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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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1ST ASSET MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST ASSET MORTGAGE |
| Address | 1021 BRIARGATE CIRCLE
COLUMBIA, SC 29210 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 138 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,136,000 |
| Average Mortgage Loan Amount Applied For | $101,400 |
| Highest Mortgage Loan Amount Applied For | $635,000 |
| Average Applicant Income | $34,900 |
| Highest Applicant Income | $242,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
99 | $9,456,000 |
$92,500 | $322,000 |
$39,000 | $242,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
39 | $5,680,000 |
$145,000 | $635,000 |
$49,000 | $230,000 |
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| American Indian or Alaskan Native |
1 | $140,000 |
$140,000 | $140,000 |
$35,000 | $35,000 |
| Asian or Pacific Islander |
2 | $202,000 |
$101,000 | $117,000 |
$121,000 | $242,000 |
| Black |
78 | $7,495,000 |
$93,000 | $205,000 |
$33,500 | $108,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Information not provided by applicant in mail or telephone application |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $85,000 |
$85,000 | $85,000 |
$24,000 | $24,000 |
| White |
56 | $7,214,000 |
$128,000 | $635,000 |
$53,000 | $240,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
133 | $14,568,000 |
$99,500 | $635,000 |
$39,500 | $242,000 |
| FHA-insured (Federal Housing Administration) |
2 | $222,000 |
$111,000 | $120,000 |
$37,000 | $38,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $346,000 |
$115,000 | $135,000 |
$36,000 | $59,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
64 | $6,180,000 |
$93,000 | $519,000 |
$41,000 | $242,000 |
| Application Withdrawn By Applicant |
5 | $553,000 |
$110,000 | $175,000 |
$53,000 | $76,000 |
| File Closed For Incompleteness |
42 | $4,272,000 |
$101,000 | $248,000 |
$40,000 | $230,000 |
| Loan Originated |
27 | $4,131,000 |
$153,000 | $635,000 |
$52,000 | $164,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| 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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Mortgage Loan App Totals for 1ST ASSET MORTGAGE by:
Metropolitan Area And
County
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