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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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NETWORK MORTGAGE SERVICES, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
NETWORK MORTGAGE SERVICES, INC |
| Address | 19101 36TH AVENUE W, SUITE 103
LYNNWOOD, WA 98036 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 819 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $168,887,000 |
| Average Mortgage Loan Amount Applied For | $174,818 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $63,030 |
| Highest Applicant Income | $713,000 |
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| Home Improvement |
2 | $674,000 |
$337,000 | $517,000 |
$92,000 | $132,000 |
| Home Purchase |
517 | $107,681,000 |
$208,000 | $688,000 |
$78,000 | $713,000 |
| Refinancing |
300 | $60,532,000 |
$201,000 | $700,000 |
$80,000 | $348,000 |
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| American Indian or Alaskan Native |
4 | $1,438,000 |
$359,000 | $517,000 |
$97,000 | $163,000 |
| Asian |
21 | $4,497,000 |
$214,000 | $500,000 |
$77,000 | $225,000 |
| Black or African American |
52 | $10,095,000 |
$194,000 | $390,000 |
$76,000 | $238,000 |
| Hispanic |
33 | $6,247,000 |
$189,000 | $352,000 |
$68,000 | $162,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $1,953,000 |
$195,000 | $348,000 |
$85,000 | $111,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
19 | $4,015,000 |
$211,000 | $364,000 |
$75,000 | $348,000 |
| White |
680 | $140,642,000 |
$206,000 | $700,000 |
$80,000 | $713,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
473 | $96,687,000 |
$204,000 | $700,000 |
$93,000 | $713,000 |
| FHA-insured (Federal Housing Administration) |
199 | $39,398,000 |
$197,000 | $347,000 |
$60,000 | $177,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $273,000 |
$273,000 | $273,000 |
$62,000 | $62,000 |
| VA-guaranteed (Veterans Administration) |
146 | $32,529,000 |
$222,000 | $409,000 |
$58,000 | $143,000 |
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| Application Approved But Not Accepted |
12 | $2,874,000 |
$239,000 | $451,000 |
$71,000 | $130,000 |
| Application Denied By Financial Institution |
50 | $10,649,000 |
$212,000 | $511,000 |
$62,000 | $192,000 |
| Application Withdrawn By Applicant |
19 | $3,509,000 |
$184,000 | $328,000 |
$79,000 | $348,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
737 | $151,681,000 |
$205,000 | $700,000 |
$80,000 | $713,000 |
| Loan Purchased By The Institution |
1 | $174,000 |
$174,000 | $174,000 |
$80,000 | $80,000 |
| 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 NETWORK MORTGAGE SERVICES, INC by:
Metropolitan Area And
County
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