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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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ACCLAIM MORTGAGE COMPANY INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
ACCLAIM MORTGAGE COMPANY INC. |
| Address | 4360 W OAKLAND PARK BLVD
LAUDERDALE LAKES, FL 33313 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 137 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,270,000 |
| Average Mortgage Loan Amount Applied For | $151,909 |
| Highest Mortgage Loan Amount Applied For | $556,000 |
| Average Applicant Income | $89,636 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
78 | $12,422,000 |
$159,000 | $556,000 |
$105,000 | $1,800,000 |
| Refinancing |
59 | $9,848,000 |
$166,000 | $486,000 |
$94,000 | $1,800,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
118 | $18,254,000 |
$154,000 | $496,000 |
$102,000 | $1,800,000 |
| Hispanic |
5 | $748,000 |
$149,000 | $316,000 |
$72,000 | $148,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5 | $1,475,000 |
$295,000 | $556,000 |
$142,000 | $176,000 |
| White |
9 | $1,793,000 |
$199,000 | $355,000 |
$62,000 | $134,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
128 | $20,251,000 |
$158,000 | $556,000 |
$102,000 | $1,800,000 |
| FHA-insured (Federal Housing Administration) |
7 | $1,645,000 |
$235,000 | $368,000 |
$73,000 | $113,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $374,000 |
$187,000 | $204,000 |
$55,000 | $60,000 |
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| Application Approved But Not Accepted |
3 | $205,000 |
$68,000 | $128,000 |
$44,000 | $66,000 |
| Application Denied By Financial Institution |
15 | $2,787,000 |
$185,000 | $295,000 |
$187,000 | $1,800,000 |
| Application Withdrawn By Applicant |
13 | $1,846,000 |
$142,000 | $556,000 |
$201,000 | $1,800,000 |
| File Closed For Incompleteness |
11 | $2,343,000 |
$213,000 | $520,000 |
$91,000 | $176,000 |
| Loan Originated |
95 | $15,089,000 |
$158,000 | $496,000 |
$75,000 | $906,000 |
| 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 |
5 | $917,000 |
$183,000 | $288,000 |
$84,000 | $176,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $256,000 |
$256,000 | $256,000 |
$58,000 | $58,000 |
| Debt-To-Income Ratio |
3 | $485,000 |
$161,000 | $264,000 |
$80,000 | $91,000 |
| Employment History |
2 | $350,000 |
$175,000 | $177,000 |
$61,000 | $70,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $241,000 |
$241,000 | $241,000 |
$0 | $0 |
| Unverifiable Information |
2 | $413,000 |
$206,000 | $295,000 |
$81,000 | $96,000 |
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Mortgage Loan App Totals for ACCLAIM MORTGAGE COMPANY INC. by:
Metropolitan Area And
County
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