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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 CENTRE, L.C.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE CENTRE, L.C. |
| Address | 225 WEST CENTRAL
ANDOVER, KS 67002 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 392 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $50,075,000 |
| Average Mortgage Loan Amount Applied For | $88,739 |
| Highest Mortgage Loan Amount Applied For | $743,000 |
| Average Applicant Income | $66,652 |
| Highest Applicant Income | $646,000 |
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| Home Improvement |
1 | $62,000 |
$62,000 | $62,000 |
$39,000 | $39,000 |
| Home Purchase |
310 | $37,143,000 |
$119,000 | $743,000 |
$72,000 | $646,000 |
| Refinancing |
81 | $12,870,000 |
$158,000 | $568,000 |
$82,000 | $310,000 |
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| American Indian or Alaskan Native |
1 | $125,000 |
$125,000 | $125,000 |
$223,000 | $223,000 |
| Asian |
3 | $288,000 |
$96,000 | $114,000 |
$52,000 | $130,000 |
| Black or African American |
3 | $428,000 |
$142,000 | $166,000 |
$96,000 | $140,000 |
| Hispanic |
9 | $886,000 |
$98,000 | $128,000 |
$44,000 | $75,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $52,000 |
$52,000 | $52,000 |
$12,000 | $12,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $248,000 |
$124,000 | $145,000 |
$52,000 | $68,000 |
| White |
373 | $48,048,000 |
$128,000 | $743,000 |
$75,000 | $646,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
312 | $41,949,000 |
$134,000 | $743,000 |
$82,000 | $646,000 |
| FHA-insured (Federal Housing Administration) |
54 | $4,881,000 |
$90,000 | $177,000 |
$44,000 | $121,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $104,000 |
$104,000 | $104,000 |
$34,000 | $34,000 |
| VA-guaranteed (Veterans Administration) |
25 | $3,141,000 |
$125,000 | $312,000 |
$49,000 | $103,000 |
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| Application Approved But Not Accepted |
30 | $3,265,000 |
$108,000 | $278,000 |
$51,000 | $123,000 |
| Application Denied By Financial Institution |
15 | $1,497,000 |
$99,000 | $266,000 |
$65,000 | $193,000 |
| Application Withdrawn By Applicant |
29 | $3,249,000 |
$112,000 | $308,000 |
$70,000 | $236,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
228 | $28,318,000 |
$124,000 | $461,000 |
$73,000 | $646,000 |
| Loan Purchased By The Institution |
90 | $13,746,000 |
$152,000 | $743,000 |
$88,000 | $448,000 |
| 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 |
2 | $87,000 |
$43,000 | $66,000 |
$72,000 | $130,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $620,000 |
$88,000 | $266,000 |
$59,000 | $100,000 |
| Debt-To-Income Ratio |
3 | $293,000 |
$97,000 | $122,000 |
$42,000 | $73,000 |
| Employment History |
1 | $135,000 |
$135,000 | $135,000 |
$30,000 | $30,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $362,000 |
$181,000 | $250,000 |
$134,000 | $193,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MORTGAGE CENTRE, L.C. by:
Metropolitan Area And
County
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