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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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MSDW CREDIT CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
MSDW CREDIT CORPORATION |
| Address | 2500 LAKE COOK RD
RIVERWOODS, IL 60015 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 24,156 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,609,860,000 |
| Average Mortgage Loan Amount Applied For | $181,886 |
| Highest Mortgage Loan Amount Applied For | $10,750,000 |
| Average Applicant Income | $118,759 |
| Highest Applicant Income | $7,750,000 |
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| Home Improvement (one-to-four family) |
1,003 | $95,786,000 |
$87,458 | $1,238,000 |
$94,562 | $1,333,000 |
| Home Purchase (one-to-four family) |
5,196 | $1,698,293,000 |
$255,627 | $5,070,000 |
$160,686 | $7,750,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
17,957 | $4,815,781,000 |
$233,882 | $10,750,000 |
$127,176 | $7,750,000 |
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| American Indian or Alaskan Native |
49 | $11,252,000 |
$195,333 | $1,008,000 |
$118,952 | $1,563,000 |
| Asian or Pacific Islander |
197 | $65,783,000 |
$338,310 | $3,000,000 |
$132,827 | $1,253,000 |
| Black |
183 | $45,954,000 |
$257,241 | $3,000,000 |
$150,793 | $2,147,000 |
| Hispanic |
178 | $55,985,000 |
$247,565 | $4,995,000 |
$121,913 | $815,000 |
| Information not provided by applicant in mail or telephone application |
16,501 | $4,506,751,000 |
$229,529 | $7,125,000 |
$134,941 | $7,750,000 |
| Not applicable |
5 | $6,307,000 |
$1,261,400 | $2,000,000 |
$859,400 | $1,294,000 |
| Other |
143 | $39,815,000 |
$288,451 | $2,532,000 |
$166,806 | $2,861,000 |
| White |
6,900 | $1,878,013,000 |
$242,470 | $10,750,000 |
$135,392 | $5,725,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
24,156 | $6,609,860,000 |
$232,274 | $10,750,000 |
$134,254 | $7,750,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
1,818 | $544,387,000 |
$247,882 | $4,000,000 |
$145,392 | $6,000,000 |
| Application Denied By Financial Institution |
1,935 | $650,195,000 |
$287,862 | $6,000,000 |
$149,411 | $7,750,000 |
| Application Withdrawn By Applicant |
2,164 | $829,520,000 |
$324,078 | $6,500,000 |
$189,686 | $6,200,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
18,239 | $4,585,758,000 |
$215,058 | $10,750,000 |
$121,666 | $5,557,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
225 | $93,982,000 |
$460,651 | $6,000,000 |
$191,395 | $5,557,000 |
| Credit Application Incomplete |
345 | $116,042,000 |
$270,974 | $2,400,000 |
$210,076 | $5,557,000 |
| Credit History |
570 | $171,456,000 |
$267,608 | $4,995,000 |
$234,152 | $7,750,000 |
| Debt-To-Income Ratio |
557 | $185,293,000 |
$273,978 | $4,713,000 |
$69,914 | $1,400,000 |
| Employment History |
23 | $6,597,000 |
$288,055 | $1,480,000 |
$101,277 | $480,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
127 | $41,275,000 |
$259,166 | $2,000,000 |
$143,866 | $3,254,000 |
| Unverifiable Information |
49 | $21,439,000 |
$342,782 | $2,133,000 |
$149,000 | $4,800,000 |
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Mortgage Loan App Totals for MSDW CREDIT CORPORATION by:
Metropolitan Area And
County
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