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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 MORTGAGE BANKERS CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE MORTGAGE BANKERS CORP |
| Address | 100 GARDEN CITY PLAZA STE 450
GARDEN CITY, NY 11530 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 175 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $43,146,000 |
| Average Mortgage Loan Amount Applied For | $228,727 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $145,181 |
| Highest Applicant Income | $1,842,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
114 | $23,587,000 |
$206,000 | $783,000 |
$139,000 | $1,842,000 |
| Refinancing |
61 | $19,559,000 |
$320,000 | $3,000,000 |
$173,000 | $1,647,000 |
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| American Indian or Alaskan Native |
2 | $223,000 |
$111,000 | $178,000 |
$92,000 | $92,000 |
| Asian |
4 | $2,283,000 |
$570,000 | $1,000,000 |
$194,000 | $429,000 |
| Black or African American |
17 | $3,995,000 |
$235,000 | $412,000 |
$81,000 | $107,000 |
| Hispanic |
47 | $9,777,000 |
$208,000 | $650,000 |
$107,000 | $250,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
105 | $26,868,000 |
$255,000 | $3,000,000 |
$181,000 | $1,842,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
164 | $41,166,000 |
$251,000 | $3,000,000 |
$157,000 | $1,842,000 |
| FHA-insured (Federal Housing Administration) |
9 | $1,354,000 |
$150,000 | $254,000 |
$55,000 | $110,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $626,000 |
$313,000 | $396,000 |
$75,000 | $81,000 |
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| Application Approved But Not Accepted |
10 | $2,300,000 |
$230,000 | $472,000 |
$73,000 | $88,000 |
| Application Denied By Financial Institution |
7 | $1,116,000 |
$159,000 | $400,000 |
$127,000 | $250,000 |
| Application Withdrawn By Applicant |
54 | $16,641,000 |
$308,000 | $3,000,000 |
$174,000 | $1,647,000 |
| File Closed For Incompleteness |
1 | $122,000 |
$122,000 | $122,000 |
$110,000 | $110,000 |
| Loan Originated |
103 | $22,967,000 |
$222,000 | $783,000 |
$148,000 | $1,842,000 |
| 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 | $462,000 |
$154,000 | $254,000 |
$47,000 | $77,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $654,000 |
$163,000 | $400,000 |
$187,000 | $250,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE MORTGAGE BANKERS CORP by:
Metropolitan Area And
County
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