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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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MID-ISLAND MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MID-ISLAND MORTGAGE CORP. |
| Address | 900 MERCHANTS CONCOURSE
WESTBURY, NY 11590 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 507 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $146,151,000 |
| Average Mortgage Loan Amount Applied For | $240,722 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $84,527 |
| Highest Applicant Income | $620,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
188 | $54,408,000 |
$289,000 | $2,000,000 |
$110,000 | $620,000 |
| Refinancing |
319 | $91,743,000 |
$287,000 | $965,000 |
$72,000 | $250,000 |
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| American Indian or Alaskan Native |
2 | $447,000 |
$223,000 | $250,000 |
$49,000 | $54,000 |
| Asian |
3 | $828,000 |
$276,000 | $412,000 |
$111,000 | $171,000 |
| Black or African American |
144 | $41,491,000 |
$288,000 | $532,000 |
$67,000 | $174,000 |
| Hispanic |
83 | $22,184,000 |
$267,000 | $650,000 |
$70,000 | $204,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
275 | $81,201,000 |
$295,000 | $2,000,000 |
$101,000 | $620,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
420 | $119,520,000 |
$284,000 | $2,000,000 |
$88,000 | $620,000 |
| FHA-insured (Federal Housing Administration) |
87 | $26,631,000 |
$306,000 | $501,000 |
$74,000 | $161,000 |
| 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 |
49 | $17,082,000 |
$348,000 | $1,026,000 |
$94,000 | $420,000 |
| Application Denied By Financial Institution |
32 | $7,504,000 |
$234,000 | $560,000 |
$96,000 | $250,000 |
| Application Withdrawn By Applicant |
36 | $10,573,000 |
$293,000 | $501,000 |
$81,000 | $256,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
390 | $110,992,000 |
$284,000 | $2,000,000 |
$85,000 | $620,000 |
| 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 |
11 | $3,222,000 |
$292,000 | $560,000 |
$98,000 | $250,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $1,366,000 |
$136,000 | $355,000 |
$102,000 | $188,000 |
| Debt-To-Income Ratio |
3 | $728,000 |
$242,000 | $402,000 |
$58,000 | $69,000 |
| Employment History |
2 | $400,000 |
$200,000 | $353,000 |
$103,000 | $122,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $1,483,000 |
$296,000 | $400,000 |
$111,000 | $233,000 |
| Unverifiable Information |
1 | $305,000 |
$305,000 | $305,000 |
$51,000 | $51,000 |
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Mortgage Loan App Totals for MID-ISLAND MORTGAGE CORP. by:
Metropolitan Area And
County
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