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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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OAKWOOD ACCEPTANCE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
OAKWOOD ACCEPTANCE CORPORATION |
| Address | 7800 MCCLOUD ROAD GREENSBORO, NC 27409 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 21,091 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,436,213,000 |
| Average Mortgage Loan Amount Applied For | $60,999 |
| Highest Mortgage Loan Amount Applied For | $1,078,000 |
| Average Applicant Income | $39,716 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
20,773 | $1,422,198,000 |
$62,250 | $1,078,000 |
$41,562 | $816,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
318 | $14,015,000 |
$47,655 | $153,000 |
$41,517 | $9,999,000 |
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| American Indian or Alaskan Native |
418 | $24,434,000 |
$60,032 | $199,000 |
$40,935 | $739,000 |
| Asian or Pacific Islander |
155 | $12,229,000 |
$67,086 | $291,000 |
$39,782 | $127,000 |
| Black |
3,140 | $195,353,000 |
$59,309 | $374,000 |
$37,904 | $816,000 |
| Hispanic |
2,225 | $155,011,000 |
$56,605 | $276,000 |
$38,684 | $225,000 |
| Information not provided by applicant in mail or telephone application |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
80 | $6,020,000 |
$68,095 | $192,000 |
$40,666 | $145,000 |
| White |
15,073 | $1,043,166,000 |
$62,553 | $1,078,000 |
$43,765 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
21,087 | $1,436,098,000 |
$62,020 | $1,078,000 |
$41,750 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
4 | $115,000 |
$33,666 | $60,000 |
$23,333 | $36,000 |
| 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 |
5,098 | $356,467,000 |
$62,978 | $267,000 |
$45,446 | $600,000 |
| Application Denied By Financial Institution |
13,901 | $929,224,000 |
$59,687 | $374,000 |
$37,541 | $9,999,000 |
| Application Withdrawn By Applicant |
82 | $5,483,000 |
$81,176 | $250,000 |
$43,764 | $173,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,010 | $145,039,000 |
$67,688 | $1,078,000 |
$49,400 | $506,000 |
| Loan Purchased By The 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 OAKWOOD ACCEPTANCE CORPORATION by:
Metropolitan Area And
County
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