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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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MPOINT MORTGAGE SERVICES, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MPOINT MORTGAGE SERVICES, LLC |
| Address | 1655 CROFTON BLVD, STE 301 CROFTON, MD 21114 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 821 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $193,005,000 |
| Average Mortgage Loan Amount Applied For | $215,343 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $105,718 |
| Highest Applicant Income | $1,300,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
583 | $140,678,000 |
$241,000 | $1,000,000 |
$140,000 | $1,300,000 |
| Refinancing |
250 | $56,246,000 |
$224,000 | $900,000 |
$115,000 | $1,300,000 |
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| American Indian or Alaskan Native |
2 | $625,000 |
$312,000 | $560,000 |
$213,000 | $250,000 |
| Asian |
31 | $7,672,000 |
$247,000 | $578,000 |
$181,000 | $504,000 |
| Black or African American |
344 | $85,358,000 |
$248,000 | $1,000,000 |
$125,000 | $515,000 |
| Hispanic |
53 | $11,839,000 |
$223,000 | $650,000 |
$126,000 | $323,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $568,000 |
$189,000 | $304,000 |
$112,000 | $144,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
25 | $5,841,000 |
$233,000 | $566,000 |
$140,000 | $263,000 |
| White |
375 | $85,021,000 |
$226,000 | $900,000 |
$136,000 | $1,300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
828 | $196,175,000 |
$236,000 | $1,000,000 |
$133,000 | $1,300,000 |
| FHA-insured (Federal Housing Administration) |
5 | $749,000 |
$149,000 | $179,000 |
$47,000 | $70,000 |
| 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 |
8 | $1,892,000 |
$236,000 | $456,000 |
$151,000 | $240,000 |
| Application Denied By Financial Institution |
3 | $313,000 |
$104,000 | $186,000 |
$132,000 | $181,000 |
| Application Withdrawn By Applicant |
79 | $20,274,000 |
$256,000 | $667,000 |
$136,000 | $1,065,000 |
| File Closed For Incompleteness |
9 | $2,174,000 |
$241,000 | $508,000 |
$90,000 | $146,000 |
| Loan Originated |
734 | $172,271,000 |
$234,000 | $1,000,000 |
$133,000 | $1,300,000 |
| 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 MPOINT MORTGAGE SERVICES, LLC by:
Metropolitan Area And
County
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