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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 INVESTMENT SERVICES C
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE INVESTMENT SERVICES C |
| Address | 25055 W VALLEY PKWY STE 108
OLATHE, KS 66061 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 657 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $63,090,000 |
| Average Mortgage Loan Amount Applied For | $111,398 |
| Highest Mortgage Loan Amount Applied For | $830,000 |
| Average Applicant Income | $55,194 |
| Highest Applicant Income | $372,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
481 | $42,526,000 |
$88,000 | $580,000 |
$44,000 | $372,000 |
| Refinancing |
176 | $20,564,000 |
$116,000 | $830,000 |
$59,000 | $280,000 |
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| American Indian or Alaskan Native |
11 | $1,094,000 |
$99,000 | $260,000 |
$35,000 | $67,000 |
| Asian |
2 | $144,000 |
$72,000 | $96,000 |
$65,000 | $71,000 |
| Black or African American |
14 | $1,560,000 |
$111,000 | $204,000 |
$49,000 | $104,000 |
| Hispanic |
30 | $2,336,000 |
$77,000 | $173,000 |
$40,000 | $84,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $184,000 |
$184,000 | $184,000 |
$60,000 | $60,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
22 | $2,980,000 |
$135,000 | $360,000 |
$60,000 | $159,000 |
| White |
577 | $54,792,000 |
$94,000 | $830,000 |
$48,000 | $372,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
374 | $39,639,000 |
$105,000 | $830,000 |
$51,000 | $372,000 |
| FHA-insured (Federal Housing Administration) |
210 | $16,123,000 |
$76,000 | $203,000 |
$43,000 | $167,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
26 | $2,109,000 |
$81,000 | $153,000 |
$36,000 | $57,000 |
| VA-guaranteed (Veterans Administration) |
47 | $5,219,000 |
$111,000 | $336,000 |
$55,000 | $182,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
133 | $12,395,000 |
$93,000 | $830,000 |
$45,000 | $266,000 |
| Application Withdrawn By Applicant |
118 | $12,149,000 |
$102,000 | $417,000 |
$48,000 | $154,000 |
| File Closed For Incompleteness |
35 | $3,632,000 |
$103,000 | $360,000 |
$41,000 | $159,000 |
| Loan Originated |
371 | $34,914,000 |
$94,000 | $580,000 |
$50,000 | $372,000 |
| 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 |
15 | $2,089,000 |
$139,000 | $830,000 |
$55,000 | $266,000 |
| Credit Application Incomplete |
12 | $956,000 |
$79,000 | $150,000 |
$47,000 | $80,000 |
| Credit History |
81 | $6,903,000 |
$85,000 | $315,000 |
$48,000 | $144,000 |
| Debt-To-Income Ratio |
15 | $1,637,000 |
$109,000 | $248,000 |
$32,000 | $122,000 |
| Employment History |
6 | $409,000 |
$68,000 | $125,000 |
$30,000 | $58,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $69,000 |
$69,000 | $69,000 |
$51,000 | $51,000 |
| Mortgage Insurance Denied |
1 | $100,000 |
$100,000 | $100,000 |
$54,000 | $54,000 |
| Other |
2 | $232,000 |
$116,000 | $177,000 |
$11,000 | $23,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MORTGAGE INVESTMENT SERVICES C by:
Metropolitan Area And
County
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