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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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NOVASTAR HOME MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
NOVASTAR HOME MORTGAGE, INC. |
| Address | 8140 WARD PARKWAY
KANSAS CITY, MO 64114 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 11,290 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,810,675,000 |
| Average Mortgage Loan Amount Applied For | $148,497 |
| Highest Mortgage Loan Amount Applied For | $3,201,000 |
| Average Applicant Income | $5,547 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
4,306 | $594,346,000 |
$138,000 | $2,750,000 |
$2,000 | $300,000 |
| Refinancing |
6,984 | $1,216,329,000 |
$174,000 | $3,201,000 |
$9,000 | $1,200,000 |
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| American Indian or Alaskan Native |
18 | $3,989,000 |
$221,000 | $594,000 |
$23,000 | $156,000 |
| Asian |
42 | $11,777,000 |
$280,000 | $2,300,000 |
$24,000 | $168,000 |
| Black or African American |
1,484 | $205,114,000 |
$138,000 | $650,000 |
$11,000 | $300,000 |
| Hispanic |
283 | $56,880,000 |
$200,000 | $700,000 |
$17,000 | $252,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $2,516,000 |
$179,000 | $402,000 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6,420 | $1,056,724,000 |
$164,000 | $2,750,000 |
$4,000 | $1,200,000 |
| White |
3,029 | $473,675,000 |
$156,000 | $3,201,000 |
$8,000 | $377,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
11,272 | $1,808,701,000 |
$160,000 | $3,201,000 |
$7,000 | $1,200,000 |
| FHA-insured (Federal Housing Administration) |
6 | $599,000 |
$99,000 | $147,000 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $885,000 |
$110,000 | $165,000 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $490,000 |
$122,000 | $170,000 |
$0 | $0 |
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| Application Approved But Not Accepted |
325 | $60,681,000 |
$186,000 | $874,000 |
$73,000 | $404,000 |
| Application Denied By Financial Institution |
9,327 | $1,455,253,000 |
$156,000 | $2,750,000 |
$0 | $1,200,000 |
| Application Withdrawn By Applicant |
12 | $2,841,000 |
$236,000 | $714,000 |
$75,000 | $187,000 |
| File Closed For Incompleteness |
936 | $167,924,000 |
$179,000 | $3,201,000 |
$0 | $126,000 |
| Loan Originated |
690 | $123,976,000 |
$179,000 | $845,000 |
$67,000 | $377,000 |
| 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 |
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 NOVASTAR HOME MORTGAGE, INC. by:
Metropolitan Area And
County
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