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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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PREFERRED LENDING GROUP, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
PREFERRED LENDING GROUP, INC. |
| Address | 3910 HIGHWAY 81, S.W.
LOGANVILLE, GA 30052 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 183 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,542,000 |
| Average Mortgage Loan Amount Applied For | $126,740 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $47,370 |
| Highest Applicant Income | $1,226,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
139 | $18,320,000 |
$131,000 | $349,000 |
$63,000 | $1,226,000 |
| Refinancing |
44 | $7,222,000 |
$164,000 | $417,000 |
$52,000 | $211,000 |
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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 |
22 | $2,877,000 |
$130,000 | $275,000 |
$29,000 | $115,000 |
| Hispanic |
9 | $1,552,000 |
$172,000 | $333,000 |
$69,000 | $282,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
31 | $3,853,000 |
$124,000 | $349,000 |
$44,000 | $165,000 |
| White |
121 | $17,260,000 |
$142,000 | $417,000 |
$70,000 | $1,226,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
124 | $18,203,000 |
$146,000 | $417,000 |
$68,000 | $1,226,000 |
| FHA-insured (Federal Housing Administration) |
59 | $7,339,000 |
$124,000 | $231,000 |
$45,000 | $115,000 |
| 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 |
2 | $178,000 |
$89,000 | $92,000 |
$11,000 | $23,000 |
| Application Denied By Financial Institution |
4 | $339,000 |
$84,000 | $113,000 |
$23,000 | $27,000 |
| Application Withdrawn By Applicant |
35 | $4,338,000 |
$123,000 | $340,000 |
$41,000 | $211,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
142 | $20,687,000 |
$145,000 | $417,000 |
$67,000 | $1,226,000 |
| 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 PREFERRED LENDING GROUP, INC. by:
Metropolitan Area And
County
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