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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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SILVER MORTGAGE BANCORP INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
SILVER MORTGAGE BANCORP INC. |
| Address | 1001 E. CHICAGO AVENUE
NAPERVILLE, IL 60540 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 82 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,806,000 |
| Average Mortgage Loan Amount Applied For | $187,333 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $138,600 |
| Highest Applicant Income | $554,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
40 | $7,147,000 |
$178,000 | $650,000 |
$107,000 | $554,000 |
| Refinancing |
42 | $9,659,000 |
$229,000 | $500,000 |
$102,000 | $336,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
11 | $2,231,000 |
$202,000 | $482,000 |
$71,000 | $104,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
71 | $14,575,000 |
$205,000 | $650,000 |
$110,000 | $554,000 |
| White |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
81 | $16,654,000 |
$205,000 | $650,000 |
$105,000 | $554,000 |
| FHA-insured (Federal Housing Administration) |
1 | $152,000 |
$152,000 | $152,000 |
$25,000 | $25,000 |
| 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 |
2 | $325,000 |
$162,000 | $260,000 |
$86,000 | $86,000 |
| Application Denied By Financial Institution |
7 | $1,410,000 |
$201,000 | $482,000 |
$104,000 | $336,000 |
| Application Withdrawn By Applicant |
31 | $5,273,000 |
$170,000 | $650,000 |
$94,000 | $250,000 |
| File Closed For Incompleteness |
12 | $2,210,000 |
$184,000 | $500,000 |
$84,000 | $187,000 |
| Loan Originated |
30 | $7,588,000 |
$252,000 | $439,000 |
$125,000 | $554,000 |
| 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 | $235,000 |
$117,000 | $163,000 |
$41,000 | $59,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $55,000 |
$55,000 | $55,000 |
$123,000 | $123,000 |
| Debt-To-Income Ratio |
1 | $152,000 |
$152,000 | $152,000 |
$25,000 | $25,000 |
| 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 |
2 | $670,000 |
$335,000 | $482,000 |
$82,000 | $104,000 |
| Unverifiable Information |
1 | $298,000 |
$298,000 | $298,000 |
$336,000 | $336,000 |
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Mortgage Loan App Totals for SILVER MORTGAGE BANCORP INC. by:
Metropolitan Area And
County
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