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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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TRIBECA LENDING CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
TRIBECA LENDING CORP. |
| Address | 101 HUDSON STREET SUITE 3715
JERSEY CITY, NJ 07302 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 7,507 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,924,892,000 |
| Average Mortgage Loan Amount Applied For | $218,784 |
| Highest Mortgage Loan Amount Applied For | $3,500,000 |
| Average Applicant Income | $25,056 |
| Highest Applicant Income | $1,008,000 |
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| Home Improvement |
16 | $4,497,000 |
$281,000 | $715,000 |
$17,000 | $118,000 |
| Home Purchase |
89 | $27,665,000 |
$310,000 | $2,600,000 |
$67,000 | $984,000 |
| Refinancing |
7,511 | $1,919,537,000 |
$255,000 | $3,500,000 |
$30,000 | $1,008,000 |
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| American Indian or Alaskan Native |
10 | $4,132,000 |
$413,000 | $1,885,000 |
$39,000 | $166,000 |
| Asian |
42 | $14,578,000 |
$347,000 | $1,312,000 |
$84,000 | $420,000 |
| Black or African American |
775 | $174,703,000 |
$225,000 | $2,600,000 |
$59,000 | $984,000 |
| Hispanic |
202 | $50,964,000 |
$252,000 | $1,557,000 |
$56,000 | $444,000 |
| Native Hawaiin or Other Pacific Islander |
17 | $4,765,000 |
$280,000 | $593,000 |
$81,000 | $235,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4,608 | $1,217,441,000 |
$264,000 | $3,500,000 |
$14,000 | $746,000 |
| White |
1,962 | $485,116,000 |
$247,000 | $2,384,000 |
$56,000 | $1,008,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7,616 | $1,951,699,000 |
$256,000 | $3,500,000 |
$31,000 | $1,008,000 |
| 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 |
3,567 | $957,894,000 |
$268,000 | $2,600,000 |
$18,000 | $984,000 |
| Application Withdrawn By Applicant |
2,364 | $612,910,000 |
$259,000 | $3,500,000 |
$28,000 | $1,008,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,685 | $380,895,000 |
$226,000 | $2,384,000 |
$61,000 | $780,000 |
| 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 |
892 | $263,148,000 |
$295,000 | $2,000,000 |
$10,000 | $360,000 |
| Credit Application Incomplete |
1 | $163,000 |
$163,000 | $163,000 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
44 | $11,560,000 |
$262,000 | $878,000 |
$30,000 | $152,000 |
| Employment History |
20 | $5,418,000 |
$270,000 | $1,040,000 |
$23,000 | $192,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2,004 | $527,983,000 |
$263,000 | $2,600,000 |
$22,000 | $984,000 |
| Unverifiable Information |
257 | $60,405,000 |
$235,000 | $1,855,000 |
$13,000 | $312,000 |
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Mortgage Loan App Totals for TRIBECA LENDING CORP. by:
Metropolitan Area And
County
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