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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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OAK STREET MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
OAK STREET MORTGAGE |
| Address | 11555 N MERIDIAN ST
CARMEL, IN 46032 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 84,868 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,863,825,000 |
| Average Mortgage Loan Amount Applied For | $111,476 |
| Highest Mortgage Loan Amount Applied For | $2,450,000 |
| Average Applicant Income | $57,618 |
| Highest Applicant Income | $1,750,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
9,763 | $1,311,097,000 |
$134,000 | $1,500,000 |
$71,000 | $1,750,000 |
| Refinancing |
75,105 | $10,552,728,000 |
$140,000 | $2,450,000 |
$66,000 | $1,664,000 |
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| American Indian or Alaskan Native |
192 | $25,692,000 |
$133,000 | $800,000 |
$65,000 | $600,000 |
| Asian |
587 | $115,170,000 |
$196,000 | $1,600,000 |
$88,000 | $800,000 |
| Black or African American |
8,775 | $1,179,414,000 |
$134,000 | $1,000,000 |
$61,000 | $1,200,000 |
| Hispanic |
3,907 | $651,626,000 |
$166,000 | $1,300,000 |
$70,000 | $720,000 |
| Native Hawaiin or Other Pacific Islander |
133 | $23,784,000 |
$178,000 | $1,000,000 |
$108,000 | $1,645,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
39,554 | $5,625,625,000 |
$142,000 | $2,450,000 |
$66,000 | $1,750,000 |
| White |
31,720 | $4,242,514,000 |
$133,000 | $2,000,000 |
$67,000 | $1,664,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
84,868 | $11,863,825,000 |
$139,000 | $2,450,000 |
$66,000 | $1,750,000 |
| 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 |
1,084 | $156,800,000 |
$144,000 | $738,000 |
$70,000 | $480,000 |
| Application Denied By Financial Institution |
31,652 | $4,365,255,000 |
$137,000 | $2,000,000 |
$62,000 | $1,750,000 |
| Application Withdrawn By Applicant |
41,234 | $5,952,349,000 |
$144,000 | $2,450,000 |
$69,000 | $1,664,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
10,898 | $1,389,421,000 |
$127,000 | $884,000 |
$69,000 | $1,593,000 |
| 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 |
2,724 | $359,946,000 |
$132,000 | $2,000,000 |
$60,000 | $640,000 |
| Credit Application Incomplete |
10,513 | $1,472,256,000 |
$140,000 | $1,900,000 |
$70,000 | $1,440,000 |
| Credit History |
8,334 | $1,055,531,000 |
$126,000 | $1,500,000 |
$52,000 | $1,462,000 |
| Debt-To-Income Ratio |
2,668 | $403,742,000 |
$151,000 | $1,013,000 |
$47,000 | $904,000 |
| Employment History |
114 | $14,984,000 |
$131,000 | $625,000 |
$59,000 | $422,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5,995 | $872,363,000 |
$145,000 | $1,400,000 |
$68,000 | $1,750,000 |
| Unverifiable Information |
1,304 | $186,433,000 |
$142,000 | $1,600,000 |
$65,000 | $800,000 |
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Mortgage Loan App Totals for OAK STREET MORTGAGE by:
Metropolitan Area And
County
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