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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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RYLAND MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
RYLAND MORTGAGE COMPANY |
| Address | 14635 N KIERLAND BLVD, SUITE 200
SCOTTSDALE, AZ 85254 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 20,403 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,785,057,000 |
| Average Mortgage Loan Amount Applied For | $200,472 |
| Highest Mortgage Loan Amount Applied For | $716,000 |
| Average Applicant Income | $110,155 |
| Highest Applicant Income | $1,801,000 |
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| Home Improvement |
3 | $665,000 |
$221,000 | $372,000 |
$1,031,000 | $1,500,000 |
| Home Purchase |
20,392 | $3,782,227,000 |
$185,000 | $716,000 |
$94,000 | $1,801,000 |
| Refinancing |
8 | $2,165,000 |
$270,000 | $700,000 |
$89,000 | $143,000 |
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| American Indian or Alaskan Native |
91 | $15,361,000 |
$168,000 | $471,000 |
$92,000 | $376,000 |
| Asian |
2,466 | $497,959,000 |
$201,000 | $639,000 |
$100,000 | $726,000 |
| Black or African American |
2,314 | $417,207,000 |
$180,000 | $650,000 |
$85,000 | $750,000 |
| Hispanic |
2,853 | $542,578,000 |
$190,000 | $708,000 |
$87,000 | $1,248,000 |
| Native Hawaiin or Other Pacific Islander |
170 | $33,484,000 |
$196,000 | $521,000 |
$95,000 | $403,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,982 | $361,735,000 |
$182,000 | $648,000 |
$96,000 | $611,000 |
| White |
10,527 | $1,916,733,000 |
$182,000 | $716,000 |
$97,000 | $1,801,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
18,782 | $3,483,009,000 |
$185,000 | $716,000 |
$96,000 | $1,801,000 |
| FHA-insured (Federal Housing Administration) |
933 | $156,790,000 |
$168,000 | $368,000 |
$63,000 | $459,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
688 | $145,258,000 |
$211,000 | $417,000 |
$84,000 | $276,000 |
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| Application Approved But Not Accepted |
23 | $4,702,000 |
$204,000 | $596,000 |
$95,000 | $174,000 |
| Application Denied By Financial Institution |
567 | $117,982,000 |
$208,000 | $694,000 |
$74,000 | $375,000 |
| Application Withdrawn By Applicant |
5,533 | $1,061,271,000 |
$191,000 | $708,000 |
$92,000 | $1,478,000 |
| File Closed For Incompleteness |
2 | $280,000 |
$140,000 | $249,000 |
$47,000 | $47,000 |
| Loan Originated |
14,278 | $2,600,822,000 |
$182,000 | $716,000 |
$97,000 | $1,801,000 |
| 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 |
2 | $300,000 |
$150,000 | $240,000 |
$70,000 | $70,000 |
| Credit Application Incomplete |
18 | $4,425,000 |
$245,000 | $516,000 |
$79,000 | $158,000 |
| Credit History |
206 | $42,064,000 |
$204,000 | $506,000 |
$72,000 | $225,000 |
| Debt-To-Income Ratio |
168 | $35,403,000 |
$210,000 | $694,000 |
$62,000 | $216,000 |
| Employment History |
38 | $7,579,000 |
$199,000 | $671,000 |
$64,000 | $142,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
23 | $4,805,000 |
$208,000 | $551,000 |
$65,000 | $125,000 |
| Mortgage Insurance Denied |
1 | $168,000 |
$168,000 | $168,000 |
$76,000 | $76,000 |
| Other |
87 | $17,515,000 |
$201,000 | $567,000 |
$98,000 | $300,000 |
| Unverifiable Information |
23 | $5,530,000 |
$240,000 | $575,000 |
$101,000 | $240,000 |
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Mortgage Loan App Totals for RYLAND MORTGAGE COMPANY by:
Metropolitan Area And
County
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