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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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MASON STATE MORTGAGE CO, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MASON STATE MORTGAGE CO, LLC |
| Address | 322 SOUTH JEFFERSON STREET
MASON, MI 48854 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 60 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,891,000 |
| Average Mortgage Loan Amount Applied For | $155,100 |
| Highest Mortgage Loan Amount Applied For | $375,000 |
| Average Applicant Income | $92,200 |
| Highest Applicant Income | $285,000 |
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| Home Improvement |
1 | $294,000 |
$294,000 | $294,000 |
$172,000 | $172,000 |
| Home Purchase |
23 | $3,201,000 |
$139,000 | $375,000 |
$78,000 | $285,000 |
| Refinancing |
36 | $4,396,000 |
$122,000 | $270,000 |
$62,000 | $194,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $255,000 |
$127,000 | $150,000 |
$56,000 | $65,000 |
| Black or African American |
1 | $158,000 |
$158,000 | $158,000 |
$38,000 | $38,000 |
| Hispanic |
2 | $342,000 |
$171,000 | $220,000 |
$69,000 | $90,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $161,000 |
$161,000 | $161,000 |
$109,000 | $109,000 |
| White |
54 | $6,975,000 |
$129,000 | $375,000 |
$71,000 | $285,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
60 | $7,891,000 |
$131,000 | $375,000 |
$70,000 | $285,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 | $887,000 |
$147,000 | $180,000 |
$40,000 | $65,000 |
| Application Withdrawn By Applicant |
2 | $145,000 |
$72,000 | $95,000 |
$27,000 | $37,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
52 | $6,859,000 |
$131,000 | $375,000 |
$75,000 | $285,000 |
| 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 |
2 | $280,000 |
$140,000 | $158,000 |
$43,000 | $49,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
4 | $607,000 |
$151,000 | $180,000 |
$39,000 | $65,000 |
| 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 MASON STATE MORTGAGE CO, LLC by:
Metropolitan Area And
County
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