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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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SUNCOAST MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SUNCOAST MORTGAGE CORPORATION |
| Address | 4129 CHURCH ROAD
MOUNT LAUREL, NJ 08054 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 254 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $56,784,000 |
| Average Mortgage Loan Amount Applied For | $235,405 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $123,972 |
| Highest Applicant Income | $996,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
136 | $28,308,000 |
$208,000 | $1,000,000 |
$109,000 | $600,000 |
| Refinancing |
118 | $28,476,000 |
$241,000 | $1,000,000 |
$131,000 | $996,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $200,000 |
$200,000 | $200,000 |
$120,000 | $120,000 |
| Black or African American |
1 | $216,000 |
$216,000 | $216,000 |
$66,000 | $66,000 |
| Hispanic |
4 | $1,071,000 |
$267,000 | $296,000 |
$68,000 | $71,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
54 | $9,959,000 |
$184,000 | $417,000 |
$106,000 | $396,000 |
| White |
194 | $45,338,000 |
$233,000 | $1,000,000 |
$124,000 | $996,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
253 | $56,389,000 |
$222,000 | $1,000,000 |
$119,000 | $996,000 |
| 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) |
1 | $395,000 |
$395,000 | $395,000 |
$100,000 | $100,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
28 | $7,654,000 |
$273,000 | $945,000 |
$107,000 | $564,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
226 | $49,130,000 |
$217,000 | $1,000,000 |
$121,000 | $996,000 |
| 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 |
3 | $675,000 |
$225,000 | $250,000 |
$82,000 | $142,000 |
| Credit Application Incomplete |
8 | $1,857,000 |
$232,000 | $400,000 |
$145,000 | $564,000 |
| Credit History |
1 | $230,000 |
$230,000 | $230,000 |
$69,000 | $69,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $512,000 |
$512,000 | $512,000 |
$322,000 | $322,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
15 | $4,380,000 |
$292,000 | $945,000 |
$81,000 | $233,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SUNCOAST MORTGAGE CORPORATION by:
Metropolitan Area And
County
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