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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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WARD LENDING GROUP LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WARD LENDING GROUP LLC |
| Address | 2950 LIMITED LANE NW
OLYMPIA, WA 98502 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 501 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $83,411,000 |
| Average Mortgage Loan Amount Applied For | $157,400 |
| Highest Mortgage Loan Amount Applied For | $640,000 |
| Average Applicant Income | $142,400 |
| Highest Applicant Income | $2,142,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
308 | $49,048,000 |
$159,000 | $600,000 |
$102,000 | $2,142,000 |
| Refinancing |
193 | $34,363,000 |
$178,000 | $640,000 |
$86,000 | $360,000 |
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| American Indian or Alaskan Native |
4 | $627,000 |
$156,000 | $260,000 |
$73,000 | $101,000 |
| Asian |
17 | $3,536,000 |
$208,000 | $428,000 |
$102,000 | $442,000 |
| Black or African American |
20 | $3,152,000 |
$157,000 | $417,000 |
$83,000 | $162,000 |
| Hispanic |
10 | $1,580,000 |
$158,000 | $286,000 |
$83,000 | $116,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $1,285,000 |
$183,000 | $333,000 |
$92,000 | $152,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $506,000 |
$253,000 | $304,000 |
$103,000 | $174,000 |
| White |
441 | $72,725,000 |
$164,000 | $640,000 |
$97,000 | $2,142,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
469 | $76,224,000 |
$162,000 | $640,000 |
$98,000 | $2,142,000 |
| 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) |
32 | $7,187,000 |
$224,000 | $398,000 |
$63,000 | $155,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
15 | $2,480,000 |
$165,000 | $389,000 |
$82,000 | $284,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
486 | $80,931,000 |
$166,000 | $640,000 |
$96,000 | $2,142,000 |
| 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 |
3 | $878,000 |
$292,000 | $389,000 |
$222,000 | $284,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $789,000 |
$131,000 | $238,000 |
$48,000 | $81,000 |
| Debt-To-Income Ratio |
3 | $418,000 |
$139,000 | $224,000 |
$34,000 | $45,000 |
| 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 | $195,000 |
$195,000 | $195,000 |
$66,000 | $66,000 |
| Unverifiable Information |
2 | $200,000 |
$100,000 | $168,000 |
$55,000 | $55,000 |
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Mortgage Loan App Totals for WARD LENDING GROUP LLC by:
Metropolitan Area And
County
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