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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 | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 754 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $111,887,000 |
| Average Mortgage Loan Amount Applied For | $152,644 |
| Highest Mortgage Loan Amount Applied For | $1,221,000 |
| Average Applicant Income | $128,915 |
| Highest Applicant Income | $8,646,000 |
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| Home Improvement |
74 | $5,396,000 |
$72,000 | $1,221,000 |
$110,000 | $856,000 |
| Home Purchase |
272 | $41,272,000 |
$151,000 | $850,000 |
$104,000 | $1,852,000 |
| Refinancing |
431 | $67,279,000 |
$156,000 | $980,000 |
$517,000 | $8,646,000 |
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| American Indian or Alaskan Native |
3 | $511,000 |
$170,000 | $221,000 |
$62,000 | $111,000 |
| Asian |
2 | $670,000 |
$335,000 | $570,000 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $408,000 |
$136,000 | $201,000 |
$53,000 | $79,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $125,000 |
$125,000 | $125,000 |
$0 | $0 |
| Not applicable |
31 | $8,329,000 |
$268,000 | $775,000 |
$346,000 | $3,604,000 |
| Not Provided |
38 | $4,950,000 |
$130,000 | $440,000 |
$82,000 | $596,000 |
| White |
699 | $98,954,000 |
$141,000 | $1,221,000 |
$350,000 | $8,646,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
766 | $109,854,000 |
$143,000 | $1,221,000 |
$336,000 | $8,646,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
10 | $3,943,000 |
$394,000 | $550,000 |
$164,000 | $742,000 |
| VA-guaranteed (Veterans Administration) |
1 | $150,000 |
$150,000 | $150,000 |
$0 | $0 |
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| Application Approved But Not Accepted |
11 | $1,590,000 |
$144,000 | $285,000 |
$102,000 | $321,000 |
| Application Denied By Financial Institution |
53 | $6,553,000 |
$123,000 | $440,000 |
$62,000 | $288,000 |
| Application Withdrawn By Applicant |
23 | $3,410,000 |
$148,000 | $440,000 |
$69,000 | $264,000 |
| File Closed For Incompleteness |
1 | $25,000 |
$25,000 | $25,000 |
$36,000 | $36,000 |
| Loan Originated |
689 | $102,369,000 |
$148,000 | $1,221,000 |
$367,000 | $8,646,000 |
| 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 |
6 | $683,000 |
$113,000 | $200,000 |
$62,000 | $84,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
35 | $4,129,000 |
$117,000 | $424,000 |
$64,000 | $288,000 |
| Debt-To-Income Ratio |
5 | $808,000 |
$161,000 | $440,000 |
$41,000 | $99,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $278,000 |
$92,000 | $105,000 |
$67,000 | $93,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $620,000 |
$206,000 | $326,000 |
$85,000 | $119,000 |
| Unverifiable Information |
1 | $35,000 |
$35,000 | $35,000 |
$15,000 | $15,000 |
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Mortgage Loan App Totals for AGCHOICE FARM CREDIT, ACA by:
Metropolitan Area And
County
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