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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 GROUP INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE MORTGAGE GROUP INC |
| Address | 8500 EXECUTIVE PARK AVENUE #100
FAIRFAX, VA 22031 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 352 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $179,314,000 |
| Average Mortgage Loan Amount Applied For | $480,500 |
| Highest Mortgage Loan Amount Applied For | $1,303,000 |
| Average Applicant Income | $46,166 |
| Highest Applicant Income | $696,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
352 | $179,683,000 |
$510,000 | $1,303,000 |
$39,000 | $696,000 |
| Refinancing |
1 | $135,000 |
$135,000 | $135,000 |
$15,000 | $15,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
44 | $26,556,000 |
$603,000 | $1,303,000 |
$36,000 | $500,000 |
| Black or African American |
42 | $20,057,000 |
$477,000 | $890,000 |
$28,000 | $96,000 |
| Hispanic |
38 | $18,752,000 |
$493,000 | $680,000 |
$32,000 | $144,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
30 | $14,424,000 |
$480,000 | $1,270,000 |
$40,000 | $324,000 |
| White |
199 | $100,029,000 |
$502,000 | $1,247,000 |
$43,000 | $696,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
353 | $179,818,000 |
$509,000 | $1,303,000 |
$39,000 | $696,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
26 | $13,163,000 |
$506,000 | $840,000 |
$29,000 | $108,000 |
| Application Withdrawn By Applicant |
136 | $72,532,000 |
$533,000 | $1,270,000 |
$33,000 | $324,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
190 | $93,619,000 |
$492,000 | $1,303,000 |
$44,000 | $696,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $504,000 |
$504,000 | $504,000 |
$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 |
1 | $436,000 |
$436,000 | $436,000 |
$0 | $0 |
| Credit History |
25 | $12,727,000 |
$509,000 | $840,000 |
$30,000 | $108,000 |
| 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 GROUP INC by:
Metropolitan Area And
County
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