Rainland Mortgage Company
Mortgage Loan Application
Totals and Details
for 2004

Mortgage Company & Address Rainland Mortgage Company
1200 Executive Parkway Suite 430
Eugene, OR 97401
Tel #: available with data download
Federal Regulator * available with data download
Years 2004  2003  
Total Number of Mortgage Applications 3,455
Total Mortgage Loan Application Amount $465,956,000
Average Mortgage Loan Application Amount $145,936
Highest Mortgage Loan Application Amount $1,365,000
Average Applicant Income $63,815
Highest Applicant Income $780,000
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Mortgage Loan Application Detail Totals for Rainland Mortgage Company in 2004

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 4,161 $570,705,000 $128,500 $1,365,000 $42,800 $780,000
Refinancing 0 $0 $0 $0 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 3,159 $411,025,000 $129,100 $1,365,000 $43,700 $780,000
Hispanic 461 $69,381,000 $120,142 $784,000 $49,000 $360,000
Black or African American 170 $26,265,000 $144,333 $1,000,000 $93,666 $288,000
Asian 128 $23,993,000 $128,833 $875,000 $58,500 $576,000
Not Provided 116 $21,908,000 $143,428 $750,000 $79,000 $392,000
Not applicable 79 $12,459,000 $154,833 $650,000 $37,333 $191,000
Native Hawaiin or Other Pacific Islander 38 $4,525,000 $93,250 $360,000 $61,000 $168,000
American Indian or Alaskan Native 10 $1,149,000 $114,000 $240,000 $72,666 $150,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 4,150 $569,197,000 $128,500 $1,365,000 $42,700 $780,000
FHA-insured (Federal Housing Administration) 7 $910,000 $130,000 $151,000 $109,000 $252,000
VA-guaranteed (Veterans Administration) 4 $598,000 $149,000 $213,000 $48,000 $72,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 2,425 $322,412,000 $121,428 $1,365,000 $62,714 $720,000
Application Withdrawn By Applicant 1,111 $160,990,000 $136,000 $1,350,000 $52,875 $780,000
Application Denied By Financial Institution 474 $64,388,000 $135,000 $775,000 $46,000 $576,000
Application Approved But Not Accepted 151 $22,915,000 $138,857 $750,000 $65,285 $300,000
File Closed For Incompleteness 0 $0 $0 $0 $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

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $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) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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