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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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MORTGAGES UNLIMITED, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGES UNLIMITED, INC |
| Address | 303 N. KANSAS AVE. #A106
LIBERAL, KS 67901 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 106 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,213,000 |
| Average Mortgage Loan Amount Applied For | $78,125 |
| Highest Mortgage Loan Amount Applied For | $226,000 |
| Average Applicant Income | $44,812 |
| Highest Applicant Income | $345,000 |
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| Home Improvement |
1 | $60,000 |
$60,000 | $60,000 |
$20,000 | $20,000 |
| Home Purchase |
83 | $6,223,000 |
$74,000 | $201,000 |
$47,000 | $345,000 |
| Refinancing |
22 | $1,930,000 |
$87,000 | $226,000 |
$49,000 | $180,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
25 | $1,661,000 |
$66,000 | $128,000 |
$35,000 | $76,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
81 | $6,552,000 |
$80,000 | $226,000 |
$50,000 | $345,000 |
| White |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
54 | $3,749,000 |
$69,000 | $196,000 |
$48,000 | $345,000 |
| FHA-insured (Federal Housing Administration) |
46 | $3,679,000 |
$79,000 | $201,000 |
$42,000 | $91,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
6 | $785,000 |
$130,000 | $226,000 |
$73,000 | $92,000 |
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| Application Approved But Not Accepted |
1 | $69,000 |
$69,000 | $69,000 |
$60,000 | $60,000 |
| Application Denied By Financial Institution |
22 | $1,732,000 |
$78,000 | $175,000 |
$40,000 | $96,000 |
| Application Withdrawn By Applicant |
83 | $6,412,000 |
$77,000 | $226,000 |
$48,000 | $345,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
2 | $271,000 |
$135,000 | $175,000 |
$75,000 | $96,000 |
| Credit Application Incomplete |
2 | $174,000 |
$87,000 | $88,000 |
$36,000 | $52,000 |
| Credit History |
8 | $653,000 |
$81,000 | $128,000 |
$33,000 | $76,000 |
| Debt-To-Income Ratio |
7 | $466,000 |
$66,000 | $154,000 |
$42,000 | $70,000 |
| Employment History |
1 | $59,000 |
$59,000 | $59,000 |
$54,000 | $54,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $33,000 |
$33,000 | $33,000 |
$28,000 | $28,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $76,000 |
$76,000 | $76,000 |
$31,000 | $31,000 |
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Mortgage Loan App Totals for MORTGAGES UNLIMITED, INC by:
Metropolitan Area And
County
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