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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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SHELTER MORTGAGE COMPANY, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
SHELTER MORTGAGE COMPANY, LLC |
| Address | 4000 W BROWN DEER ROAD
BROWN DEER, WI 53209 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 9,824 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,639,076,000 |
| Average Mortgage Loan Amount Applied For | $174,155 |
| Highest Mortgage Loan Amount Applied For | $3,500,000 |
| Average Applicant Income | $97,463 |
| Highest Applicant Income | $5,472,000 |
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| Home Improvement |
58 | $12,795,000 |
$220,000 | $890,000 |
$122,000 | $1,250,000 |
| Home Purchase |
8,349 | $1,326,335,000 |
$158,000 | $3,500,000 |
$73,000 | $5,472,000 |
| Refinancing |
1,450 | $305,338,000 |
$210,000 | $2,000,000 |
$94,000 | $2,100,000 |
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| American Indian or Alaskan Native |
17 | $2,602,000 |
$153,000 | $336,000 |
$75,000 | $216,000 |
| Asian |
264 | $47,838,000 |
$181,000 | $1,543,000 |
$77,000 | $500,000 |
| Black or African American |
970 | $139,835,000 |
$144,000 | $963,000 |
$54,000 | $706,000 |
| Hispanic |
1,192 | $174,372,000 |
$146,000 | $1,000,000 |
$49,000 | $431,000 |
| Native Hawaiin or Other Pacific Islander |
33 | $5,324,000 |
$161,000 | $423,000 |
$69,000 | $353,000 |
| Not applicable |
2 | $245,000 |
$122,000 | $182,000 |
$241,000 | $241,000 |
| Not Provided |
304 | $47,452,000 |
$156,000 | $740,000 |
$78,000 | $1,250,000 |
| White |
7,075 | $1,226,800,000 |
$173,000 | $3,500,000 |
$84,000 | $5,472,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
8,945 | $1,502,419,000 |
$167,000 | $3,500,000 |
$78,000 | $5,472,000 |
| FHA-insured (Federal Housing Administration) |
664 | $93,681,000 |
$141,000 | $288,000 |
$53,000 | $310,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
10 | $1,685,000 |
$168,000 | $186,000 |
$37,000 | $54,000 |
| VA-guaranteed (Veterans Administration) |
238 | $46,683,000 |
$196,000 | $410,000 |
$63,000 | $259,000 |
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| Application Approved But Not Accepted |
369 | $63,874,000 |
$173,000 | $1,000,000 |
$75,000 | $774,000 |
| Application Denied By Financial Institution |
140 | $23,606,000 |
$168,000 | $1,360,000 |
$62,000 | $420,000 |
| Application Withdrawn By Applicant |
1,311 | $217,737,000 |
$166,000 | $2,000,000 |
$65,000 | $1,250,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
8,004 | $1,333,859,000 |
$166,000 | $3,500,000 |
$79,000 | $5,472,000 |
| 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 |
33 | $5,392,000 |
$163,000 | $600,000 |
$54,000 | $127,000 |
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| Collateral |
26 | $4,022,000 |
$154,000 | $402,000 |
$74,000 | $183,000 |
| Credit Application Incomplete |
12 | $1,594,000 |
$132,000 | $400,000 |
$58,000 | $126,000 |
| Credit History |
53 | $8,031,000 |
$151,000 | $398,000 |
$49,000 | $192,000 |
| Debt-To-Income Ratio |
36 | $6,321,000 |
$175,000 | $600,000 |
$45,000 | $126,000 |
| Employment History |
9 | $1,640,000 |
$182,000 | $252,000 |
$77,000 | $105,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
10 | $1,929,000 |
$192,000 | $298,000 |
$76,000 | $204,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
16 | $2,495,000 |
$155,000 | $349,000 |
$60,000 | $150,000 |
| Unverifiable Information |
11 | $2,966,000 |
$269,000 | $1,360,000 |
$108,000 | $420,000 |
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Mortgage Loan App Totals for SHELTER MORTGAGE COMPANY, LLC by:
Metropolitan Area And
County
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