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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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TENACITY MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
TENACITY MORTGAGE |
| Address | 6303 IVY LANE #310
GREENBELT, MD 20770 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 673 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $145,781,000 |
| Average Mortgage Loan Amount Applied For | $223,604 |
| Highest Mortgage Loan Amount Applied For | $1,362,000 |
| Average Applicant Income | $75,511 |
| Highest Applicant Income | $1,250,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
169 | $42,011,000 |
$260,750 | $1,000,000 |
$88,750 | $1,250,000 |
| Refinancing |
515 | $106,661,000 |
$194,125 | $1,362,000 |
$59,125 | $517,000 |
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| American Indian or Alaskan Native |
4 | $771,000 |
$198,333 | $304,000 |
$65,333 | $97,000 |
| Asian |
18 | $4,282,000 |
$236,333 | $545,000 |
$59,333 | $133,000 |
| Black or African American |
176 | $32,345,000 |
$179,000 | $455,000 |
$53,000 | $153,000 |
| Hispanic |
35 | $5,689,000 |
$179,000 | $380,000 |
$51,250 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $2,210,000 |
$254,666 | $334,000 |
$61,666 | $100,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
67 | $13,573,000 |
$190,750 | $556,000 |
$63,250 | $125,000 |
| White |
375 | $89,802,000 |
$219,875 | $1,362,000 |
$76,625 | $1,250,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
683 | $148,507,000 |
$204,375 | $1,362,000 |
$63,000 | $1,250,000 |
| FHA-insured (Federal Housing Administration) |
1 | $165,000 |
$165,000 | $165,000 |
$79,000 | $79,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
25 | $4,903,000 |
$183,666 | $612,000 |
$69,666 | $271,000 |
| Application Withdrawn By Applicant |
17 | $3,550,000 |
$243,000 | $560,000 |
$107,333 | $355,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
642 | $140,219,000 |
$204,750 | $1,362,000 |
$63,000 | $1,250,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
16 | $3,008,000 |
$162,666 | $407,000 |
$65,000 | $156,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
7 | $1,557,000 |
$236,000 | $612,000 |
$92,000 | $271,000 |
| Unverifiable Information |
2 | $338,000 |
$169,000 | $188,000 |
$66,000 | $75,000 |
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Mortgage Loan App Totals for TENACITY MORTGAGE by:
Metropolitan Area And
County
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