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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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SHERWOOD MORTGAGE GROUP, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
SHERWOOD MORTGAGE GROUP, INC |
| Address | 12 MAIN ST
LEOMINSTER, MA 01453 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,178 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $250,478,000 |
| Average Mortgage Loan Amount Applied For | $212,781 |
| Highest Mortgage Loan Amount Applied For | $1,250,000 |
| Average Applicant Income | $123,781 |
| Highest Applicant Income | $780,000 |
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| Home Improvement |
2 | $16,000 |
$8,000 | $8,000 |
$49,000 | $54,000 |
| Home Purchase |
546 | $111,548,000 |
$204,000 | $988,000 |
$111,000 | $553,000 |
| Refinancing |
630 | $138,914,000 |
$220,000 | $1,250,000 |
$130,000 | $780,000 |
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| American Indian or Alaskan Native |
1 | $56,000 |
$56,000 | $56,000 |
$70,000 | $70,000 |
| Asian |
21 | $5,186,000 |
$246,000 | $950,000 |
$119,000 | $481,000 |
| Black or African American |
21 | $4,037,000 |
$192,000 | $462,000 |
$71,000 | $168,000 |
| Hispanic |
70 | $12,042,000 |
$172,000 | $432,000 |
$83,000 | $225,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
446 | $98,653,000 |
$221,000 | $1,250,000 |
$147,000 | $755,000 |
| White |
619 | $130,504,000 |
$210,000 | $1,170,000 |
$109,000 | $780,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,170 | $248,794,000 |
$212,000 | $1,250,000 |
$122,000 | $780,000 |
| FHA-insured (Federal Housing Administration) |
7 | $1,518,000 |
$216,000 | $286,000 |
$61,000 | $112,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $166,000 |
$166,000 | $166,000 |
$46,000 | $46,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
4 | $900,000 |
$225,000 | $333,000 |
$53,000 | $76,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,174 | $249,578,000 |
$212,000 | $1,250,000 |
$121,000 | $780,000 |
| 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 |
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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SHERWOOD MORTGAGE GROUP, INC by:
Metropolitan Area And
County
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