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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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NATION ONE MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
NATION ONE MORTGAGE COMPANY |
| Address | 700 LONGWATER DRIVE
NORWELL, MA 02061 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,326 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $759,119,000 |
| Average Mortgage Loan Amount Applied For | $137,932 |
| Highest Mortgage Loan Amount Applied For | $1,475,000 |
| Average Applicant Income | $106,401 |
| Highest Applicant Income | $1,980,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
4,293 | $586,447,000 |
$136,000 | $1,000,000 |
$91,000 | $960,000 |
| Refinancing |
1,033 | $172,672,000 |
$167,000 | $1,475,000 |
$88,000 | $1,980,000 |
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| American Indian or Alaskan Native |
16 | $2,453,000 |
$153,000 | $560,000 |
$41,000 | $92,000 |
| Asian |
145 | $24,740,000 |
$170,000 | $1,295,000 |
$116,000 | $510,000 |
| Black or African American |
1,312 | $181,630,000 |
$138,000 | $907,000 |
$86,000 | $686,000 |
| Hispanic |
1,278 | $191,554,000 |
$149,000 | $1,000,000 |
$76,000 | $960,000 |
| Native Hawaiin or Other Pacific Islander |
19 | $3,539,000 |
$186,000 | $650,000 |
$100,000 | $266,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
282 | $40,739,000 |
$144,000 | $1,330,000 |
$87,000 | $1,512,000 |
| White |
2,274 | $314,464,000 |
$138,000 | $1,475,000 |
$99,000 | $1,980,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,326 | $759,119,000 |
$142,000 | $1,475,000 |
$90,000 | $1,980,000 |
| 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 |
1,270 | $177,861,000 |
$140,000 | $1,330,000 |
$98,000 | $1,980,000 |
| Application Denied By Financial Institution |
1,257 | $187,876,000 |
$149,000 | $1,475,000 |
$86,000 | $960,000 |
| Application Withdrawn By Applicant |
1,011 | $149,117,000 |
$147,000 | $1,000,000 |
$97,000 | $1,512,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,788 | $244,265,000 |
$136,000 | $907,000 |
$84,000 | $540,000 |
| 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 |
133 | $22,261,000 |
$167,000 | $1,475,000 |
$87,000 | $510,000 |
| Credit Application Incomplete |
6 | $985,000 |
$164,000 | $326,000 |
$76,000 | $138,000 |
| Credit History |
419 | $59,729,000 |
$142,000 | $680,000 |
$82,000 | $960,000 |
| Debt-To-Income Ratio |
65 | $8,553,000 |
$131,000 | $460,000 |
$85,000 | $210,000 |
| Employment History |
30 | $4,114,000 |
$137,000 | $862,000 |
$47,000 | $324,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
78 | $12,287,000 |
$157,000 | $784,000 |
$85,000 | $357,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
491 | $73,401,000 |
$149,000 | $1,295,000 |
$88,000 | $610,000 |
| Unverifiable Information |
35 | $6,546,000 |
$187,000 | $574,000 |
$135,000 | $543,000 |
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Mortgage Loan App Totals for NATION ONE MORTGAGE COMPANY by:
Metropolitan Area And
County
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