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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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WOODLAND CAPITAL CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
WOODLAND CAPITAL CORPORATION |
| Address | 2042 WOODDALE DRIVE #160
WOODBURY, MN 55125 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 199 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,784,000 |
| Average Mortgage Loan Amount Applied For | $144,982 |
| Highest Mortgage Loan Amount Applied For | $569,000 |
| Average Applicant Income | $70,561 |
| Highest Applicant Income | $340,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
193 | $29,436,000 |
$155,777 | $569,000 |
$68,296 | $340,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
6 | $1,348,000 |
$215,500 | $323,000 |
$91,250 | $161,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
1 | $88,000 |
$88,000 | $88,000 |
$120,000 | $120,000 |
| Black |
3 | $296,000 |
$98,666 | $201,000 |
$73,000 | $93,000 |
| Hispanic |
1 | $79,000 |
$79,000 | $79,000 |
$27,000 | $27,000 |
| Information not provided by applicant in mail or telephone application |
73 | $11,336,000 |
$157,476 | $383,000 |
$68,666 | $288,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $85,000 |
$85,000 | $85,000 |
$84,000 | $84,000 |
| White |
120 | $18,900,000 |
$156,625 | $569,000 |
$69,458 | $340,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
199 | $30,784,000 |
$158,148 | $569,000 |
$69,259 | $340,000 |
| 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 |
1 | $97,000 |
$97,000 | $97,000 |
$27,000 | $27,000 |
| Application Denied By Financial Institution |
37 | $4,424,000 |
$124,000 | $247,000 |
$54,571 | $172,000 |
| Application Withdrawn By Applicant |
25 | $3,898,000 |
$144,545 | $383,000 |
$73,090 | $288,000 |
| File Closed For Incompleteness |
50 | $7,600,000 |
$162,200 | $300,000 |
$64,650 | $223,000 |
| Loan Originated |
86 | $14,765,000 |
$170,235 | $569,000 |
$70,176 | $340,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $113,000 |
$56,000 | $78,000 |
$31,000 | $53,000 |
| Credit Application Incomplete |
1 | $206,000 |
$206,000 | $206,000 |
$75,000 | $75,000 |
| Credit History |
13 | $1,274,000 |
$102,625 | $194,000 |
$54,375 | $120,000 |
| Debt-To-Income Ratio |
11 | $1,381,000 |
$129,000 | $214,000 |
$53,555 | $172,000 |
| Employment History |
2 | $268,000 |
$134,000 | $157,000 |
$26,000 | $52,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $149,000 |
$149,000 | $149,000 |
$30,000 | $30,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $542,000 |
$167,500 | $247,000 |
$98,500 | $150,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WOODLAND CAPITAL CORPORATION by:
Metropolitan Area And
County
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