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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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METROBOSTON MORTGAGE CO., INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
METROBOSTON MORTGAGE CO., INC. |
| Address | 726 WASHINGTON STREET
CANTON, MA 02021 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 429 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $138,387,000 |
| Average Mortgage Loan Amount Applied For | $383,083 |
| Highest Mortgage Loan Amount Applied For | $4,290,000 |
| Average Applicant Income | $141,000 |
| Highest Applicant Income | $2,318,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
261 | $82,936,000 |
$317,000 | $3,500,000 |
$137,000 | $2,158,000 |
| Refinancing |
171 | $56,485,000 |
$330,000 | $4,290,000 |
$130,000 | $2,318,000 |
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| American Indian or Alaskan Native |
1 | $260,000 |
$260,000 | $260,000 |
$0 | $0 |
| Asian |
27 | $7,851,000 |
$290,000 | $638,000 |
$123,000 | $239,000 |
| Black or African American |
12 | $3,166,000 |
$263,000 | $428,000 |
$103,000 | $409,000 |
| Hispanic |
9 | $1,885,000 |
$209,000 | $352,000 |
$45,000 | $86,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $1,314,000 |
$187,000 | $384,000 |
$73,000 | $111,000 |
| White |
376 | $124,945,000 |
$332,000 | $4,290,000 |
$139,000 | $2,318,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
432 | $139,421,000 |
$322,000 | $4,290,000 |
$134,000 | $2,318,000 |
| 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 |
2 | $1,545,000 |
$772,000 | $880,000 |
$210,000 | $240,000 |
| Application Withdrawn By Applicant |
102 | $41,206,000 |
$403,000 | $4,290,000 |
$212,000 | $2,318,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
328 | $96,670,000 |
$294,000 | $2,000,000 |
$109,000 | $2,063,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $665,000 |
$665,000 | $665,000 |
$240,000 | $240,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $880,000 |
$880,000 | $880,000 |
$180,000 | $180,000 |
| 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 METROBOSTON MORTGAGE CO., INC. by:
Metropolitan Area And
County
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