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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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THE LOAN CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE LOAN CORPORATION |
| Address | 4890 W. KENNEDY BLVD #260
TAMPA, FL 33609 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,384 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,494,377,000 |
| Average Mortgage Loan Amount Applied For | $254,236 |
| Highest Mortgage Loan Amount Applied For | $3,903,000 |
| Average Applicant Income | $98,385 |
| Highest Applicant Income | $4,244,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
387 | $91,039,000 |
$235,000 | $2,800,000 |
$138,000 | $1,330,000 |
| Refinancing |
4,997 | $1,403,338,000 |
$280,000 | $3,903,000 |
$96,000 | $4,244,000 |
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| American Indian or Alaskan Native |
3 | $604,000 |
$201,000 | $204,000 |
$183,000 | $217,000 |
| Asian |
44 | $15,398,000 |
$349,000 | $1,080,000 |
$100,000 | $341,000 |
| Black or African American |
127 | $30,602,000 |
$240,000 | $837,000 |
$98,000 | $350,000 |
| Hispanic |
185 | $46,909,000 |
$253,000 | $680,000 |
$99,000 | $500,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $528,000 |
$264,000 | $393,000 |
$97,000 | $123,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4,067 | $1,134,788,000 |
$279,000 | $3,903,000 |
$93,000 | $4,244,000 |
| White |
956 | $265,548,000 |
$277,000 | $2,800,000 |
$124,000 | $900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,362 | $1,488,162,000 |
$277,000 | $3,903,000 |
$99,000 | $4,244,000 |
| FHA-insured (Federal Housing Administration) |
16 | $4,838,000 |
$302,000 | $900,000 |
$17,000 | $110,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
6 | $1,377,000 |
$229,000 | $388,000 |
$59,000 | $96,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
73 | $18,801,000 |
$257,000 | $661,000 |
$94,000 | $300,000 |
| Application Denied By Financial Institution |
1,310 | $319,618,000 |
$243,000 | $2,675,000 |
$64,000 | $655,000 |
| Application Withdrawn By Applicant |
3,095 | $921,584,000 |
$297,000 | $3,903,000 |
$105,000 | $4,244,000 |
| File Closed For Incompleteness |
3 | $648,000 |
$216,000 | $333,000 |
$68,000 | $84,000 |
| Loan Originated |
903 | $233,726,000 |
$258,000 | $1,400,000 |
$126,000 | $1,330,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE LOAN CORPORATION by:
Metropolitan Area And
County
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