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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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Q LENDING INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
Q LENDING INC. |
| Address | 2600 S DOUGLAS RD. SUITE 700
CORAL GABLES, FL 33134 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 603 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $83,390,000 |
| Average Mortgage Loan Amount Applied For | $165,850 |
| Highest Mortgage Loan Amount Applied For | $956,000 |
| Average Applicant Income | $105,800 |
| Highest Applicant Income | $845,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
565 | $75,933,000 |
$134,000 | $956,000 |
$90,000 | $845,000 |
| Refinancing |
38 | $7,457,000 |
$196,000 | $560,000 |
$129,000 | $600,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
9 | $1,355,000 |
$150,000 | $270,000 |
$82,000 | $173,000 |
| Black or African American |
26 | $3,116,000 |
$119,000 | $239,000 |
$99,000 | $845,000 |
| Hispanic |
416 | $57,605,000 |
$138,000 | $956,000 |
$96,000 | $845,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
17 | $2,231,000 |
$131,000 | $291,000 |
$70,000 | $175,000 |
| White |
135 | $19,083,000 |
$141,000 | $380,000 |
$85,000 | $845,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
560 | $78,142,000 |
$139,000 | $956,000 |
$96,000 | $845,000 |
| FHA-insured (Federal Housing Administration) |
41 | $5,029,000 |
$122,000 | $198,000 |
$52,000 | $183,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $219,000 |
$109,000 | $122,000 |
$44,000 | $58,000 |
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| Application Approved But Not Accepted |
73 | $9,567,000 |
$131,000 | $274,000 |
$90,000 | $300,000 |
| Application Denied By Financial Institution |
14 | $1,657,000 |
$118,000 | $340,000 |
$62,000 | $132,000 |
| Application Withdrawn By Applicant |
340 | $51,929,000 |
$152,000 | $956,000 |
$101,000 | $845,000 |
| File Closed For Incompleteness |
2 | $318,000 |
$159,000 | $169,000 |
$81,000 | $96,000 |
| Loan Originated |
174 | $19,919,000 |
$114,000 | $440,000 |
$81,000 | $300,000 |
| 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 |
2 | $161,000 |
$80,000 | $113,000 |
$28,000 | $32,000 |
| 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 |
1 | $141,000 |
$141,000 | $141,000 |
$49,000 | $49,000 |
| Unverifiable Information |
1 | $158,000 |
$158,000 | $158,000 |
$72,000 | $72,000 |
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Mortgage Loan App Totals for Q LENDING INC. by:
Metropolitan Area And
County
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