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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 SERVICES INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE SERVICES INC. |
| Address | 2323 N MAYFAIR RD
WAUWATOSA, WI 53226 |
| Agency | Federal Reserve System (FRS) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 6,095 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $988,288,000 |
| Average Mortgage Loan Amount Applied For | $158,395 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $91,663 |
| Highest Applicant Income | $2,481,000 |
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| Home Improvement |
77 | $12,699,000 |
$146,500 | $450,000 |
$67,800 | $260,000 |
| Home Purchase |
2,020 | $317,050,000 |
$180,333 | $650,000 |
$93,119 | $1,418,000 |
| Refinancing |
4,017 | $660,984,000 |
$167,418 | $1,000,000 |
$104,488 | $2,481,000 |
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| American Indian or Alaskan Native |
13 | $2,000,000 |
$168,555 | $322,000 |
$90,000 | $210,000 |
| Asian |
680 | $137,450,000 |
$253,047 | $650,000 |
$117,428 | $684,000 |
| Black or African American |
147 | $19,285,000 |
$133,687 | $410,000 |
$75,125 | $300,000 |
| Hispanic |
341 | $51,310,000 |
$136,600 | $387,000 |
$83,360 | $794,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $1,486,000 |
$185,000 | $259,000 |
$78,000 | $142,000 |
| Not applicable |
199 | $34,440,000 |
$165,428 | $334,000 |
$0 | $0 |
| Not Provided |
321 | $50,027,000 |
$164,518 | $649,000 |
$94,370 | $676,000 |
| White |
4,405 | $694,735,000 |
$174,244 | $1,000,000 |
$104,822 | $2,481,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,758 | $954,225,000 |
$173,844 | $1,000,000 |
$102,688 | $2,481,000 |
| FHA-insured (Federal Housing Administration) |
196 | $21,372,000 |
$100,916 | $272,000 |
$34,583 | $145,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
111 | $8,659,000 |
$84,857 | $149,000 |
$37,857 | $67,000 |
| VA-guaranteed (Veterans Administration) |
49 | $6,477,000 |
$131,250 | $245,000 |
$49,250 | $113,000 |
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| Application Approved But Not Accepted |
100 | $17,125,000 |
$174,777 | $435,000 |
$90,388 | $264,000 |
| Application Denied By Financial Institution |
467 | $78,845,000 |
$165,735 | $650,000 |
$86,852 | $597,000 |
| Application Withdrawn By Applicant |
73 | $9,999,000 |
$131,363 | $1,000,000 |
$82,727 | $422,000 |
| File Closed For Incompleteness |
451 | $75,855,000 |
$159,586 | $550,000 |
$83,517 | $703,000 |
| Loan Originated |
4,805 | $772,024,000 |
$174,418 | $650,000 |
$104,372 | $2,481,000 |
| Loan Purchased By The Institution |
199 | $34,440,000 |
$165,428 | $334,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
19 | $2,445,000 |
$128,000 | $281,000 |
$57,000 | $121,000 |
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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) |
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 |
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Mortgage Loan App Totals for MORTGAGE SERVICES INC. by:
Metropolitan Area And
County
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