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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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ACADIANA MORTGAGE OF LOUISIANA
Mortgage Loans and Application Details
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| Mortgage Company Name |
ACADIANA MORTGAGE OF LOUISIANA |
| Address | 1017 BENTON ROAD
BOSSIER CITY, LA 71111 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 26 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,607,000 |
| Average Mortgage Loan Amount Applied For | $153,333 |
| Highest Mortgage Loan Amount Applied For | $425,000 |
| Average Applicant Income | $81,000 |
| Highest Applicant Income | $168,000 |
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| Home Improvement |
1 | $45,000 |
$45,000 | $45,000 |
$95,000 | $95,000 |
| Home Purchase |
24 | $3,327,000 |
$120,000 | $425,000 |
$60,000 | $168,000 |
| Refinancing |
4 | $523,000 |
$130,000 | $360,000 |
$53,000 | $82,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $156,000 |
$78,000 | $97,000 |
$37,000 | $37,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $94,000 |
$94,000 | $94,000 |
$31,000 | $31,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $288,000 |
$104,500 | $130,000 |
$68,500 | $80,000 |
| White |
23 | $3,357,000 |
$138,000 | $425,000 |
$55,500 | $168,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
24 | $3,275,000 |
$121,500 | $425,000 |
$55,000 | $168,000 |
| FHA-insured (Federal Housing Administration) |
2 | $204,000 |
$102,000 | $124,000 |
$70,500 | $80,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $416,000 |
$138,000 | $232,000 |
$47,000 | $80,000 |
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| Application Approved But Not Accepted |
13 | $1,699,000 |
$130,000 | $360,000 |
$53,000 | $112,000 |
| Application Denied By Financial Institution |
4 | $694,000 |
$173,000 | $425,000 |
$78,000 | $168,000 |
| Application Withdrawn By Applicant |
5 | $537,000 |
$107,000 | $212,000 |
$71,000 | $95,000 |
| File Closed For Incompleteness |
1 | $75,000 |
$75,000 | $75,000 |
$37,000 | $37,000 |
| Loan Originated |
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 |
6 | $890,000 |
$148,000 | $304,000 |
$66,000 | $135,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $581,000 |
$102,500 | $232,000 |
$68,000 | $80,000 |
| Debt-To-Income Ratio |
2 | $196,000 |
$98,000 | $130,000 |
$31,000 | $41,000 |
| Employment History |
1 | $78,000 |
$78,000 | $78,000 |
$42,000 | $42,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $304,000 |
$304,000 | $304,000 |
$135,000 | $135,000 |
| 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 ACADIANA MORTGAGE OF LOUISIANA by:
Metropolitan Area And
County
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