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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 WAREHOUSE
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE WAREHOUSE |
| Address | 3 HUNTINGTON QUADRANGLE THIRD FLOOR
MELVILLE, NY 11747 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,923 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $975,450,000 |
| Average Mortgage Loan Amount Applied For | $184,591 |
| Highest Mortgage Loan Amount Applied For | $2,980,000 |
| Average Applicant Income | $62,700 |
| Highest Applicant Income | $3,000,000 |
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| Home Improvement |
11 | $2,690,000 |
$244,000 | $363,000 |
$20,000 | $120,000 |
| Home Purchase |
1,025 | $232,102,000 |
$226,000 | $1,800,000 |
$112,000 | $2,160,000 |
| Refinancing |
2,893 | $742,201,000 |
$256,000 | $2,980,000 |
$63,000 | $3,000,000 |
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| American Indian or Alaskan Native |
41 | $10,076,000 |
$245,000 | $435,000 |
$26,000 | $108,000 |
| Asian |
53 | $14,565,000 |
$274,000 | $640,000 |
$95,000 | $441,000 |
| Black or African American |
845 | $195,409,000 |
$231,000 | $970,000 |
$64,000 | $630,000 |
| Hispanic |
263 | $63,241,000 |
$240,000 | $625,000 |
$82,000 | $481,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $3,020,000 |
$274,000 | $383,000 |
$90,000 | $228,000 |
| Not applicable |
97 | $24,989,000 |
$257,000 | $628,000 |
$44,000 | $284,000 |
| Not Provided |
193 | $46,668,000 |
$241,000 | $2,625,000 |
$90,000 | $648,000 |
| White |
2,426 | $619,025,000 |
$255,000 | $2,980,000 |
$80,000 | $3,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,813 | $681,674,000 |
$242,000 | $2,980,000 |
$99,000 | $3,000,000 |
| FHA-insured (Federal Housing Administration) |
1,116 | $295,319,000 |
$264,000 | $554,000 |
$19,000 | $240,000 |
| 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 |
88 | $23,998,000 |
$272,000 | $975,000 |
$17,000 | $68,000 |
| Application Denied By Financial Institution |
76 | $14,013,000 |
$184,000 | $544,000 |
$80,000 | $182,000 |
| Application Withdrawn By Applicant |
1,035 | $239,415,000 |
$231,000 | $2,980,000 |
$88,000 | $3,000,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,730 | $699,567,000 |
$256,000 | $2,800,000 |
$73,000 | $1,211,000 |
| 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) |
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 WAREHOUSE by:
Metropolitan Area And
County
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