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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 SOURCE
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE MORTGAGE SOURCE |
| Address | 6125 INTERSTATE 20 SUITE 140
FORT WORTH, TX 76132 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 182 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $24,330,000 |
| Average Mortgage Loan Amount Applied For | $140,000 |
| Highest Mortgage Loan Amount Applied For | $300,000 |
| Average Applicant Income | $70,250 |
| Highest Applicant Income | $260,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
180 | $24,170,000 |
$134,000 | $300,000 |
$64,000 | $260,000 |
| Refinancing |
2 | $160,000 |
$80,000 | $115,000 |
$57,000 | $70,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $368,000 |
$122,000 | $131,000 |
$43,000 | $55,000 |
| Black or African American |
15 | $2,035,000 |
$135,000 | $177,000 |
$62,000 | $96,000 |
| Hispanic |
30 | $3,290,000 |
$109,000 | $169,000 |
$50,000 | $106,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $145,000 |
$145,000 | $145,000 |
$90,000 | $90,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
133 | $18,492,000 |
$139,000 | $300,000 |
$68,000 | $260,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
68 | $8,559,000 |
$125,000 | $300,000 |
$71,000 | $260,000 |
| FHA-insured (Federal Housing Administration) |
107 | $14,607,000 |
$136,000 | $206,000 |
$59,000 | $174,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
7 | $1,164,000 |
$166,000 | $257,000 |
$65,000 | $104,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
59 | $7,514,000 |
$127,000 | $265,000 |
$66,000 | $260,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
123 | $16,816,000 |
$136,000 | $300,000 |
$63,000 | $260,000 |
| 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 MORTGAGE SOURCE by:
Metropolitan Area And
County
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