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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 MARKET, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE MARKET, INC. |
| Address | 3850 N. CAUSEWAY BLVD. #725
METAIRIE, LA 70002 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 122 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,679,000 |
| Average Mortgage Loan Amount Applied For | $131,944 |
| Highest Mortgage Loan Amount Applied For | $529,000 |
| Average Applicant Income | $96,888 |
| Highest Applicant Income | $816,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
93 | $13,365,000 |
$143,000 | $257,000 |
$69,000 | $360,000 |
| Refinancing |
29 | $4,314,000 |
$148,000 | $529,000 |
$134,000 | $816,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $423,000 |
$105,000 | $150,000 |
$40,000 | $67,000 |
| Black or African American |
24 | $3,803,000 |
$158,000 | $257,000 |
$63,000 | $101,000 |
| Hispanic |
5 | $847,000 |
$169,000 | $220,000 |
$65,000 | $120,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
89 | $12,606,000 |
$141,000 | $529,000 |
$94,000 | $816,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
92 | $13,171,000 |
$143,000 | $529,000 |
$92,000 | $816,000 |
| FHA-insured (Federal Housing Administration) |
24 | $3,405,000 |
$141,000 | $193,000 |
$60,000 | $132,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
6 | $1,103,000 |
$183,000 | $257,000 |
$75,000 | $120,000 |
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| Application Approved But Not Accepted |
5 | $651,000 |
$130,000 | $220,000 |
$78,000 | $120,000 |
| Application Denied By Financial Institution |
9 | $1,053,000 |
$117,000 | $200,000 |
$31,000 | $55,000 |
| Application Withdrawn By Applicant |
8 | $963,000 |
$120,000 | $274,000 |
$69,000 | $144,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
100 | $15,012,000 |
$150,000 | $529,000 |
$91,000 | $816,000 |
| 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) |
1 | $147,000 |
$147,000 | $147,000 |
$43,000 | $43,000 |
| 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 MARKET, INC. by:
Metropolitan Area And
County
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