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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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MILLENNIUM BANK MORTGAGE LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MILLENNIUM BANK MORTGAGE LLC |
| Address | 8521 LEESBURG PIKE VIENNA, VA 22182 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 383 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $94,261,000 |
| Average Mortgage Loan Amount Applied For | $211,805 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $92,103 |
| Highest Applicant Income | $744,000 |
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| Home Improvement |
32 | $7,893,000 |
$246,000 | $517,000 |
$91,000 | $276,000 |
| Home Purchase |
217 | $49,784,000 |
$229,000 | $1,500,000 |
$105,000 | $420,000 |
| Refinancing |
134 | $36,584,000 |
$273,000 | $955,000 |
$102,000 | $744,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
136 | $35,306,000 |
$259,000 | $806,000 |
$112,000 | $420,000 |
| Black or African American |
89 | $16,039,000 |
$180,000 | $476,000 |
$79,000 | $744,000 |
| Hispanic |
35 | $9,219,000 |
$263,000 | $520,000 |
$91,000 | $216,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $395,000 |
$197,000 | $316,000 |
$77,000 | $78,000 |
| White |
121 | $33,302,000 |
$275,000 | $1,500,000 |
$114,000 | $540,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
381 | $93,779,000 |
$246,000 | $1,500,000 |
$103,000 | $744,000 |
| FHA-insured (Federal Housing Administration) |
2 | $482,000 |
$241,000 | $278,000 |
$70,000 | $85,000 |
| 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 |
6 | $983,000 |
$163,000 | $388,000 |
$73,000 | $240,000 |
| Application Withdrawn By Applicant |
71 | $14,388,000 |
$202,000 | $578,000 |
$93,000 | $744,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
306 | $78,890,000 |
$257,000 | $1,500,000 |
$105,000 | $540,000 |
| 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 |
2 | $485,000 |
$242,000 | $388,000 |
$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 |
4 | $498,000 |
$124,000 | $225,000 |
$110,000 | $240,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MILLENNIUM BANK MORTGAGE LLC by:
Metropolitan Area And
County
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