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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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SIRVA MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
SIRVA MORTGAGE, INC. |
| Address | 6070 PARKLAND BLVD.
MAYFIELD HEIGHTS, OH 44124 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 8,499 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,854,822,000 |
| Average Mortgage Loan Amount Applied For | $187,928 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $94,459 |
| Highest Applicant Income | $1,256,000 |
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| Home Improvement |
217 | $9,627,000 |
$44,000 | $250,000 |
$103,000 | $287,000 |
| Home Purchase |
10,616 | $2,447,582,000 |
$230,000 | $2,800,000 |
$106,000 | $1,256,000 |
| Refinancing |
370 | $65,167,000 |
$176,000 | $750,000 |
$72,000 | $385,000 |
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| American Indian or Alaskan Native |
71 | $13,018,000 |
$183,000 | $1,000,000 |
$82,000 | $265,000 |
| Asian |
424 | $106,623,000 |
$251,000 | $1,000,000 |
$111,000 | $465,000 |
| Black or African American |
694 | $137,385,000 |
$197,000 | $1,125,000 |
$93,000 | $540,000 |
| Hispanic |
527 | $112,976,000 |
$214,000 | $1,000,000 |
$99,000 | $400,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $3,230,000 |
$248,000 | $520,000 |
$96,000 | $191,000 |
| Not applicable |
12 | $3,088,000 |
$257,000 | $560,000 |
$102,000 | $245,000 |
| Not Provided |
926 | $208,314,000 |
$224,000 | $1,838,000 |
$93,000 | $750,000 |
| White |
8,536 | $1,937,742,000 |
$227,000 | $2,800,000 |
$107,000 | $1,256,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
11,046 | $2,491,870,000 |
$225,000 | $2,800,000 |
$105,000 | $1,256,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
157 | $30,506,000 |
$194,000 | $417,000 |
$69,000 | $229,000 |
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| Application Approved But Not Accepted |
101 | $24,555,000 |
$243,000 | $720,000 |
$97,000 | $237,000 |
| Application Denied By Financial Institution |
817 | $137,741,000 |
$168,000 | $1,700,000 |
$51,000 | $325,000 |
| Application Withdrawn By Applicant |
3,047 | $827,109,000 |
$271,000 | $2,800,000 |
$105,000 | $1,250,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
7,238 | $1,532,971,000 |
$211,000 | $2,500,000 |
$111,000 | $1,256,000 |
| 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 |
21 | $4,218,000 |
$200,000 | $650,000 |
$92,000 | $229,000 |
| Credit Application Incomplete |
2 | $218,000 |
$109,000 | $185,000 |
$4,000 | $9,000 |
| Credit History |
623 | $90,745,000 |
$145,000 | $800,000 |
$47,000 | $325,000 |
| Debt-To-Income Ratio |
122 | $32,452,000 |
$266,000 | $1,700,000 |
$61,000 | $244,000 |
| Employment History |
11 | $1,773,000 |
$161,000 | $322,000 |
$30,000 | $80,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
31 | $6,085,000 |
$196,000 | $399,000 |
$74,000 | $164,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $2,045,000 |
$340,000 | $673,000 |
$94,000 | $145,000 |
| Unverifiable Information |
1 | $205,000 |
$205,000 | $205,000 |
$55,000 | $55,000 |
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Mortgage Loan App Totals for SIRVA MORTGAGE, INC. by:
Metropolitan Area And
County
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