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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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ADVENT MORTGAGE, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
ADVENT MORTGAGE, LLC |
| Address | 305 N HURSTBOURNE LN SUITE 120
LOUISVILLE, KY 40222 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,301 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $325,569,000 |
| Average Mortgage Loan Amount Applied For | $135,137 |
| Highest Mortgage Loan Amount Applied For | $1,350,000 |
| Average Applicant Income | $59,562 |
| Highest Applicant Income | $669,000 |
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| Home Improvement |
41 | $5,900,000 |
$143,000 | $784,000 |
$58,000 | $408,000 |
| Home Purchase |
3,681 | $518,227,000 |
$140,000 | $1,350,000 |
$57,000 | $1,020,000 |
| Refinancing |
1,350 | $219,462,000 |
$162,000 | $1,200,000 |
$62,000 | $516,000 |
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| American Indian or Alaskan Native |
19 | $3,060,000 |
$161,000 | $500,000 |
$61,000 | $115,000 |
| Asian |
39 | $7,708,000 |
$197,000 | $417,000 |
$69,000 | $179,000 |
| Black or African American |
274 | $40,170,000 |
$146,000 | $980,000 |
$64,000 | $420,000 |
| Hispanic |
132 | $20,965,000 |
$158,000 | $784,000 |
$59,000 | $408,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,950 | $283,487,000 |
$145,000 | $1,200,000 |
$53,000 | $654,000 |
| White |
2,658 | $388,199,000 |
$146,000 | $1,350,000 |
$61,000 | $1,020,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,049 | $739,737,000 |
$146,000 | $1,350,000 |
$58,000 | $1,020,000 |
| FHA-insured (Federal Housing Administration) |
9 | $1,476,000 |
$164,000 | $238,000 |
$61,000 | $83,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
14 | $2,376,000 |
$169,000 | $240,000 |
$59,000 | $120,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3,933 | $608,999,000 |
$154,000 | $1,350,000 |
$56,000 | $1,020,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,139 | $134,590,000 |
$118,000 | $623,000 |
$64,000 | $240,000 |
| 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 |
77 | $10,396,000 |
$135,000 | $453,000 |
$54,000 | $264,000 |
| Credit Application Incomplete |
9 | $1,888,000 |
$209,000 | $975,000 |
$107,000 | $543,000 |
| Credit History |
747 | $106,800,000 |
$142,000 | $580,000 |
$44,000 | $654,000 |
| Debt-To-Income Ratio |
175 | $25,777,000 |
$147,000 | $400,000 |
$41,000 | $202,000 |
| Employment History |
4 | $461,000 |
$115,000 | $180,000 |
$34,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
10 | $1,025,000 |
$102,000 | $200,000 |
$46,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2,424 | $391,130,000 |
$161,000 | $1,200,000 |
$61,000 | $1,020,000 |
| Unverifiable Information |
7 | $797,000 |
$113,000 | $165,000 |
$44,000 | $95,000 |
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Mortgage Loan App Totals for ADVENT MORTGAGE, LLC by:
Metropolitan Area And
County
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