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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 PARTNERS, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE PARTNERS, INC |
| Address | 482 AIKEN AVENUE
DRACUT, MA 01826 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 840 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $172,254,000 |
| Average Mortgage Loan Amount Applied For | $222,935 |
| Highest Mortgage Loan Amount Applied For | $1,863,000 |
| Average Applicant Income | $105,096 |
| Highest Applicant Income | $5,339,000 |
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| Home Improvement |
1 | $46,000 |
$46,000 | $46,000 |
$60,000 | $60,000 |
| Home Purchase |
345 | $67,426,000 |
$195,000 | $825,000 |
$133,000 | $5,339,000 |
| Refinancing |
494 | $104,782,000 |
$212,000 | $1,863,000 |
$97,000 | $498,000 |
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| American Indian or Alaskan Native |
1 | $233,000 |
$233,000 | $233,000 |
$72,000 | $72,000 |
| Asian |
30 | $6,168,000 |
$205,000 | $744,000 |
$112,000 | $432,000 |
| Black or African American |
13 | $2,665,000 |
$205,000 | $350,000 |
$68,000 | $96,000 |
| Hispanic |
22 | $5,348,000 |
$243,000 | $635,000 |
$92,000 | $171,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $195,000 |
$97,000 | $125,000 |
$69,000 | $92,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
17 | $3,509,000 |
$206,000 | $417,000 |
$695,000 | $5,339,000 |
| White |
755 | $154,136,000 |
$204,000 | $1,863,000 |
$100,000 | $1,140,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
826 | $168,928,000 |
$204,000 | $1,863,000 |
$112,000 | $5,339,000 |
| FHA-insured (Federal Housing Administration) |
6 | $1,436,000 |
$239,000 | $354,000 |
$80,000 | $121,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $1,890,000 |
$236,000 | $332,000 |
$61,000 | $77,000 |
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| Application Approved But Not Accepted |
2 | $707,000 |
$353,000 | $417,000 |
$315,000 | $456,000 |
| Application Denied By Financial Institution |
4 | $584,000 |
$146,000 | $325,000 |
$78,000 | $108,000 |
| Application Withdrawn By Applicant |
33 | $7,801,000 |
$236,000 | $1,000,000 |
$103,000 | $480,000 |
| File Closed For Incompleteness |
3 | $435,000 |
$145,000 | $220,000 |
$37,000 | $42,000 |
| Loan Originated |
798 | $162,727,000 |
$203,000 | $1,863,000 |
$112,000 | $5,339,000 |
| 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 |
1 | $85,000 |
$85,000 | $85,000 |
$108,000 | $108,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $74,000 |
$74,000 | $74,000 |
$76,000 | $76,000 |
| 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 |
1 | $100,000 |
$100,000 | $100,000 |
$40,000 | $40,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MORTGAGE PARTNERS, INC by:
Metropolitan Area And
County
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