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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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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 | Office of the Comptroller of the Currency (OCC) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 836 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $202,504,000 |
| Average Mortgage Loan Amount Applied For | $219,962 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $130,981 |
| Highest Applicant Income | $820,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
759 | $181,800,000 |
$244,500 | $1,000,000 |
$124,500 | $820,000 |
| Refinancing |
84 | $22,052,000 |
$200,500 | $1,000,000 |
$102,500 | $799,000 |
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| American Indian or Alaskan Native |
2 | $223,000 |
$111,000 | $135,000 |
$49,000 | $51,000 |
| Asian |
10 | $2,706,000 |
$270,000 | $550,000 |
$100,000 | $219,000 |
| Black or African American |
44 | $8,130,000 |
$297,500 | $604,000 |
$97,000 | $350,000 |
| Hispanic |
18 | $3,723,000 |
$206,000 | $377,000 |
$107,000 | $247,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $378,000 |
$126,000 | $168,000 |
$66,000 | $115,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
167 | $45,779,000 |
$333,400 | $1,000,000 |
$155,400 | $774,000 |
| White |
599 | $142,913,000 |
$207,500 | $1,000,000 |
$99,250 | $820,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
755 | $189,842,000 |
$245,375 | $1,000,000 |
$127,000 | $820,000 |
| FHA-insured (Federal Housing Administration) |
71 | $11,004,000 |
$136,333 | $228,000 |
$78,333 | $197,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
17 | $3,006,000 |
$163,000 | $301,000 |
$40,500 | $119,000 |
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| Application Approved But Not Accepted |
55 | $14,365,000 |
$343,000 | $900,000 |
$183,500 | $740,000 |
| 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 |
781 | $188,139,000 |
$232,000 | $1,000,000 |
$122,142 | $820,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
7 | $1,348,000 |
$192,000 | $360,000 |
$63,000 | $165,000 |
| 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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