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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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MORTGAGE AVENUES
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE AVENUES |
| Address | 9025 E. KENYON AVENUE
DENVER, CO 80237 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 312 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $44,143,000 |
| Average Mortgage Loan Amount Applied For | $163,857 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $71,380 |
| Highest Applicant Income | $315,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
232 | $30,219,000 |
$105,000 | $900,000 |
$52,750 | $315,000 |
| Refinancing |
98 | $15,994,000 |
$129,333 | $440,000 |
$64,666 | $241,000 |
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| American Indian or Alaskan Native |
1 | $132,000 |
$132,000 | $132,000 |
$51,000 | $51,000 |
| Asian |
2 | $331,000 |
$165,000 | $182,000 |
$66,000 | $85,000 |
| Black or African American |
30 | $2,820,000 |
$80,333 | $251,000 |
$47,000 | $105,000 |
| Hispanic |
40 | $4,932,000 |
$111,000 | $348,000 |
$49,666 | $315,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $369,000 |
$369,000 | $369,000 |
$144,000 | $144,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $1,465,000 |
$97,666 | $460,000 |
$58,666 | $145,000 |
| White |
245 | $36,164,000 |
$108,750 | $900,000 |
$53,250 | $310,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
223 | $32,276,000 |
$108,250 | $900,000 |
$65,000 | $315,000 |
| FHA-insured (Federal Housing Administration) |
105 | $13,739,000 |
$118,500 | $247,000 |
$37,000 | $147,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $198,000 |
$99,000 | $158,000 |
$59,000 | $59,000 |
| 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 |
20 | $2,281,000 |
$111,666 | $237,000 |
$43,666 | $96,000 |
| Application Withdrawn By Applicant |
26 | $4,641,000 |
$123,000 | $420,000 |
$48,333 | $174,000 |
| File Closed For Incompleteness |
7 | $604,000 |
$86,000 | $197,000 |
$38,000 | $83,000 |
| Loan Originated |
277 | $38,687,000 |
$99,750 | $900,000 |
$64,750 | $315,000 |
| 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 |
3 | $291,000 |
$97,000 | $237,000 |
$62,000 | $96,000 |
| Credit History |
4 | $451,000 |
$112,000 | $158,000 |
$47,000 | $79,000 |
| 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 |
12 | $1,362,000 |
$101,333 | $221,000 |
$33,000 | $66,000 |
| Unverifiable Information |
1 | $177,000 |
$177,000 | $177,000 |
$68,000 | $68,000 |
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Mortgage Loan App Totals for MORTGAGE AVENUES by:
Metropolitan Area And
County
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