|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
MORTGAGE COUNSELING SERVICES,
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
MORTGAGE COUNSELING SERVICES, |
| Address | 2565 JOLLY RD - SUITE 250
COLLEGE PARK, GA 30349 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 119 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,233,000 |
| Average Mortgage Loan Amount Applied For | $110,406 |
| Highest Mortgage Loan Amount Applied For | $292,000 |
| Average Applicant Income | $44,437 |
| Highest Applicant Income | $105,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
135 | $15,304,000 |
$113,000 | $275,000 |
$40,000 | $103,000 |
| Refinancing |
47 | $5,794,000 |
$123,000 | $292,000 |
$51,000 | $105,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
103 | $12,250,000 |
$118,000 | $257,000 |
$41,000 | $105,000 |
| Hispanic |
4 | $549,000 |
$137,000 | $224,000 |
$39,000 | $64,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $1,073,000 |
$97,000 | $148,000 |
$36,000 | $56,000 |
| White |
64 | $7,226,000 |
$112,000 | $292,000 |
$48,000 | $103,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
31 | $3,677,000 |
$118,000 | $292,000 |
$61,000 | $105,000 |
| FHA-insured (Federal Housing Administration) |
150 | $17,279,000 |
$115,000 | $257,000 |
$40,000 | $101,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $142,000 |
$142,000 | $142,000 |
$37,000 | $37,000 |
|
|
| Application Approved But Not Accepted |
3 | $295,000 |
$98,000 | $123,000 |
$22,000 | $33,000 |
| Application Denied By Financial Institution |
4 | $370,000 |
$92,000 | $113,000 |
$31,000 | $47,000 |
| Application Withdrawn By Applicant |
65 | $8,174,000 |
$125,000 | $275,000 |
$44,000 | $95,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
110 | $12,259,000 |
$111,000 | $292,000 |
$44,000 | $105,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $279,000 |
$93,000 | $113,000 |
$35,000 | $47,000 |
| Debt-To-Income Ratio |
1 | $91,000 |
$91,000 | $91,000 |
$17,000 | $17,000 |
| 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 |
|
Mortgage Loan App Totals for MORTGAGE COUNSELING SERVICES, by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
