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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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VISION MORTGAGE, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
VISION MORTGAGE, LLC |
| Address | 9715 KEY WEST AVE 2ND FLOOR
ROCKVILLE, MD 20850 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| Data Years (click a year for detail) | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,290 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $567,367,000 |
| Average Mortgage Loan Amount Applied For | $207,819 |
| Highest Mortgage Loan Amount Applied For | $1,976,000 |
| Average Applicant Income | $97,142 |
| Highest Applicant Income | $1,105,000 |
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| Home Improvement |
2 | $29,000 |
$14,000 | $15,000 |
$87,000 | $174,000 |
| Home Purchase |
1,487 | $344,387,000 |
$231,000 | $1,976,000 |
$89,000 | $1,105,000 |
| Refinancing |
801 | $222,951,000 |
$278,000 | $1,967,000 |
$96,000 | $876,000 |
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| American Indian or Alaskan Native |
6 | $2,863,000 |
$477,000 | $1,193,000 |
$104,000 | $276,000 |
| Asian |
99 | $31,253,000 |
$315,000 | $1,509,000 |
$98,000 | $450,000 |
| Black or African American |
583 | $139,984,000 |
$240,000 | $1,286,000 |
$87,000 | $360,000 |
| Hispanic |
677 | $143,853,000 |
$212,000 | $1,000,000 |
$68,000 | $437,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $1,278,000 |
$319,000 | $610,000 |
$126,000 | $210,000 |
| Not applicable |
1 | $98,000 |
$98,000 | $98,000 |
$177,000 | $177,000 |
| Not Provided |
341 | $81,454,000 |
$238,000 | $1,976,000 |
$77,000 | $1,105,000 |
| White |
579 | $166,584,000 |
$287,000 | $1,967,000 |
$129,000 | $1,014,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,290 | $567,367,000 |
$247,000 | $1,976,000 |
$91,000 | $1,105,000 |
| 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 |
304 | $75,358,000 |
$247,000 | $1,500,000 |
$88,000 | $870,000 |
| Application Denied By Financial Institution |
384 | $86,174,000 |
$224,000 | $1,885,000 |
$79,000 | $654,000 |
| Application Withdrawn By Applicant |
77 | $20,111,000 |
$261,000 | $820,000 |
$71,000 | $450,000 |
| File Closed For Incompleteness |
98 | $25,370,000 |
$258,000 | $1,509,000 |
$76,000 | $420,000 |
| Loan Originated |
1,427 | $360,354,000 |
$252,000 | $1,976,000 |
$97,000 | $1,105,000 |
| 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 |
40 | $11,134,000 |
$278,000 | $1,625,000 |
$102,000 | $360,000 |
| Credit Application Incomplete |
3 | $740,000 |
$246,000 | $466,000 |
$221,000 | $281,000 |
| Credit History |
128 | $28,954,000 |
$226,000 | $1,238,000 |
$54,000 | $428,000 |
| Debt-To-Income Ratio |
25 | $6,302,000 |
$252,000 | $615,000 |
$79,000 | $210,000 |
| Employment History |
3 | $406,000 |
$135,000 | $208,000 |
$132,000 | $168,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
15 | $4,469,000 |
$297,000 | $1,885,000 |
$49,000 | $154,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
51 | $11,747,000 |
$230,000 | $1,500,000 |
$133,000 | $654,000 |
| Unverifiable Information |
36 | $7,876,000 |
$218,000 | $620,000 |
$93,000 | $360,000 |
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Mortgage Loan App Totals for VISION MORTGAGE, LLC by:
Metropolitan Area And
County
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