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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 CAPITAL INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MILLENNIUM CAPITAL INC |
| Address | 1601 WASHINGTON PLAZA
RESTON, VA 20190 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 1,042 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $273,091,000 |
| Average Mortgage Loan Amount Applied For | $186,970 |
| Highest Mortgage Loan Amount Applied For | $20,000,000 |
| Average Applicant Income | $78,440 |
| Highest Applicant Income | $805,000 |
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| Home Improvement |
3 | $983,000 |
$317,000 | $488,000 |
$102,500 | $156,000 |
| Home Purchase |
655 | $151,909,000 |
$184,064 | $1,100,000 |
$93,387 | $805,000 |
| Refinancing |
384 | $120,199,000 |
$212,052 | $20,000,000 |
$72,736 | $700,000 |
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| American Indian or Alaskan Native |
2 | $408,000 |
$204,000 | $328,000 |
$98,000 | $175,000 |
| Asian |
167 | $47,910,000 |
$230,909 | $943,000 |
$135,454 | $744,000 |
| Black or African American |
159 | $33,702,000 |
$187,923 | $526,000 |
$69,076 | $272,000 |
| Hispanic |
141 | $34,239,000 |
$196,615 | $744,000 |
$71,153 | $294,000 |
| Native Hawaiin or Other Pacific Islander |
20 | $6,033,000 |
$251,500 | $650,000 |
$142,000 | $432,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
62 | $13,281,000 |
$205,333 | $1,100,000 |
$84,083 | $600,000 |
| White |
491 | $137,518,000 |
$187,343 | $20,000,000 |
$81,437 | $805,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
927 | $253,639,000 |
$202,730 | $20,000,000 |
$94,576 | $805,000 |
| FHA-insured (Federal Housing Administration) |
97 | $15,921,000 |
$144,272 | $356,000 |
$51,136 | $178,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
4 | $785,000 |
$196,000 | $396,000 |
$42,000 | $74,000 |
| VA-guaranteed (Veterans Administration) |
14 | $2,746,000 |
$172,400 | $301,000 |
$50,800 | $107,000 |
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| Application Approved But Not Accepted |
5 | $1,469,000 |
$304,666 | $408,000 |
$105,333 | $163,000 |
| Application Denied By Financial Institution |
12 | $2,212,000 |
$198,750 | $344,000 |
$48,000 | $114,000 |
| Application Withdrawn By Applicant |
16 | $3,160,000 |
$205,200 | $440,000 |
$80,200 | $168,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,009 | $266,250,000 |
$184,781 | $20,000,000 |
$80,812 | $805,000 |
| 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 |
4 | $782,000 |
$198,666 | $343,000 |
$53,666 | $74,000 |
| Debt-To-Income Ratio |
1 | $169,000 |
$169,000 | $169,000 |
$38,000 | $38,000 |
| 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 |
5 | $848,000 |
$169,000 | $344,000 |
$80,000 | $114,000 |
| Unverifiable Information |
2 | $413,000 |
$206,500 | $230,000 |
$50,500 | $101,000 |
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Mortgage Loan App Totals for MILLENNIUM CAPITAL INC by:
Metropolitan Area And
County
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