| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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MORTGAGE LION, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE LION, INC. |
| Address | 327 SOUTH MAIN STREET
FITZGERALD, GA 31750 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| Data Years (click a year for detail) | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,775 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $325,477,000 |
| Average Mortgage Loan Amount Applied For | $194,227 |
| Highest Mortgage Loan Amount Applied For | $2,100,000 |
| Average Applicant Income | $103,375 |
| Highest Applicant Income | $1,584,000 |
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| Home Improvement |
4 | $651,000 |
$151,000 | $270,000 |
$38,500 | $83,000 |
| Home Purchase |
1,181 | $213,906,000 |
$199,487 | $1,150,000 |
$106,564 | $1,584,000 |
| Refinancing |
590 | $110,920,000 |
$212,870 | $2,100,000 |
$110,741 | $1,574,000 |
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| American Indian or Alaskan Native |
16 | $2,004,000 |
$113,666 | $179,000 |
$68,000 | $174,000 |
| Asian |
123 | $24,235,000 |
$200,800 | $437,000 |
$80,133 | $278,000 |
| Black or African American |
143 | $23,318,000 |
$180,125 | $628,000 |
$85,937 | $305,000 |
| Hispanic |
79 | $14,088,000 |
$166,937 | $523,000 |
$92,562 | $380,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $1,522,000 |
$165,666 | $330,000 |
$71,000 | $131,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
89 | $15,505,000 |
$191,875 | $1,492,000 |
$85,750 | $606,000 |
| White |
1,314 | $244,805,000 |
$220,350 | $2,100,000 |
$125,875 | $1,584,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,775 | $325,477,000 |
$208,048 | $2,100,000 |
$112,292 | $1,584,000 |
| 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 |
49 | $9,104,000 |
$193,923 | $608,000 |
$89,769 | $258,000 |
| Application Denied By Financial Institution |
187 | $39,049,000 |
$194,037 | $1,492,000 |
$92,259 | $617,000 |
| Application Withdrawn By Applicant |
69 | $11,348,000 |
$188,750 | $544,000 |
$106,687 | $384,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,470 | $265,976,000 |
$212,219 | $2,100,000 |
$114,975 | $1,584,000 |
| 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 |
38 | $8,593,000 |
$192,181 | $768,000 |
$122,090 | $380,000 |
| Credit Application Incomplete |
1 | $257,000 |
$257,000 | $257,000 |
$0 | $0 |
| Credit History |
14 | $2,386,000 |
$177,800 | $259,000 |
$57,200 | $92,000 |
| Debt-To-Income Ratio |
27 | $4,641,000 |
$179,285 | $400,000 |
$69,714 | $134,000 |
| Employment History |
7 | $1,221,000 |
$182,800 | $261,000 |
$114,000 | $286,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $330,000 |
$330,000 | $330,000 |
$63,000 | $63,000 |
| Other |
96 | $20,943,000 |
$184,333 | $1,492,000 |
$89,400 | $617,000 |
| Unverifiable Information |
3 | $678,000 |
$226,000 | $359,000 |
$33,666 | $69,000 |
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Mortgage Loan Application Totals for MORTGAGE LION, INC. by:
Metropolitan Area And
County
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