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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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SIDUS FINANCIAL, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
SIDUS FINANCIAL, LLC |
| Address | 1905 TURNBURY DRIVE
GREENVILLE, NC 27858 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,800 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,228,929,000 |
| Average Mortgage Loan Amount Applied For | $179,242 |
| Highest Mortgage Loan Amount Applied For | $91,224,000 |
| Average Applicant Income | $92,247 |
| Highest Applicant Income | $8,000,000 |
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| Home Improvement |
34 | $4,357,000 |
$128,000 | $350,000 |
$39,000 | $160,000 |
| Home Purchase |
3,106 | $467,813,000 |
$150,000 | $1,463,000 |
$78,000 | $796,000 |
| Refinancing |
3,660 | $756,759,000 |
$206,000 | $91,224,000 |
$82,000 | $8,000,000 |
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| American Indian or Alaskan Native |
125 | $17,400,000 |
$139,000 | $564,000 |
$56,000 | $205,000 |
| Asian |
40 | $8,454,000 |
$211,000 | $492,000 |
$76,000 | $210,000 |
| Black or African American |
332 | $40,796,000 |
$122,000 | $564,000 |
$67,000 | $5,160,000 |
| Hispanic |
130 | $18,913,000 |
$145,000 | $480,000 |
$61,000 | $401,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $1,050,000 |
$116,000 | $169,000 |
$60,000 | $150,000 |
| Not applicable |
1 | $96,000 |
$96,000 | $96,000 |
$40,000 | $40,000 |
| Not Provided |
298 | $48,851,000 |
$163,000 | $750,000 |
$85,000 | $764,000 |
| White |
5,865 | $1,093,369,000 |
$186,000 | $91,224,000 |
$81,000 | $8,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,220 | $1,034,731,000 |
$166,000 | $3,000,000 |
$82,000 | $5,023,000 |
| FHA-insured (Federal Housing Administration) |
461 | $177,259,000 |
$384,000 | $91,224,000 |
$58,000 | $8,000,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
39 | $4,380,000 |
$112,000 | $194,000 |
$41,000 | $78,000 |
| VA-guaranteed (Veterans Administration) |
80 | $12,559,000 |
$156,000 | $380,000 |
$59,000 | $163,000 |
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| Application Approved But Not Accepted |
448 | $76,820,000 |
$171,000 | $1,000,000 |
$81,000 | $3,967,000 |
| Application Denied By Financial Institution |
505 | $77,206,000 |
$152,000 | $2,100,000 |
$62,000 | $660,000 |
| Application Withdrawn By Applicant |
436 | $76,382,000 |
$175,000 | $3,000,000 |
$78,000 | $1,144,000 |
| File Closed For Incompleteness |
80 | $13,689,000 |
$171,000 | $1,125,000 |
$82,000 | $398,000 |
| Loan Originated |
5,331 | $984,832,000 |
$184,000 | $91,224,000 |
$82,000 | $8,000,000 |
| 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 |
53 | $9,592,000 |
$180,000 | $1,350,000 |
$93,000 | $660,000 |
| Credit Application Incomplete |
4 | $313,000 |
$78,000 | $124,000 |
$22,000 | $56,000 |
| Credit History |
181 | $22,795,000 |
$125,000 | $750,000 |
$47,000 | $464,000 |
| Debt-To-Income Ratio |
86 | $14,302,000 |
$166,000 | $564,000 |
$61,000 | $218,000 |
| Employment History |
4 | $649,000 |
$162,000 | $228,000 |
$51,000 | $85,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
39 | $3,002,000 |
$76,000 | $185,000 |
$33,000 | $210,000 |
| Mortgage Insurance Denied |
1 | $16,000 |
$16,000 | $16,000 |
$17,000 | $17,000 |
| Other |
47 | $10,575,000 |
$225,000 | $2,100,000 |
$87,000 | $404,000 |
| Unverifiable Information |
6 | $1,133,000 |
$188,000 | $332,000 |
$99,000 | $210,000 |
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Mortgage Loan App Totals for SIDUS FINANCIAL, LLC by:
Metropolitan Area And
County
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