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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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MLD MORTGAGE INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MLD MORTGAGE INC. |
| Address | 30B VREELAND ROAD
FLORHAM PARK, NJ 07932 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,482 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $673,694,000 |
| Average Mortgage Loan Amount Applied For | $238,296 |
| Highest Mortgage Loan Amount Applied For | $1,950,000 |
| Average Applicant Income | $123,696 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
217 | $34,956,000 |
$161,000 | $759,000 |
$146,000 | $600,000 |
| Refinancing |
2,265 | $638,738,000 |
$282,000 | $1,950,000 |
$125,000 | $1,800,000 |
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| American Indian or Alaskan Native |
4 | $1,591,000 |
$397,000 | $560,000 |
$141,000 | $222,000 |
| Asian |
148 | $42,765,000 |
$288,000 | $1,230,000 |
$137,000 | $1,200,000 |
| Black or African American |
148 | $33,326,000 |
$225,000 | $788,000 |
$112,000 | $414,000 |
| Hispanic |
136 | $35,545,000 |
$261,000 | $700,000 |
$100,000 | $342,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $2,362,000 |
$337,000 | $644,000 |
$113,000 | $150,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
635 | $171,293,000 |
$269,000 | $1,200,000 |
$122,000 | $984,000 |
| White |
1,404 | $386,812,000 |
$275,000 | $1,950,000 |
$132,000 | $1,800,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,482 | $673,694,000 |
$271,000 | $1,950,000 |
$127,000 | $1,800,000 |
| 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 |
17 | $4,328,000 |
$254,000 | $1,500,000 |
$175,000 | $1,484,000 |
| Application Withdrawn By Applicant |
844 | $226,720,000 |
$268,000 | $1,575,000 |
$123,000 | $1,200,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,621 | $442,646,000 |
$273,000 | $1,950,000 |
$129,000 | $1,800,000 |
| 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 | $3,569,000 |
$324,000 | $1,500,000 |
$232,000 | $1,484,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $196,000 |
$98,000 | $156,000 |
$64,000 | $74,000 |
| Debt-To-Income Ratio |
2 | $104,000 |
$52,000 | $81,000 |
$64,000 | $88,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MLD MORTGAGE INC. by:
Metropolitan Area And
County
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