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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 CENTRAL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE CENTRAL, INC. |
| Address | 205 BISHOPS WAY
BROOKFIELD, WI 53005 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,015 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $123,906,000 |
| Average Mortgage Loan Amount Applied For | $119,333 |
| Highest Mortgage Loan Amount Applied For | $616,000 |
| Average Applicant Income | $61,352 |
| Highest Applicant Income | $333,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
195 | $22,228,000 |
$113,000 | $368,000 |
$65,000 | $192,000 |
| Refinancing |
820 | $101,678,000 |
$123,000 | $616,000 |
$62,000 | $333,000 |
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| American Indian or Alaskan Native |
2 | $211,000 |
$105,000 | $120,000 |
$36,000 | $43,000 |
| Asian |
15 | $1,621,000 |
$108,000 | $246,000 |
$40,000 | $76,000 |
| Black or African American |
79 | $8,377,000 |
$106,000 | $309,000 |
$52,000 | $111,000 |
| Hispanic |
42 | $4,483,000 |
$106,000 | $315,000 |
$63,000 | $140,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $2,981,000 |
$149,000 | $417,000 |
$94,000 | $300,000 |
| White |
857 | $106,233,000 |
$123,000 | $616,000 |
$63,000 | $333,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
886 | $105,360,000 |
$118,000 | $616,000 |
$63,000 | $333,000 |
| FHA-insured (Federal Housing Administration) |
128 | $18,298,000 |
$142,000 | $236,000 |
$55,000 | $102,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $248,000 |
$248,000 | $248,000 |
$90,000 | $90,000 |
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| Application Approved But Not Accepted |
2 | $47,000 |
$23,000 | $33,000 |
$66,000 | $80,000 |
| Application Denied By Financial Institution |
36 | $3,598,000 |
$99,000 | $191,000 |
$57,000 | $101,000 |
| Application Withdrawn By Applicant |
39 | $3,733,000 |
$95,000 | $256,000 |
$56,000 | $113,000 |
| File Closed For Incompleteness |
91 | $10,879,000 |
$119,000 | $350,000 |
$57,000 | $146,000 |
| Loan Originated |
847 | $105,649,000 |
$124,000 | $616,000 |
$63,000 | $333,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MORTGAGE CENTRAL, INC. by:
Metropolitan Area And
County
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