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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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YALE MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
YALE MORTGAGE CORPORATION |
| Address | 4100 NE 2ND AVE SUITE 206
MIAMI, FL 33137 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 12,846 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,351,260,000 |
| Average Mortgage Loan Amount Applied For | $157,212 |
| Highest Mortgage Loan Amount Applied For | $16,275,000 |
| Average Applicant Income | $0 |
| Highest Applicant Income | $0 |
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| Home Improvement |
28 | $4,377,000 |
$156,000 | $570,000 |
$0 | $0 |
| Home Purchase |
1,906 | $520,292,000 |
$272,000 | $16,275,000 |
$0 | $0 |
| Refinancing |
12,138 | $2,197,394,000 |
$181,000 | $10,725,000 |
$0 | $0 |
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| American Indian or Alaskan Native |
19 | $2,242,000 |
$118,000 | $270,000 |
$0 | $0 |
| Asian |
35 | $5,147,000 |
$147,000 | $638,000 |
$0 | $0 |
| Black or African American |
2,032 | $234,701,000 |
$115,000 | $2,438,000 |
$0 | $0 |
| Hispanic |
1,488 | $276,697,000 |
$185,000 | $5,000,000 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
18 | $2,524,000 |
$140,000 | $650,000 |
$0 | $0 |
| Not applicable |
151 | $87,938,000 |
$582,000 | $7,500,000 |
$0 | $0 |
| Not Provided |
8,275 | $1,797,698,000 |
$217,000 | $16,275,000 |
$0 | $0 |
| White |
2,054 | $315,116,000 |
$153,000 | $3,300,000 |
$0 | $0 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
14,067 | $2,721,295,000 |
$193,000 | $16,275,000 |
$0 | $0 |
| FHA-insured (Federal Housing Administration) |
5 | $768,000 |
$153,000 | $340,000 |
$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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3,415 | $926,404,000 |
$271,000 | $16,275,000 |
$0 | $0 |
| Application Withdrawn By Applicant |
8,899 | $1,572,167,000 |
$176,000 | $7,500,000 |
$0 | $0 |
| File Closed For Incompleteness |
1 | $88,000 |
$88,000 | $88,000 |
$0 | $0 |
| Loan Originated |
1,757 | $223,404,000 |
$127,000 | $3,000,000 |
$0 | $0 |
| 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 |
3,149 | $866,453,000 |
$275,000 | $16,275,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $130,000 |
$65,000 | $75,000 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
12 | $4,108,000 |
$342,000 | $1,160,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $54,000 |
$54,000 | $54,000 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for YALE MORTGAGE CORPORATION by:
Metropolitan Area And
County
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