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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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ACADEMY FINANCIAL SERVICES LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
ACADEMY FINANCIAL SERVICES LLC |
| Address | 2701 WELLS FARGO WAY, MAC X9902-01R
MINNEAPOLIS, MN 55467 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| Data Years (click a year for detail) | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 878 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $198,358,000 |
| Average Mortgage Loan Amount Applied For | $215,362 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $120,465 |
| Highest Applicant Income | $839,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
814 | $183,471,000 |
$238,230 | $1,000,000 |
$121,384 | $839,000 |
| Refinancing |
81 | $18,961,000 |
$240,125 | $830,000 |
$124,875 | $749,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
13 | $3,046,000 |
$234,000 | $515,000 |
$93,000 | $207,000 |
| Black or African American |
21 | $3,618,000 |
$162,000 | $351,000 |
$58,500 | $184,000 |
| Hispanic |
23 | $4,365,000 |
$138,500 | $544,000 |
$47,000 | $225,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $196,000 |
$196,000 | $196,000 |
$78,000 | $78,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
139 | $32,225,000 |
$200,000 | $808,000 |
$142,500 | $700,000 |
| White |
698 | $158,982,000 |
$237,866 | $1,000,000 |
$127,866 | $839,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
852 | $195,860,000 |
$237,600 | $1,000,000 |
$123,333 | $839,000 |
| FHA-insured (Federal Housing Administration) |
40 | $6,134,000 |
$131,750 | $221,000 |
$114,000 | $302,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $438,000 |
$146,000 | $187,000 |
$39,000 | $57,000 |
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| Application Approved But Not Accepted |
49 | $10,683,000 |
$218,000 | $432,000 |
$95,000 | $300,000 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
829 | $187,675,000 |
$229,400 | $1,000,000 |
$116,933 | $839,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
17 | $4,074,000 |
$239,000 | $650,000 |
$199,000 | $302,000 |
| Preapproval Denied by Financial 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 ACADEMY FINANCIAL SERVICES LLC by:
Metropolitan Area And
County
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