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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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WILLIAM RAVEIS MORTGAGE, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WILLIAM RAVEIS MORTGAGE, LLC |
| Address | 7 TRAP FALLS ROAD
SHELTON, CT 06484 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,006 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $216,376,000 |
| Average Mortgage Loan Amount Applied For | $207,700 |
| Highest Mortgage Loan Amount Applied For | $1,721,000 |
| Average Applicant Income | $98,850 |
| Highest Applicant Income | $900,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
895 | $191,865,000 |
$214,000 | $1,721,000 |
$102,000 | $900,000 |
| Refinancing |
132 | $28,565,000 |
$216,000 | $808,000 |
$102,000 | $600,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
35 | $8,345,000 |
$238,000 | $859,000 |
$106,000 | $240,000 |
| Black or African American |
27 | $5,627,000 |
$208,000 | $559,000 |
$103,000 | $335,000 |
| Hispanic |
58 | $9,502,000 |
$163,000 | $696,000 |
$79,000 | $198,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
22 | $6,236,000 |
$283,000 | $1,000,000 |
$138,000 | $435,000 |
| White |
885 | $190,720,000 |
$215,000 | $1,721,000 |
$102,000 | $900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,012 | $217,808,000 |
$215,000 | $1,721,000 |
$102,000 | $900,000 |
| FHA-insured (Federal Housing Administration) |
15 | $2,622,000 |
$174,000 | $237,000 |
$63,000 | $87,000 |
| 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 |
8 | $1,756,000 |
$219,000 | $500,000 |
$108,000 | $225,000 |
| Application Denied By Financial Institution |
15 | $3,207,000 |
$213,000 | $696,000 |
$89,000 | $198,000 |
| Application Withdrawn By Applicant |
95 | $21,177,000 |
$222,000 | $808,000 |
$106,000 | $390,000 |
| File Closed For Incompleteness |
4 | $1,530,000 |
$382,000 | $650,000 |
$49,000 | $99,000 |
| Loan Originated |
905 | $192,760,000 |
$212,000 | $1,721,000 |
$102,000 | $900,000 |
| 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 | $231,000 |
$115,000 | $199,000 |
$63,000 | $71,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $417,000 |
$417,000 | $417,000 |
$0 | $0 |
| Debt-To-Income Ratio |
7 | $1,201,000 |
$171,000 | $384,000 |
$94,000 | $160,000 |
| Employment History |
1 | $236,000 |
$236,000 | $236,000 |
$86,000 | $86,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $174,000 |
$174,000 | $174,000 |
$78,000 | $78,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $948,000 |
$316,000 | $696,000 |
$132,000 | $198,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WILLIAM RAVEIS MORTGAGE, LLC by:
Metropolitan Area And
County
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