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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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ALL AMERICAN FINANCIAL SERVICE
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALL AMERICAN FINANCIAL SERVICE |
| Address | 3500 PARKWAY LN, SUITE 450 NORCROSS, GA 30092 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 37 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,279,000 |
| Average Mortgage Loan Amount Applied For | $220,857 |
| Highest Mortgage Loan Amount Applied For | $960,000 |
| Average Applicant Income | $141,523 |
| Highest Applicant Income | $609,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
18 | $2,712,000 |
$133,500 | $296,000 |
$94,500 | $282,000 |
| Refinancing |
32 | $10,106,000 |
$462,250 | $1,040,000 |
$326,250 | $609,000 |
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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 |
16 | $2,678,000 |
$167,000 | $770,000 |
$73,000 | $171,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $3,182,000 |
$257,333 | $960,000 |
$144,000 | $480,000 |
| White |
23 | $6,958,000 |
$314,666 | $1,040,000 |
$285,000 | $609,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
48 | $12,624,000 |
$309,750 | $1,040,000 |
$257,250 | $609,000 |
| FHA-insured (Federal Housing Administration) |
2 | $194,000 |
$97,000 | $114,000 |
$60,000 | $60,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
4 | $1,344,000 |
$336,000 | $960,000 |
$263,000 | $480,000 |
| Application Denied By Financial Institution |
21 | $5,055,000 |
$322,000 | $1,040,000 |
$147,333 | $600,000 |
| Application Withdrawn By Applicant |
7 | $2,169,000 |
$287,333 | $741,000 |
$271,333 | $609,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
17 | $4,150,000 |
$244,000 | $770,000 |
$130,000 | $282,000 |
| 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 |
1 | $100,000 |
$100,000 | $100,000 |
$120,000 | $120,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
1 | $216,000 |
$216,000 | $216,000 |
$78,000 | $78,000 |
| Credit History |
6 | $727,000 |
$112,500 | $195,000 |
$97,000 | $142,000 |
| Debt-To-Income Ratio |
12 | $3,627,000 |
$398,000 | $1,040,000 |
$194,500 | $600,000 |
| Employment History |
2 | $315,000 |
$157,000 | $200,000 |
$52,000 | $72,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 ALL AMERICAN FINANCIAL SERVICE by:
Metropolitan Area And
County
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