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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 LION, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE LION, INC. |
| Address | 327 SOUTH MAIN STREET
FITZGERALD, GA 31750 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,438 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $284,057,000 |
| Average Mortgage Loan Amount Applied For | $202,700 |
| Highest Mortgage Loan Amount Applied For | $1,611,000 |
| Average Applicant Income | $107,138 |
| Highest Applicant Income | $1,584,000 |
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| Home Improvement |
161 | $30,785,000 |
$191,000 | $999,000 |
$77,000 | $425,000 |
| Home Purchase |
842 | $161,736,000 |
$192,000 | $1,611,000 |
$108,000 | $1,553,000 |
| Refinancing |
435 | $91,536,000 |
$210,000 | $1,550,000 |
$90,000 | $1,584,000 |
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| American Indian or Alaskan Native |
8 | $990,000 |
$123,000 | $254,000 |
$85,000 | $178,000 |
| Asian |
55 | $10,210,000 |
$185,000 | $961,000 |
$91,000 | $278,000 |
| Black or African American |
125 | $20,918,000 |
$167,000 | $632,000 |
$106,000 | $1,584,000 |
| Hispanic |
104 | $20,159,000 |
$193,000 | $814,000 |
$87,000 | $600,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $935,000 |
$233,000 | $410,000 |
$56,000 | $110,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $124,000 |
$124,000 | $124,000 |
$36,000 | $36,000 |
| White |
1,141 | $230,721,000 |
$202,000 | $1,611,000 |
$100,000 | $1,553,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,438 | $284,057,000 |
$197,000 | $1,611,000 |
$99,000 | $1,584,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
114 | $23,353,000 |
$204,000 | $999,000 |
$88,000 | $425,000 |
| Application Denied By Financial Institution |
145 | $32,409,000 |
$223,000 | $1,383,000 |
$111,000 | $965,000 |
| Application Withdrawn By Applicant |
52 | $10,076,000 |
$193,000 | $1,611,000 |
$120,000 | $1,584,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,127 | $218,219,000 |
$193,000 | $1,550,000 |
$98,000 | $1,553,000 |
| 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 |
37 | $8,261,000 |
$223,000 | $1,105,000 |
$138,000 | $819,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
29 | $5,664,000 |
$195,000 | $499,000 |
$71,000 | $150,000 |
| Debt-To-Income Ratio |
14 | $3,223,000 |
$230,000 | $961,000 |
$66,000 | $233,000 |
| Employment History |
4 | $384,000 |
$96,000 | $223,000 |
$135,000 | $204,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $497,000 |
$248,000 | $255,000 |
$90,000 | $102,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
55 | $13,928,000 |
$253,000 | $1,383,000 |
$124,000 | $965,000 |
| Unverifiable Information |
4 | $452,000 |
$113,000 | $188,000 |
$114,000 | $150,000 |
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Mortgage Loan App Totals for MORTGAGE LION, INC. by:
Metropolitan Area And
County
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