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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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WESTSTAR MORTGAGE, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WESTSTAR MORTGAGE, INC |
| Address | 3350 COMMISSION COURT
WOODBRIDGE, VA 22192 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,269 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $595,073,000 |
| Average Mortgage Loan Amount Applied For | $152,996 |
| Highest Mortgage Loan Amount Applied For | $2,456,000 |
| Average Applicant Income | $77,306 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,288 | $378,942,000 |
$165,000 | $1,050,000 |
$83,000 | $1,200,000 |
| Refinancing |
1,251 | $272,172,000 |
$217,000 | $2,456,000 |
$94,000 | $1,200,000 |
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| American Indian or Alaskan Native |
2 | $363,000 |
$181,000 | $225,000 |
$62,000 | $68,000 |
| Asian |
100 | $24,386,000 |
$243,000 | $1,050,000 |
$121,000 | $408,000 |
| Black or African American |
832 | $140,866,000 |
$169,000 | $2,456,000 |
$82,000 | $1,200,000 |
| Hispanic |
804 | $156,233,000 |
$194,000 | $960,000 |
$76,000 | $822,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $2,773,000 |
$346,000 | $975,000 |
$232,000 | $408,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
445 | $82,205,000 |
$184,000 | $1,200,000 |
$81,000 | $1,190,000 |
| White |
1,348 | $244,288,000 |
$181,000 | $1,931,000 |
$95,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,929 | $543,013,000 |
$185,000 | $2,456,000 |
$92,000 | $1,200,000 |
| FHA-insured (Federal Housing Administration) |
438 | $70,880,000 |
$161,000 | $368,000 |
$58,000 | $533,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
172 | $37,221,000 |
$216,000 | $417,000 |
$77,000 | $1,200,000 |
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| Application Approved But Not Accepted |
7 | $1,669,000 |
$238,000 | $460,000 |
$32,000 | $84,000 |
| Application Denied By Financial Institution |
624 | $114,366,000 |
$183,000 | $1,000,000 |
$87,000 | $960,000 |
| Application Withdrawn By Applicant |
20 | $2,566,000 |
$128,000 | $309,000 |
$75,000 | $216,000 |
| File Closed For Incompleteness |
2 | $333,000 |
$166,000 | $241,000 |
$126,000 | $188,000 |
| Loan Originated |
2,886 | $532,180,000 |
$184,000 | $2,456,000 |
$87,000 | $1,200,000 |
| 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 |
30 | $5,092,000 |
$169,000 | $975,000 |
$122,000 | $408,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
29 | $4,671,000 |
$161,000 | $456,000 |
$89,000 | $822,000 |
| Debt-To-Income Ratio |
6 | $1,225,000 |
$204,000 | $502,000 |
$121,000 | $186,000 |
| Employment History |
1 | $378,000 |
$378,000 | $378,000 |
$108,000 | $108,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
69 | $13,329,000 |
$193,000 | $1,000,000 |
$120,000 | $720,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WESTSTAR MORTGAGE, INC by:
Metropolitan Area And
County
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