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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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SUNSET MORTGAGE COMPANY, L.P.
Mortgage Loans and Application Details
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| Mortgage Company Name |
SUNSET MORTGAGE COMPANY, L.P. |
| Address | 3 DICKENSON DRIVE
CHADDS FORD, PA 19317 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,604 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $458,651,000 |
| Average Mortgage Loan Amount Applied For | $163,687 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $86,059 |
| Highest Applicant Income | $780,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,330 | $206,505,000 |
$155,000 | $1,205,000 |
$93,000 | $630,000 |
| Refinancing |
1,373 | $266,490,000 |
$194,000 | $1,500,000 |
$81,000 | $780,000 |
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| American Indian or Alaskan Native |
10 | $3,253,000 |
$325,000 | $939,000 |
$63,000 | $172,000 |
| Asian |
102 | $19,928,000 |
$195,000 | $700,000 |
$98,000 | $263,000 |
| Black or African American |
345 | $57,336,000 |
$166,000 | $1,500,000 |
$77,000 | $342,000 |
| Hispanic |
221 | $38,269,000 |
$173,000 | $995,000 |
$76,000 | $576,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,456,000 |
$242,000 | $542,000 |
$121,000 | $156,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
348 | $63,387,000 |
$182,000 | $1,000,000 |
$89,000 | $600,000 |
| White |
1,671 | $289,366,000 |
$173,000 | $1,300,000 |
$89,000 | $780,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,703 | $472,995,000 |
$174,000 | $1,500,000 |
$87,000 | $780,000 |
| 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) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
202 | $35,077,000 |
$173,000 | $640,000 |
$86,000 | $360,000 |
| Application Denied By Financial Institution |
491 | $85,537,000 |
$174,000 | $1,000,000 |
$98,000 | $780,000 |
| Application Withdrawn By Applicant |
67 | $12,218,000 |
$182,000 | $1,205,000 |
$97,000 | $593,000 |
| File Closed For Incompleteness |
45 | $7,428,000 |
$165,000 | $450,000 |
$103,000 | $342,000 |
| Loan Originated |
1,898 | $332,735,000 |
$175,000 | $1,500,000 |
$83,000 | $589,000 |
| 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 |
75 | $16,100,000 |
$214,000 | $1,000,000 |
$123,000 | $630,000 |
| Credit Application Incomplete |
10 | $670,000 |
$67,000 | $202,000 |
$105,000 | $521,000 |
| Credit History |
73 | $12,258,000 |
$167,000 | $728,000 |
$87,000 | $582,000 |
| Debt-To-Income Ratio |
68 | $11,891,000 |
$174,000 | $880,000 |
$71,000 | $360,000 |
| Employment History |
8 | $1,172,000 |
$146,000 | $309,000 |
$70,000 | $160,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
19 | $2,896,000 |
$152,000 | $980,000 |
$131,000 | $390,000 |
| Mortgage Insurance Denied |
1 | $94,000 |
$94,000 | $94,000 |
$43,000 | $43,000 |
| Other |
53 | $8,927,000 |
$168,000 | $650,000 |
$89,000 | $455,000 |
| Unverifiable Information |
18 | $5,257,000 |
$292,000 | $1,000,000 |
$169,000 | $600,000 |
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Mortgage Loan App Totals for SUNSET MORTGAGE COMPANY, L.P. by:
Metropolitan Area And
County
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