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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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MERCANTILE MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MERCANTILE MORTGAGE CORP. |
| Address | 2 HOPKINS PLAZA, SUITE 900
BALTIMORE, MD 21201 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 181 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $91,571,000 |
| Average Mortgage Loan Amount Applied For | $506,812 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $446,937 |
| Highest Applicant Income | $3,852,000 |
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| Home Improvement |
6 | $6,634,000 |
$1,105,000 | $2,500,000 |
$455,000 | $1,200,000 |
| Home Purchase |
114 | $55,993,000 |
$491,000 | $2,040,000 |
$300,000 | $3,852,000 |
| Refinancing |
62 | $30,103,000 |
$485,000 | $1,981,000 |
$293,000 | $1,200,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $615,000 |
$615,000 | $615,000 |
$83,000 | $83,000 |
| Black or African American |
13 | $5,155,000 |
$396,000 | $998,000 |
$562,000 | $1,200,000 |
| Hispanic |
1 | $165,000 |
$165,000 | $165,000 |
$48,000 | $48,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $200,000 |
$200,000 | $200,000 |
$140,000 | $140,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $3,996,000 |
$363,000 | $1,000,000 |
$344,000 | $1,575,000 |
| White |
155 | $82,599,000 |
$532,000 | $2,500,000 |
$282,000 | $3,852,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
181 | $92,598,000 |
$511,000 | $2,500,000 |
$304,000 | $3,852,000 |
| FHA-insured (Federal Housing Administration) |
1 | $132,000 |
$132,000 | $132,000 |
$60,000 | $60,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Purchased By The Institution |
182 | $92,730,000 |
$509,000 | $2,500,000 |
$303,000 | $3,852,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 MERCANTILE MORTGAGE CORP. by:
Metropolitan Area And
County
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