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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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METAMERICA MORTGAGE BANKERS
Mortgage Loans and Application Details
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| Mortgage Company Name |
METAMERICA MORTGAGE BANKERS |
| Address | 5151 BONNEY ROAD
VIRGINIA BEACH, VA 23462 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,801 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $572,299,000 |
| Average Mortgage Loan Amount Applied For | $142,182 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $56,356 |
| Highest Applicant Income | $2,001,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
694 | $101,396,000 |
$146,000 | $1,271,000 |
$72,000 | $1,490,000 |
| Refinancing |
3,192 | $481,898,000 |
$150,000 | $1,400,000 |
$61,000 | $2,001,000 |
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| American Indian or Alaskan Native |
12 | $2,905,000 |
$242,000 | $536,000 |
$66,000 | $182,000 |
| Asian |
71 | $13,746,000 |
$193,000 | $725,000 |
$118,000 | $1,490,000 |
| Black or African American |
1,279 | $172,211,000 |
$134,000 | $828,000 |
$55,000 | $268,000 |
| Hispanic |
147 | $24,231,000 |
$164,000 | $527,000 |
$63,000 | $300,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $1,677,000 |
$129,000 | $297,000 |
$71,000 | $129,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
516 | $73,863,000 |
$143,000 | $654,000 |
$46,000 | $226,000 |
| White |
1,848 | $294,661,000 |
$159,000 | $1,400,000 |
$70,000 | $2,001,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,224 | $502,770,000 |
$155,000 | $1,400,000 |
$66,000 | $2,001,000 |
| FHA-insured (Federal Housing Administration) |
642 | $76,900,000 |
$119,000 | $349,000 |
$47,000 | $167,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
20 | $3,624,000 |
$181,000 | $260,000 |
$54,000 | $122,000 |
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| Application Approved But Not Accepted |
50 | $8,072,000 |
$161,000 | $710,000 |
$62,000 | $199,000 |
| Application Denied By Financial Institution |
380 | $49,695,000 |
$130,000 | $828,000 |
$50,000 | $300,000 |
| Application Withdrawn By Applicant |
1,196 | $178,799,000 |
$149,000 | $1,277,000 |
$59,000 | $1,490,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,260 | $346,728,000 |
$153,000 | $1,400,000 |
$67,000 | $2,001,000 |
| 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 |
1 | $84,000 |
$84,000 | $84,000 |
$93,000 | $93,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $1,401,000 |
$155,000 | $214,000 |
$46,000 | $79,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $25,000 |
$25,000 | $25,000 |
$18,000 | $18,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $102,000 |
$102,000 | $102,000 |
$18,000 | $18,000 |
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Mortgage Loan App Totals for METAMERICA MORTGAGE BANKERS by:
Metropolitan Area And
County
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