| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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WALL STREET FINANCIAL CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
WALL STREET FINANCIAL CORP |
| Address | 75 LANE ROAD
FAIRFIELD, NJ 07004 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Loan Applications Processed | 2,337 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $581,061,000 |
| Average Mortgage Loan Amount Applied For | $203,646 |
| Highest Mortgage Loan Amount Applied For | $2,800,000 |
| Average Applicant Income | $109,841 |
| Highest Applicant Income | $4,582,000 |
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| Home Improvement |
2 | $617,000 |
$308,000 | $323,000 |
$94,000 | $102,000 |
| Home Purchase |
1,527 | $356,621,000 |
$233,000 | $2,800,000 |
$121,000 | $4,582,000 |
| Refinancing |
809 | $223,903,000 |
$276,000 | $2,625,000 |
$116,000 | $2,160,000 |
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| American Indian or Alaskan Native |
5 | $1,542,000 |
$308,000 | $512,000 |
$145,000 | $167,000 |
| Asian |
169 | $42,844,000 |
$253,000 | $640,000 |
$131,000 | $387,000 |
| Black or African American |
414 | $98,646,000 |
$238,000 | $700,000 |
$121,000 | $439,000 |
| Hispanic |
1,179 | $292,475,000 |
$248,000 | $1,449,000 |
$101,000 | $504,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $1,203,000 |
$300,000 | $399,000 |
$112,000 | $176,000 |
| Not applicable |
1 | $3,000 |
$3,000 | $3,000 |
$240,000 | $240,000 |
| Not Provided |
52 | $10,565,000 |
$203,000 | $556,000 |
$94,000 | $302,000 |
| White |
514 | $133,863,000 |
$260,000 | $2,800,000 |
$158,000 | $4,582,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,063 | $492,853,000 |
$238,000 | $2,800,000 |
$129,000 | $4,582,000 |
| FHA-insured (Federal Housing Administration) |
275 | $88,288,000 |
$321,000 | $542,000 |
$46,000 | $209,000 |
| 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 |
200 | $48,779,000 |
$243,000 | $728,000 |
$106,000 | $600,000 |
| Application Denied By Financial Institution |
27 | $7,199,000 |
$266,000 | $624,000 |
$90,000 | $250,000 |
| Application Withdrawn By Applicant |
352 | $87,718,000 |
$249,000 | $694,000 |
$99,000 | $421,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,759 | $437,445,000 |
$248,000 | $2,800,000 |
$125,000 | $4,582,000 |
| 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 | $444,000 |
$444,000 | $444,000 |
$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 |
1 | $262,000 |
$262,000 | $262,000 |
$113,000 | $113,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan Application Totals for WALL STREET FINANCIAL CORP by:
Metropolitan Area And
County
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