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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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RED MORTGAGE CAPITAL INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
RED MORTGAGE CAPITAL INC |
| Address | 1900 EAST NINTH ST. LOC: 01-3147
CLEVELAND, OH 44114 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 160 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,044,266,000 |
| Average Mortgage Loan Amount Applied For | $6,163,758 |
| Highest Mortgage Loan Amount Applied For | $53,282,000 |
| Average Applicant Income | $0 |
| Highest Applicant Income | $0 |
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| Home Improvement |
6 | $19,566,000 |
$3,261,000 | $4,496,000 |
$0 | $0 |
| Home Purchase |
154 | $1,024,700,000 |
$6,653,000 | $53,282,000 |
$0 | $0 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
160 | $1,044,266,000 |
$6,526,000 | $53,282,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
130 | $927,728,000 |
$7,136,000 | $53,282,000 |
$0 | $0 |
| FHA-insured (Federal Housing Administration) |
30 | $116,538,000 |
$3,884,000 | $16,500,000 |
$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 |
1 | $10,183,000 |
$10,183,000 | $10,183,000 |
$0 | $0 |
| Application Withdrawn By Applicant |
2 | $36,722,000 |
$18,361,000 | $34,077,000 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
157 | $997,361,000 |
$6,352,000 | $53,282,000 |
$0 | $0 |
| 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 |
1 | $10,183,000 |
$10,183,000 | $10,183,000 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for RED MORTGAGE CAPITAL INC by:
Metropolitan Area And
County
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