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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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AGCHOICE FARM CREDIT, ACA
Mortgage Loans and Application Details
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| Mortgage Company Name |
AGCHOICE FARM CREDIT, ACA |
| Address | 900 BENT CREEK BOULEVARD
MECHANICSBURG, PA 17050 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 632 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $88,463,000 |
| Average Mortgage Loan Amount Applied For | $134,510 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $78,244 |
| Highest Applicant Income | $709,000 |
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| Home Improvement |
80 | $4,986,000 |
$39,000 | $500,000 |
$63,500 | $709,000 |
| Home Purchase |
143 | $19,907,000 |
$123,000 | $720,000 |
$68,333 | $400,000 |
| Refinancing |
421 | $65,120,000 |
$218,333 | $1,400,000 |
$41,333 | $682,000 |
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| American Indian or Alaskan Native |
1 | $115,000 |
$115,000 | $115,000 |
$85,000 | $85,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $55,000 |
$55,000 | $55,000 |
$66,000 | $66,000 |
| Hispanic |
2 | $255,000 |
$127,000 | $200,000 |
$297,000 | $490,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
35 | $12,619,000 |
$360,000 | $1,000,000 |
$27,000 | $534,000 |
| Not Provided |
37 | $5,375,000 |
$145,000 | $256,000 |
$68,000 | $227,000 |
| White |
568 | $71,594,000 |
$125,500 | $1,400,000 |
$59,000 | $709,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
628 | $85,245,000 |
$127,750 | $1,400,000 |
$58,000 | $709,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
16 | $4,768,000 |
$298,000 | $782,000 |
$58,000 | $133,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
1 | $230,000 |
$230,000 | $230,000 |
$79,000 | $79,000 |
| Application Denied By Financial Institution |
19 | $5,406,000 |
$249,000 | $1,400,000 |
$48,000 | $369,000 |
| Application Withdrawn By Applicant |
17 | $1,463,000 |
$50,000 | $260,000 |
$40,000 | $115,000 |
| File Closed For Incompleteness |
2 | $250,000 |
$125,000 | $150,000 |
$57,000 | $64,000 |
| Loan Originated |
605 | $82,664,000 |
$118,000 | $1,000,000 |
$64,750 | $709,000 |
| 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 |
1 | $97,000 |
$97,000 | $97,000 |
$45,000 | $45,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $255,000 |
$91,000 | $120,000 |
$34,000 | $39,000 |
| Debt-To-Income Ratio |
4 | $204,000 |
$51,000 | $80,000 |
$48,000 | $77,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $2,800,000 |
$933,000 | $1,400,000 |
$306,000 | $369,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $1,709,000 |
$290,500 | $735,000 |
$40,500 | $102,000 |
| Unverifiable Information |
1 | $300,000 |
$300,000 | $300,000 |
$74,000 | $74,000 |
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Mortgage Loan App Totals for AGCHOICE FARM CREDIT, ACA by:
Metropolitan Area And
County
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