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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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UNION CAPITAL MORTGAGE CORPORA
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNION CAPITAL MORTGAGE CORPORA |
| Address | 7676 REYNOLDS ROAD
MENTOR, OH 44060 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 377 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $72,874,000 |
| Average Mortgage Loan Amount Applied For | $202,083 |
| Highest Mortgage Loan Amount Applied For | $735,000 |
| Average Applicant Income | $120,375 |
| Highest Applicant Income | $772,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
224 | $41,532,000 |
$185,000 | $735,000 |
$95,000 | $573,000 |
| Refinancing |
153 | $31,342,000 |
$204,000 | $600,000 |
$90,000 | $772,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $1,284,000 |
$321,000 | $735,000 |
$174,000 | $490,000 |
| Black or African American |
21 | $3,546,000 |
$168,000 | $476,000 |
$70,000 | $172,000 |
| Hispanic |
4 | $587,000 |
$146,000 | $224,000 |
$74,000 | $104,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $900,000 |
$300,000 | $421,000 |
$79,000 | $133,000 |
| White |
345 | $66,557,000 |
$192,000 | $655,000 |
$94,000 | $772,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
233 | $49,370,000 |
$211,000 | $735,000 |
$108,000 | $772,000 |
| FHA-insured (Federal Housing Administration) |
135 | $21,490,000 |
$159,000 | $258,000 |
$69,000 | $274,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
9 | $2,014,000 |
$223,000 | $346,000 |
$70,000 | $154,000 |
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| Application Approved But Not Accepted |
1 | $217,000 |
$217,000 | $217,000 |
$132,000 | $132,000 |
| Application Denied By Financial Institution |
1 | $247,000 |
$247,000 | $247,000 |
$96,000 | $96,000 |
| Application Withdrawn By Applicant |
36 | $6,713,000 |
$186,000 | $420,000 |
$82,000 | $230,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
339 | $65,697,000 |
$193,000 | $735,000 |
$94,000 | $772,000 |
| 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 |
1 | $247,000 |
$247,000 | $247,000 |
$96,000 | $96,000 |
| 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 UNION CAPITAL MORTGAGE CORPORA by:
Metropolitan Area And
County
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