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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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ROSE ACCEPTANCE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
ROSE ACCEPTANCE, INC. |
| Address | 241 EAST SAGINAW/PO BOX 980
EAST LANSING, MI 48826 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 14 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $483,000 |
| Average Mortgage Loan Amount Applied For | $29,363 |
| Highest Mortgage Loan Amount Applied For | $81,000 |
| Average Applicant Income | $36,909 |
| Highest Applicant Income | $84,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
14 | $483,000 |
$34,000 | $81,000 |
$37,000 | $84,000 |
| 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 |
1 | $15,000 |
$15,000 | $15,000 |
$16,000 | $16,000 |
| Hispanic |
5 | $192,000 |
$38,000 | $57,000 |
$42,000 | $84,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4 | $68,000 |
$17,000 | $28,000 |
$34,000 | $50,000 |
| White |
4 | $208,000 |
$52,000 | $81,000 |
$38,000 | $68,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
14 | $483,000 |
$34,000 | $81,000 |
$37,000 | $84,000 |
| 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 |
3 | $40,000 |
$13,000 | $20,000 |
$39,000 | $50,000 |
| Application Denied By Financial Institution |
9 | $370,000 |
$41,000 | $81,000 |
$34,000 | $84,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
2 | $73,000 |
$36,000 | $50,000 |
$46,000 | $68,000 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$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 |
7 | $310,000 |
$44,000 | $81,000 |
$29,000 | $44,000 |
| Debt-To-Income Ratio |
1 | $28,000 |
$28,000 | $28,000 |
$19,000 | $19,000 |
| 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 | $32,000 |
$32,000 | $32,000 |
$84,000 | $84,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ROSE ACCEPTANCE, INC. by:
Metropolitan Area And
County
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