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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 HYLAND MORTGAGE LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MILLENNIUM HYLAND 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 | 1,543 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $289,783,000 |
| Average Mortgage Loan Amount Applied For | $167,767 |
| Highest Mortgage Loan Amount Applied For | $1,680,000 |
| Average Applicant Income | $86,845 |
| Highest Applicant Income | $900,000 |
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| Home Improvement |
12 | $2,557,000 |
$213,000 | $400,000 |
$126,000 | $300,000 |
| Home Purchase |
947 | $157,437,000 |
$166,000 | $1,680,000 |
$89,000 | $900,000 |
| Refinancing |
584 | $129,789,000 |
$222,000 | $1,505,000 |
$90,000 | $666,000 |
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| American Indian or Alaskan Native |
2 | $535,000 |
$267,000 | $443,000 |
$157,000 | $278,000 |
| Asian |
48 | $10,619,000 |
$221,000 | $731,000 |
$79,000 | $330,000 |
| Black or African American |
537 | $96,512,000 |
$179,000 | $1,680,000 |
$80,000 | $348,000 |
| Hispanic |
247 | $47,833,000 |
$193,000 | $920,000 |
$83,000 | $350,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
107 | $18,036,000 |
$168,000 | $620,000 |
$91,000 | $666,000 |
| White |
602 | $116,248,000 |
$193,000 | $1,505,000 |
$100,000 | $900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,514 | $283,279,000 |
$187,000 | $1,680,000 |
$89,000 | $666,000 |
| FHA-insured (Federal Housing Administration) |
26 | $5,739,000 |
$220,000 | $690,000 |
$73,000 | $171,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $235,000 |
$235,000 | $235,000 |
$900,000 | $900,000 |
| VA-guaranteed (Veterans Administration) |
2 | $530,000 |
$265,000 | $286,000 |
$64,000 | $79,000 |
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| Application Approved But Not Accepted |
156 | $27,085,000 |
$173,000 | $600,000 |
$83,000 | $245,000 |
| Application Denied By Financial Institution |
130 | $19,556,000 |
$150,000 | $792,000 |
$77,000 | $666,000 |
| Application Withdrawn By Applicant |
166 | $32,024,000 |
$192,000 | $940,000 |
$85,000 | $348,000 |
| File Closed For Incompleteness |
3 | $756,000 |
$252,000 | $378,000 |
$61,000 | $95,000 |
| Loan Originated |
1,088 | $210,362,000 |
$193,000 | $1,680,000 |
$92,000 | $900,000 |
| 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 |
24 | $2,309,000 |
$96,000 | $297,000 |
$82,000 | $216,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
27 | $4,609,000 |
$170,000 | $792,000 |
$61,000 | $240,000 |
| Debt-To-Income Ratio |
20 | $2,660,000 |
$133,000 | $352,000 |
$48,000 | $96,000 |
| Employment History |
4 | $980,000 |
$245,000 | $776,000 |
$40,000 | $72,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $435,000 |
$217,000 | $348,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
34 | $4,884,000 |
$143,000 | $488,000 |
$108,000 | $666,000 |
| Unverifiable Information |
19 | $3,679,000 |
$193,000 | $559,000 |
$87,000 | $144,000 |
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Mortgage Loan App Totals for MILLENNIUM HYLAND MORTGAGE LLC by:
Metropolitan Area And
County
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