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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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YOUR EQUITY SOURCE
Mortgage Loans and Application Details
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| Mortgage Company Name |
YOUR EQUITY SOURCE |
| Address | 2935 1ST AVENUE NORTH SUITE 2
SAINT PETERSBURG, FL 33713 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 156 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,245,000 |
| Average Mortgage Loan Amount Applied For | $137,071 |
| Highest Mortgage Loan Amount Applied For | $390,000 |
| Average Applicant Income | $57,500 |
| Highest Applicant Income | $175,000 |
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| Home Improvement |
2 | $109,000 |
$54,000 | $87,000 |
$55,000 | $65,000 |
| Home Purchase |
68 | $10,388,000 |
$152,000 | $350,000 |
$53,000 | $175,000 |
| Refinancing |
133 | $17,954,000 |
$134,000 | $390,000 |
$52,000 | $145,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $225,000 |
$225,000 | $225,000 |
$78,000 | $78,000 |
| Black or African American |
38 | $5,234,000 |
$137,000 | $320,000 |
$47,000 | $100,000 |
| Hispanic |
15 | $2,032,000 |
$135,000 | $216,000 |
$55,000 | $110,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
10 | $1,466,000 |
$146,000 | $275,000 |
$50,000 | $72,000 |
| White |
139 | $19,494,000 |
$140,000 | $390,000 |
$54,000 | $175,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
133 | $19,796,000 |
$148,000 | $390,000 |
$55,000 | $175,000 |
| FHA-insured (Federal Housing Administration) |
65 | $7,834,000 |
$120,000 | $216,000 |
$47,000 | $117,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
5 | $821,000 |
$164,000 | $274,000 |
$53,000 | $75,000 |
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| Application Approved But Not Accepted |
46 | $6,700,000 |
$145,000 | $365,000 |
$56,000 | $145,000 |
| Application Denied By Financial Institution |
26 | $3,076,000 |
$118,000 | $390,000 |
$52,000 | $120,000 |
| Application Withdrawn By Applicant |
34 | $4,419,000 |
$129,000 | $320,000 |
$45,000 | $87,000 |
| File Closed For Incompleteness |
41 | $6,576,000 |
$160,000 | $323,000 |
$52,000 | $100,000 |
| Loan Originated |
42 | $5,671,000 |
$135,000 | $350,000 |
$57,000 | $175,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
8 | $1,059,000 |
$132,000 | $197,000 |
$54,000 | $117,000 |
| Preapproval Denied by Financial Institution |
6 | $950,000 |
$158,000 | $200,000 |
$44,000 | $70,000 |
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| Collateral |
1 | $92,000 |
$92,000 | $92,000 |
$43,000 | $43,000 |
| Credit Application Incomplete |
1 | $80,000 |
$80,000 | $80,000 |
$54,000 | $54,000 |
| Credit History |
17 | $2,389,000 |
$140,000 | $390,000 |
$57,000 | $120,000 |
| Debt-To-Income Ratio |
5 | $454,000 |
$90,000 | $150,000 |
$38,000 | $65,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $271,000 |
$135,000 | $196,000 |
$55,000 | $76,000 |
| Unverifiable Information |
2 | $247,000 |
$123,000 | $137,000 |
$39,000 | $44,000 |
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Mortgage Loan App Totals for YOUR EQUITY SOURCE by:
Metropolitan Area And
County
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