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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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NORTHWOOD MORTGAGE INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHWOOD MORTGAGE INC |
| Address | 6220 N BELTLINE RD # 200
IRVING, TX 75063 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 72 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,374,000 |
| Average Mortgage Loan Amount Applied For | $70,787 |
| Highest Mortgage Loan Amount Applied For | $160,000 |
| Average Applicant Income | $38,121 |
| Highest Applicant Income | $336,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
51 | $3,844,000 |
$83,000 | $160,000 |
$33,666 | $336,000 |
| Refinancing |
21 | $1,530,000 |
$72,000 | $146,000 |
$68,000 | $314,000 |
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| American Indian or Alaskan Native |
1 | $110,000 |
$110,000 | $110,000 |
$42,000 | $42,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
9 | $771,000 |
$87,500 | $160,000 |
$32,000 | $73,000 |
| Hispanic |
12 | $885,000 |
$73,000 | $147,000 |
$33,000 | $72,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
13 | $986,000 |
$75,000 | $119,000 |
$127,000 | $336,000 |
| White |
37 | $2,622,000 |
$79,666 | $130,000 |
$31,000 | $69,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
24 | $1,743,000 |
$72,000 | $138,000 |
$81,000 | $336,000 |
| FHA-insured (Federal Housing Administration) |
45 | $3,436,000 |
$83,333 | $160,000 |
$31,666 | $73,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $1,000 |
$1,000 | $1,000 |
$10,000 | $10,000 |
| VA-guaranteed (Veterans Administration) |
2 | $194,000 |
$97,000 | $100,000 |
$28,000 | $35,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
28 | $2,419,000 |
$87,000 | $160,000 |
$36,000 | $336,000 |
| Application Withdrawn By Applicant |
38 | $2,538,000 |
$79,500 | $146,000 |
$35,500 | $314,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
6 | $417,000 |
$69,000 | $103,000 |
$105,000 | $314,000 |
| 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 | $90,000 |
$90,000 | $90,000 |
$26,000 | $26,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $901,000 |
$81,500 | $137,000 |
$34,000 | $57,000 |
| Debt-To-Income Ratio |
3 | $337,000 |
$112,000 | $160,000 |
$38,000 | $54,000 |
| Employment History |
1 | $52,000 |
$52,000 | $52,000 |
$20,000 | $20,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $293,000 |
$97,000 | $114,000 |
$141,000 | $336,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $79,000 |
$79,000 | $79,000 |
$32,000 | $32,000 |
| Unverifiable Information |
1 | $147,000 |
$147,000 | $147,000 |
$56,000 | $56,000 |
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Mortgage Loan App Totals for NORTHWOOD MORTGAGE INC by:
Metropolitan Area And
County
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