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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 CHOICE MORTGAGE, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST CHOICE MORTGAGE, LLC |
| Address | 3232 NEWMARK DR.
MIAMISBURG, OH 45342 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 46 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,907,000 |
| Average Mortgage Loan Amount Applied For | $118,750 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $68,750 |
| Highest Applicant Income | $236,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
43 | $4,985,000 |
$115,000 | $281,000 |
$70,000 | $236,000 |
| Refinancing |
3 | $922,000 |
$307,000 | $600,000 |
$110,000 | $188,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $79,000 |
$79,000 | $79,000 |
$89,000 | $89,000 |
| Black or African American |
5 | $633,000 |
$126,000 | $240,000 |
$63,000 | $99,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
40 | $5,195,000 |
$129,000 | $600,000 |
$74,000 | $236,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
22 | $3,402,000 |
$154,000 | $600,000 |
$83,000 | $236,000 |
| FHA-insured (Federal Housing Administration) |
23 | $2,389,000 |
$103,000 | $163,000 |
$64,000 | $146,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $116,000 |
$116,000 | $116,000 |
$65,000 | $65,000 |
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| Application Approved But Not Accepted |
6 | $930,000 |
$155,000 | $244,000 |
$60,000 | $99,000 |
| Application Denied By Financial Institution |
4 | $463,000 |
$115,000 | $159,000 |
$43,000 | $65,000 |
| Application Withdrawn By Applicant |
3 | $849,000 |
$283,000 | $600,000 |
$97,000 | $188,000 |
| File Closed For Incompleteness |
1 | $50,000 |
$50,000 | $50,000 |
$91,000 | $91,000 |
| Loan Originated |
32 | $3,615,000 |
$112,000 | $281,000 |
$76,000 | $236,000 |
| 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 |
1 | $64,000 |
$64,000 | $64,000 |
$23,000 | $23,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $399,000 |
$133,000 | $159,000 |
$50,000 | $65,000 |
| 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 CHOICE MORTGAGE, LLC by:
Metropolitan Area And
County
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