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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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NEW ENGLAND REGIONAL MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
NEW ENGLAND REGIONAL MORTGAGE |
| Address | 90 STILES RD, SUITE 201
SALEM, NH 03079 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 223 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $44,758,000 |
| Average Mortgage Loan Amount Applied For | $196,428 |
| Highest Mortgage Loan Amount Applied For | $1,495,000 |
| Average Applicant Income | $61,666 |
| Highest Applicant Income | $1,157,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
104 | $19,731,000 |
$189,000 | $1,495,000 |
$62,000 | $236,000 |
| Refinancing |
119 | $25,027,000 |
$210,000 | $600,000 |
$73,000 | $1,157,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
9 | $2,089,000 |
$232,000 | $416,000 |
$75,000 | $236,000 |
| Black or African American |
3 | $570,000 |
$190,000 | $316,000 |
$43,000 | $59,000 |
| Hispanic |
19 | $5,145,000 |
$270,000 | $463,000 |
$58,000 | $226,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $220,000 |
$220,000 | $220,000 |
$74,000 | $74,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
191 | $36,734,000 |
$192,000 | $1,495,000 |
$69,000 | $1,157,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
186 | $36,301,000 |
$195,000 | $1,495,000 |
$71,000 | $1,157,000 |
| FHA-insured (Federal Housing Administration) |
33 | $7,325,000 |
$221,000 | $377,000 |
$47,000 | $113,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $1,132,000 |
$283,000 | $396,000 |
$70,000 | $84,000 |
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| Application Approved But Not Accepted |
24 | $5,450,000 |
$227,000 | $600,000 |
$116,000 | $1,157,000 |
| Application Denied By Financial Institution |
13 | $2,293,000 |
$176,000 | $324,000 |
$59,000 | $119,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
186 | $37,015,000 |
$199,000 | $1,495,000 |
$62,000 | $266,000 |
| 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 |
1 | $316,000 |
$316,000 | $316,000 |
$59,000 | $59,000 |
| 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 NEW ENGLAND REGIONAL MORTGAGE by:
Metropolitan Area And
County
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