
| Hispanic |
3,564 | $475,152,000 |
$133,000 | $1,500,000 |
$52,000 | $1,187,000 |
| Native Hawaiin or Other Pacific Islander |
106 | $14,539,000 |
$137,000 | $417,000 |
$86,000 | $1,800,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,634 | $283,003,000 |
$173,000 | $1,891,000 |
$65,000 | $1,437,000 |
| White |
15,589 | $2,395,005,000 |
$153,000 | $3,315,000 |
$75,000 | $3,300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
19,697 | $3,041,804,000 |
$154,000 | $3,315,000 |
$74,000 | $3,500,000 |
| FHA-insured (Federal Housing Administration) |
4,593 | $581,997,000 |
$126,000 | $368,000 |
$50,000 | $302,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
9 | $1,162,000 |
$129,000 | $187,000 |
$40,000 | $58,000 |
| VA-guaranteed (Veterans Administration) |
1,491 | $227,129,000 |
$152,000 | $413,000 |
$57,000 | $279,000 |
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| Application Approved But Not Accepted |
2,590 | $385,917,000 |
$149,000 | $1,300,000 |
$69,000 | $1,856,000 |
| Application Denied By Financial Institution |
2,161 | $346,650,000 |
$160,000 | $3,315,000 |
$53,000 | $1,437,000 |
| Application Withdrawn By Applicant |
197 | $31,367,000 |
$159,000 | $1,350,000 |
$115,000 | $3,300,000 |
| File Closed For Incompleteness |
515 | $84,881,000 |
$164,000 | $1,593,000 |
$66,000 | $1,800,000 |
| Loan Originated |
19,342 | $2,864,836,000 |
$148,000 | $1,920,000 |
$69,000 | $3,500,000 |
| Loan Purchased By The Institution |
985 | $138,441,000 |
$140,000 | $326,000 |
$84,000 | $300,000 |
| 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 |
214 | $31,326,000 |
$146,000 | $1,975,000 |
$67,000 | $650,000 |
| Credit Application Incomplete |
414 | $63,120,000 |
$152,000 | $1,080,000 |
$70,000 | $1,200,000 |
| Credit History |
450 | $61,389,000 |
$136,000 | $980,000 |
$54,000 | $726,000 |
| Debt-To-Income Ratio |
158 | $23,334,000 |
$147,000 | $1,120,000 |
$51,000 | $412,000 |
| Employment History |
43 | $10,065,000 |
$234,000 | $3,315,000 |
$74,000 | $996,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
85 | $13,948,000 |
$164,000 | $500,000 |
$50,000 | $426,000 |
| Mortgage Insurance Denied |
93 | $13,363,000 |
$143,000 | $880,000 |
$57,000 | $269,000 |
| Other |
662 | $123,978,000 |
$187,000 | $788,000 |
$34,000 | $1,437,000 |
| Unverifiable Information |
42 | $6,127,000 |
$145,000 | $560,000 |
$74,000 | $200,000 |
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Mortgage Loan App Totals for MARKET STREET MORTGAGE CORP by:
Metropolitan Area And
County
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