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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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WIELAND FINANCIAL SERVICES,INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WIELAND FINANCIAL SERVICES,INC |
| Address | 1950 SULLIVAN ROAD
ATLANTA, GA 30337 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 946 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $226,867,000 |
| Average Mortgage Loan Amount Applied For | $201,777 |
| Highest Mortgage Loan Amount Applied For | $1,990,000 |
| Average Applicant Income | $95,377 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
4 | $452,000 |
$113,000 | $175,000 |
$156,000 | $255,000 |
| Home Purchase |
801 | $189,904,000 |
$237,000 | $956,000 |
$113,000 | $480,000 |
| Refinancing |
142 | $36,951,000 |
$260,000 | $1,990,000 |
$122,000 | $1,200,000 |
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| American Indian or Alaskan Native |
1 | $141,000 |
$141,000 | $141,000 |
$82,000 | $82,000 |
| Asian |
28 | $8,532,000 |
$304,000 | $725,000 |
$110,000 | $250,000 |
| Black or African American |
186 | $42,378,000 |
$227,000 | $640,000 |
$99,000 | $450,000 |
| Hispanic |
38 | $7,900,000 |
$207,000 | $512,000 |
$83,000 | $194,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
49 | $13,553,000 |
$276,000 | $821,000 |
$138,000 | $420,000 |
| White |
645 | $154,803,000 |
$240,000 | $1,990,000 |
$120,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
937 | $225,568,000 |
$240,000 | $1,990,000 |
$115,000 | $1,200,000 |
| FHA-insured (Federal Housing Administration) |
6 | $730,000 |
$121,000 | $137,000 |
$37,000 | $65,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $1,009,000 |
$252,000 | $373,000 |
$103,000 | $158,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
15 | $2,881,000 |
$192,000 | $429,000 |
$60,000 | $204,000 |
| Application Withdrawn By Applicant |
53 | $15,268,000 |
$288,000 | $554,000 |
$129,000 | $332,000 |
| File Closed For Incompleteness |
1 | $94,000 |
$94,000 | $94,000 |
$68,000 | $68,000 |
| Loan Originated |
878 | $209,064,000 |
$238,000 | $1,990,000 |
$115,000 | $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 |
2 | $191,000 |
$95,000 | $140,000 |
$50,000 | $62,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $119,000 |
$119,000 | $119,000 |
$28,000 | $28,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $279,000 |
$139,000 | $219,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $767,000 |
$383,000 | $391,000 |
$102,000 | $204,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WIELAND FINANCIAL SERVICES,INC by:
Metropolitan Area And
County
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