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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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ALLIANCE MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALLIANCE MORTGAGE COMPANY |
| Address | 8100 NATIONS WAY
JACKSONVILLE, FL 32256 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 48,928 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,680,952,000 |
| Average Mortgage Loan Amount Applied For | $132,366 |
| Highest Mortgage Loan Amount Applied For | $2,400,000 |
| Average Applicant Income | $65,558 |
| Highest Applicant Income | $3,960,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
11,289 | $2,420,073,000 |
$187,772 | $2,400,000 |
$93,545 | $2,676,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
37,639 | $7,260,879,000 |
$146,740 | $2,400,000 |
$58,420 | $3,960,000 |
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| American Indian or Alaskan Native |
144 | $28,112,000 |
$161,600 | $600,000 |
$69,350 | $405,000 |
| Asian or Pacific Islander |
9,151 | $2,148,061,000 |
$195,666 | $1,201,000 |
$73,400 | $3,600,000 |
| Black |
2,046 | $319,147,000 |
$130,411 | $665,000 |
$53,058 | $3,276,000 |
| Hispanic |
3,450 | $605,369,000 |
$134,485 | $810,000 |
$61,800 | $1,200,000 |
| Information not provided by applicant in mail or telephone application |
5,447 | $1,015,567,000 |
$145,916 | $2,400,000 |
$58,041 | $2,258,000 |
| Not applicable |
40 | $11,328,000 |
$247,666 | $438,000 |
$24,666 | $76,000 |
| Other |
595 | $118,198,000 |
$156,848 | $650,000 |
$71,272 | $636,000 |
| White |
28,055 | $5,435,170,000 |
$152,000 | $2,400,000 |
$65,060 | $3,960,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
48,791 | $9,664,365,000 |
$151,240 | $2,400,000 |
$63,780 | $3,960,000 |
| FHA-insured (Federal Housing Administration) |
66 | $10,112,000 |
$96,222 | $376,000 |
$103,222 | $648,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
4 | $370,000 |
$81,333 | $191,000 |
$20,000 | $63,000 |
| VA-guaranteed (Veterans Administration) |
67 | $6,105,000 |
$94,000 | $271,000 |
$24,150 | $866,000 |
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| Application Approved But Not Accepted |
1,439 | $299,962,000 |
$122,933 | $997,000 |
$34,100 | $3,960,000 |
| Application Denied By Financial Institution |
949 | $169,181,000 |
$131,200 | $1,150,000 |
$57,428 | $1,500,000 |
| Application Withdrawn By Applicant |
536 | $87,636,000 |
$117,483 | $900,000 |
$60,580 | $948,000 |
| File Closed For Incompleteness |
508 | $69,382,000 |
$112,885 | $2,400,000 |
$70,057 | $2,664,000 |
| Loan Originated |
8,503 | $1,469,334,000 |
$113,975 | $1,560,000 |
$40,625 | $3,258,000 |
| Loan Purchased By The Institution |
36,993 | $7,585,457,000 |
$170,940 | $2,400,000 |
$77,100 | $3,276,000 |
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| Collateral |
84 | $12,767,000 |
$162,100 | $750,000 |
$87,850 | $492,000 |
| Credit Application Incomplete |
2 | $203,000 |
$101,500 | $168,000 |
$27,000 | $44,000 |
| Credit History |
536 | $107,479,000 |
$138,285 | $1,150,000 |
$56,928 | $1,200,000 |
| Debt-To-Income Ratio |
77 | $14,923,000 |
$145,600 | $593,000 |
$66,000 | $540,000 |
| Employment History |
14 | $2,519,000 |
$117,600 | $470,000 |
$33,400 | $135,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
196 | $23,998,000 |
$110,192 | $429,000 |
$48,346 | $574,000 |
| Mortgage Insurance Denied |
1 | $99,000 |
$99,000 | $99,000 |
$28,000 | $28,000 |
| Other |
26 | $4,351,000 |
$86,666 | $384,000 |
$224,888 | $1,500,000 |
| Unverifiable Information |
13 | $2,842,000 |
$126,500 | $450,000 |
$32,750 | $148,000 |
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Mortgage Loan App Totals for ALLIANCE MORTGAGE COMPANY by:
Metropolitan Area And
County
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