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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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TRANSNATIONAL MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
TRANSNATIONAL MORTGAGE CORP |
| Address | 213 WEST STREET ROAD
FEASTERVILLE, PA 19053 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 164 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $29,449,000 |
| Average Mortgage Loan Amount Applied For | $201,437 |
| Highest Mortgage Loan Amount Applied For | $824,000 |
| Average Applicant Income | $89,750 |
| Highest Applicant Income | $550,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
84 | $15,219,000 |
$181,000 | $655,000 |
$77,000 | $550,000 |
| Refinancing |
80 | $14,230,000 |
$177,000 | $824,000 |
$79,000 | $300,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
19 | $2,919,000 |
$153,000 | $417,000 |
$54,000 | $111,000 |
| Black or African American |
10 | $1,329,000 |
$132,000 | $333,000 |
$73,000 | $124,000 |
| Hispanic |
6 | $663,000 |
$110,000 | $240,000 |
$59,000 | $98,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
13 | $2,855,000 |
$219,000 | $632,000 |
$80,000 | $300,000 |
| White |
116 | $21,683,000 |
$186,000 | $824,000 |
$83,000 | $550,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
164 | $29,449,000 |
$179,000 | $824,000 |
$78,000 | $550,000 |
| 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 |
18 | $3,462,000 |
$192,000 | $638,000 |
$81,000 | $300,000 |
| Application Denied By Financial Institution |
6 | $994,000 |
$165,000 | $417,000 |
$82,000 | $166,000 |
| Application Withdrawn By Applicant |
8 | $1,610,000 |
$201,000 | $417,000 |
$57,000 | $110,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
132 | $23,383,000 |
$177,000 | $824,000 |
$78,000 | $550,000 |
| 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 |
1 | $180,000 |
$180,000 | $180,000 |
$34,000 | $34,000 |
| 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 |
1 | $25,000 |
$25,000 | $25,000 |
$50,000 | $50,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for TRANSNATIONAL MORTGAGE CORP by:
Metropolitan Area And
County
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