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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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PARAMOUNT MORTGAGE SERVICES, I
Mortgage Loans and Application Details
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| Mortgage Company Name |
PARAMOUNT MORTGAGE SERVICES, I |
| Address | 231 CROSSWICKS RD., SUITE 5
BORDENTOWN, NJ 08505-2602 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 306 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $41,840,000 |
| Average Mortgage Loan Amount Applied For | $134,250 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $53,106 |
| Highest Applicant Income | $764,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
85 | $13,904,000 |
$163,000 | $487,000 |
$73,000 | $406,000 |
| Refinancing |
222 | $28,180,000 |
$126,000 | $900,000 |
$51,000 | $764,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
69 | $9,271,000 |
$134,000 | $900,000 |
$49,000 | $270,000 |
| Hispanic |
8 | $1,441,000 |
$180,000 | $435,000 |
$50,000 | $144,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $272,000 |
$90,000 | $140,000 |
$33,000 | $37,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
227 | $31,100,000 |
$137,000 | $620,000 |
$60,000 | $764,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
307 | $42,084,000 |
$137,000 | $900,000 |
$57,000 | $764,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $307,000 |
$102,000 | $200,000 |
$50,000 | $57,000 |
| Application Withdrawn By Applicant |
138 | $18,833,000 |
$136,000 | $900,000 |
$53,000 | $764,000 |
| File Closed For Incompleteness |
88 | $10,244,000 |
$116,000 | $435,000 |
$48,000 | $764,000 |
| Loan Originated |
78 | $12,700,000 |
$162,000 | $510,000 |
$74,000 | $406,000 |
| 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 PARAMOUNT MORTGAGE SERVICES, I by:
Metropolitan Area And
County
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