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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 STAR MORTGAGE FINANCIAL
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALL STAR MORTGAGE FINANCIAL |
| Address | 8830 CORAL WAY
MIAMI, FL 33165 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 612 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $132,713,000 |
| Average Mortgage Loan Amount Applied For | $138,300 |
| Highest Mortgage Loan Amount Applied For | $1,950,000 |
| Average Applicant Income | $56,300 |
| Highest Applicant Income | $480,000 |
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| Home Improvement |
2 | $350,000 |
$175,000 | $256,000 |
$58,000 | $86,000 |
| Home Purchase |
460 | $98,465,000 |
$214,000 | $920,000 |
$73,000 | $396,000 |
| Refinancing |
150 | $33,898,000 |
$225,000 | $1,950,000 |
$76,000 | $480,000 |
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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 |
89 | $12,849,000 |
$144,000 | $553,000 |
$54,000 | $264,000 |
| Hispanic |
389 | $99,962,000 |
$256,000 | $920,000 |
$81,000 | $480,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $357,000 |
$178,000 | $184,000 |
$51,000 | $71,000 |
| Not Provided |
14 | $1,712,000 |
$122,000 | $272,000 |
$69,000 | $122,000 |
| White |
118 | $17,833,000 |
$151,000 | $1,950,000 |
$68,000 | $470,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
410 | $101,315,000 |
$247,000 | $1,950,000 |
$83,000 | $480,000 |
| FHA-insured (Federal Housing Administration) |
198 | $30,604,000 |
$154,000 | $553,000 |
$54,000 | $134,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $794,000 |
$198,000 | $254,000 |
$64,000 | $75,000 |
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| Application Approved But Not Accepted |
8 | $1,174,000 |
$146,000 | $270,000 |
$52,000 | $133,000 |
| Application Denied By Financial Institution |
16 | $3,892,000 |
$243,000 | $467,000 |
$80,000 | $144,000 |
| Application Withdrawn By Applicant |
86 | $25,311,000 |
$294,000 | $1,950,000 |
$90,000 | $470,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
502 | $102,336,000 |
$203,000 | $920,000 |
$71,000 | $480,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $217,000 |
$217,000 | $217,000 |
$60,000 | $60,000 |
| Debt-To-Income Ratio |
1 | $145,000 |
$145,000 | $145,000 |
$40,000 | $40,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $248,000 |
$248,000 | $248,000 |
$144,000 | $144,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
9 | $2,050,000 |
$227,000 | $309,000 |
$75,000 | $117,000 |
| Unverifiable Information |
3 | $1,016,000 |
$338,000 | $467,000 |
$84,000 | $116,000 |
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Mortgage Loan App Totals for ALL STAR MORTGAGE FINANCIAL by:
Metropolitan Area And
County
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