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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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RESIDENTIAL LENDING CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
RESIDENTIAL LENDING CORP |
| Address | 3039 PREMIERE PARKWAY SUITE 100C
DULUTH, GA 30097 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 543 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $72,236,000 |
| Average Mortgage Loan Amount Applied For | $119,567 |
| Highest Mortgage Loan Amount Applied For | $495,000 |
| Average Applicant Income | $44,891 |
| Highest Applicant Income | $257,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
424 | $56,239,000 |
$117,500 | $495,000 |
$40,000 | $183,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
120 | $16,175,000 |
$119,333 | $330,000 |
$55,333 | $257,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
1 | $126,000 |
$126,000 | $126,000 |
$68,000 | $68,000 |
| Black |
441 | $58,939,000 |
$117,000 | $495,000 |
$52,333 | $257,000 |
| Hispanic |
20 | $2,584,000 |
$129,000 | $218,000 |
$33,000 | $84,000 |
| Information not provided by applicant in mail or telephone application |
48 | $6,329,000 |
$129,000 | $264,000 |
$44,000 | $128,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
34 | $4,436,000 |
$130,000 | $322,000 |
$43,000 | $183,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
161 | $24,339,000 |
$138,500 | $484,000 |
$56,500 | $257,000 |
| FHA-insured (Federal Housing Administration) |
369 | $45,249,000 |
$99,000 | $179,000 |
$40,000 | $170,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
11 | $2,417,000 |
$219,000 | $495,000 |
$90,000 | $153,000 |
| VA-guaranteed (Veterans Administration) |
3 | $409,000 |
$136,000 | $193,000 |
$41,000 | $50,000 |
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| Application Approved But Not Accepted |
41 | $6,649,000 |
$154,000 | $495,000 |
$62,500 | $153,000 |
| Application Denied By Financial Institution |
38 | $4,913,000 |
$124,500 | $322,000 |
$50,500 | $120,000 |
| Application Withdrawn By Applicant |
23 | $3,599,000 |
$156,000 | $308,000 |
$73,000 | $257,000 |
| File Closed For Incompleteness |
10 | $1,358,000 |
$135,000 | $204,000 |
$48,000 | $115,000 |
| Loan Originated |
432 | $55,895,000 |
$104,500 | $484,000 |
$40,000 | $210,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $148,000 |
$148,000 | $148,000 |
$57,000 | $57,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
12 | $1,536,000 |
$128,000 | $193,000 |
$39,000 | $55,000 |
| Debt-To-Income Ratio |
6 | $591,000 |
$98,000 | $136,000 |
$30,000 | $42,000 |
| Employment History |
1 | $152,000 |
$152,000 | $152,000 |
$37,000 | $37,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $180,000 |
$180,000 | $180,000 |
$99,000 | $99,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for RESIDENTIAL LENDING CORP by:
Metropolitan Area And
County
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