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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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MAVERICK RESIDENTIAL MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
MAVERICK RESIDENTIAL MORTGAGE |
| Address | 2401 INTERNET BLVD STE 103
FRISCO, TX 75034 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,765 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $424,407,000 |
| Average Mortgage Loan Amount Applied For | $126,048 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $75,210 |
| Highest Applicant Income | $1,080,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,991 | $310,121,000 |
$103,000 | $1,047,000 |
$77,000 | $1,080,000 |
| Refinancing |
775 | $114,374,000 |
$147,000 | $1,400,000 |
$89,000 | $711,000 |
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| American Indian or Alaskan Native |
14 | $1,017,000 |
$72,000 | $153,000 |
$83,000 | $195,000 |
| Asian |
78 | $9,777,000 |
$125,000 | $548,000 |
$117,000 | $368,000 |
| Black or African American |
316 | $35,139,000 |
$111,000 | $712,000 |
$66,000 | $299,000 |
| Hispanic |
392 | $36,731,000 |
$93,000 | $840,000 |
$53,000 | $711,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,536,000 |
$256,000 | $637,000 |
$58,000 | $125,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
246 | $28,616,000 |
$116,000 | $800,000 |
$88,000 | $624,000 |
| White |
2,714 | $311,679,000 |
$114,000 | $1,400,000 |
$83,000 | $1,080,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,824 | $325,899,000 |
$115,000 | $1,400,000 |
$90,000 | $1,080,000 |
| FHA-insured (Federal Housing Administration) |
870 | $89,264,000 |
$102,000 | $308,000 |
$47,000 | $257,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
72 | $9,332,000 |
$129,000 | $232,000 |
$56,000 | $103,000 |
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| Application Approved But Not Accepted |
160 | $19,708,000 |
$123,000 | $771,000 |
$90,000 | $500,000 |
| Application Denied By Financial Institution |
169 | $15,426,000 |
$91,000 | $800,000 |
$71,000 | $311,000 |
| Application Withdrawn By Applicant |
67 | $6,825,000 |
$101,000 | $1,000,000 |
$52,000 | $207,000 |
| File Closed For Incompleteness |
14 | $1,644,000 |
$117,000 | $455,000 |
$92,000 | $362,000 |
| Loan Originated |
3,356 | $380,892,000 |
$113,000 | $1,400,000 |
$80,000 | $1,080,000 |
| 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 |
24 | $2,000,000 |
$83,000 | $300,000 |
$81,000 | $177,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
30 | $3,222,000 |
$107,000 | $800,000 |
$68,000 | $195,000 |
| Debt-To-Income Ratio |
10 | $1,276,000 |
$127,000 | $488,000 |
$75,000 | $165,000 |
| Employment History |
5 | $454,000 |
$90,000 | $239,000 |
$29,000 | $73,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $276,000 |
$92,000 | $142,000 |
$14,000 | $44,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
44 | $4,025,000 |
$91,000 | $444,000 |
$64,000 | $163,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MAVERICK RESIDENTIAL MORTGAGE by:
Metropolitan Area And
County
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