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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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PREMIUM CAPITAL FUNDING
Mortgage Loans and Application Details
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| Mortgage Company Name |
PREMIUM CAPITAL FUNDING |
| Address | 125 JERICHO TURNPIKE
JERICHO, NY 11753 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,437 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,144,862,000 |
| Average Mortgage Loan Amount Applied For | $178,453 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $88,485 |
| Highest Applicant Income | $4,501,000 |
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| Home Improvement |
440 | $94,712,000 |
$215,000 | $1,275,000 |
$93,000 | $450,000 |
| Home Purchase |
1,753 | $332,748,000 |
$189,000 | $2,500,000 |
$117,000 | $4,501,000 |
| Refinancing |
3,244 | $717,402,000 |
$221,000 | $1,843,000 |
$101,000 | $1,293,000 |
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| American Indian or Alaskan Native |
7 | $1,529,000 |
$218,000 | $570,000 |
$71,000 | $124,000 |
| Asian |
57 | $14,143,000 |
$248,000 | $1,020,000 |
$135,000 | $458,000 |
| Black or African American |
449 | $96,423,000 |
$214,000 | $850,000 |
$88,000 | $680,000 |
| Hispanic |
468 | $89,119,000 |
$190,000 | $1,000,000 |
$86,000 | $366,000 |
| Native Hawaiin or Other Pacific Islander |
20 | $4,212,000 |
$210,000 | $594,000 |
$103,000 | $180,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3,387 | $707,834,000 |
$208,000 | $1,843,000 |
$110,000 | $4,501,000 |
| White |
1,049 | $231,602,000 |
$220,000 | $2,500,000 |
$105,000 | $1,080,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,437 | $1,144,862,000 |
$210,000 | $2,500,000 |
$105,000 | $4,501,000 |
| 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 |
1,186 | $246,870,000 |
$208,000 | $1,843,000 |
$106,000 | $780,000 |
| Application Denied By Financial Institution |
1,064 | $217,986,000 |
$204,000 | $1,500,000 |
$105,000 | $820,000 |
| Application Withdrawn By Applicant |
371 | $82,462,000 |
$222,000 | $980,000 |
$133,000 | $4,501,000 |
| File Closed For Incompleteness |
298 | $58,752,000 |
$197,000 | $1,400,000 |
$115,000 | $1,440,000 |
| Loan Originated |
2,518 | $538,792,000 |
$213,000 | $2,500,000 |
$100,000 | $1,293,000 |
| 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 |
154 | $39,566,000 |
$256,000 | $1,500,000 |
$123,000 | $660,000 |
| Credit Application Incomplete |
3 | $684,000 |
$228,000 | $336,000 |
$122,000 | $134,000 |
| Credit History |
278 | $57,111,000 |
$205,000 | $1,295,000 |
$96,000 | $684,000 |
| Debt-To-Income Ratio |
43 | $7,793,000 |
$181,000 | $508,000 |
$68,000 | $159,000 |
| Employment History |
23 | $5,938,000 |
$258,000 | $676,000 |
$104,000 | $314,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $235,000 |
$117,000 | $188,000 |
$62,000 | $62,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
237 | $46,477,000 |
$196,000 | $642,000 |
$109,000 | $820,000 |
| Unverifiable Information |
37 | $6,123,000 |
$165,000 | $404,000 |
$103,000 | $271,000 |
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Mortgage Loan App Totals for PREMIUM CAPITAL FUNDING by:
Metropolitan Area And
County
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