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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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MURRAY FINANCIAL ASSOCIATES
Mortgage Loans and Application Details
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| Mortgage Company Name |
MURRAY FINANCIAL ASSOCIATES |
| Address | 406Q LIPPINCOTT DRIVE
MARLTON, NJ 08053 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 468 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $95,715,000 |
| Average Mortgage Loan Amount Applied For | $210,608 |
| Highest Mortgage Loan Amount Applied For | $1,700,000 |
| Average Applicant Income | $92,565 |
| Highest Applicant Income | $1,849,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
344 | $69,657,000 |
$143,500 | $1,700,000 |
$64,000 | $1,849,000 |
| Refinancing |
124 | $26,058,000 |
$151,500 | $1,000,000 |
$82,000 | $506,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
45 | $12,320,000 |
$273,000 | $1,700,000 |
$108,000 | $224,000 |
| Black or African American |
76 | $11,096,000 |
$105,500 | $423,000 |
$59,500 | $178,000 |
| Hispanic |
29 | $5,083,000 |
$139,500 | $410,000 |
$75,500 | $202,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
86 | $18,657,000 |
$216,000 | $1,150,000 |
$105,000 | $408,000 |
| White |
232 | $48,559,000 |
$150,000 | $1,000,000 |
$65,500 | $1,849,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
412 | $88,532,000 |
$154,500 | $1,700,000 |
$74,000 | $1,849,000 |
| FHA-insured (Federal Housing Administration) |
53 | $6,712,000 |
$95,500 | $206,000 |
$45,500 | $110,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $471,000 |
$157,000 | $178,000 |
$51,000 | $64,000 |
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| Application Approved But Not Accepted |
19 | $4,096,000 |
$215,000 | $405,000 |
$88,000 | $165,000 |
| Application Denied By Financial Institution |
16 | $2,627,000 |
$164,000 | $396,000 |
$79,000 | $224,000 |
| Application Withdrawn By Applicant |
38 | $10,646,000 |
$175,000 | $1,700,000 |
$70,500 | $253,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
395 | $78,346,000 |
$146,500 | $1,150,000 |
$71,000 | $1,849,000 |
| 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 |
2 | $325,000 |
$162,000 | $206,000 |
$48,000 | $60,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $93,000 |
$93,000 | $93,000 |
$24,000 | $24,000 |
| Debt-To-Income Ratio |
4 | $965,000 |
$241,000 | $396,000 |
$113,000 | $224,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $285,000 |
$285,000 | $285,000 |
$103,000 | $103,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $108,000 |
$36,000 | $64,000 |
$80,000 | $150,000 |
| Unverifiable Information |
1 | $332,000 |
$332,000 | $332,000 |
$117,000 | $117,000 |
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Mortgage Loan App Totals for MURRAY FINANCIAL ASSOCIATES by:
Metropolitan Area And
County
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