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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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WEBTREELOAN.COM, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
WEBTREELOAN.COM, INC. |
| Address | 1100 CIRCLE 75 PKWY, SUITE 1100 ATLANTA, GA 30339 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,425 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $441,961,000 |
| Average Mortgage Loan Amount Applied For | $121,414 |
| Highest Mortgage Loan Amount Applied For | $1,850,000 |
| Average Applicant Income | $41,197 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
338 | $39,968,000 |
$118,000 | $1,850,000 |
$35,000 | $140,000 |
| Refinancing |
3,134 | $407,569,000 |
$130,000 | $950,000 |
$42,000 | $1,000,000 |
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| American Indian or Alaskan Native |
51 | $6,246,000 |
$122,000 | $405,000 |
$39,000 | $107,000 |
| Asian |
25 | $4,929,000 |
$197,000 | $940,000 |
$58,000 | $120,000 |
| Black or African American |
1,153 | $131,106,000 |
$113,000 | $547,000 |
$37,000 | $241,000 |
| Hispanic |
127 | $17,302,000 |
$136,000 | $400,000 |
$41,000 | $172,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $1,277,000 |
$141,000 | $240,000 |
$52,000 | $111,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
619 | $81,007,000 |
$130,000 | $1,850,000 |
$39,000 | $518,000 |
| White |
1,488 | $205,670,000 |
$138,000 | $950,000 |
$46,000 | $1,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,472 | $447,537,000 |
$128,000 | $1,850,000 |
$42,000 | $1,000,000 |
| 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 |
4 | $410,000 |
$102,000 | $138,000 |
$50,000 | $77,000 |
| Application Denied By Financial Institution |
1,416 | $167,801,000 |
$118,000 | $950,000 |
$35,000 | $300,000 |
| Application Withdrawn By Applicant |
1,519 | $211,646,000 |
$139,000 | $1,850,000 |
$45,000 | $1,000,000 |
| File Closed For Incompleteness |
344 | $43,880,000 |
$127,000 | $567,000 |
$46,000 | $250,000 |
| Loan Originated |
189 | $23,800,000 |
$125,000 | $373,000 |
$56,000 | $491,000 |
| 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 |
271 | $31,301,000 |
$115,000 | $660,000 |
$43,000 | $241,000 |
| Credit Application Incomplete |
8 | $1,178,000 |
$147,000 | $280,000 |
$25,000 | $74,000 |
| Credit History |
650 | $74,847,000 |
$115,000 | $547,000 |
$34,000 | $300,000 |
| Debt-To-Income Ratio |
383 | $48,067,000 |
$125,000 | $950,000 |
$28,000 | $173,000 |
| Employment History |
19 | $2,593,000 |
$136,000 | $450,000 |
$33,000 | $126,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
18 | $1,965,000 |
$109,000 | $202,000 |
$42,000 | $164,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
33 | $3,734,000 |
$113,000 | $315,000 |
$43,000 | $156,000 |
| Unverifiable Information |
31 | $3,779,000 |
$121,000 | $520,000 |
$39,000 | $156,000 |
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Mortgage Loan App Totals for WEBTREELOAN.COM, INC. by:
Metropolitan Area And
County
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