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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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ALLIED HOME MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALLIED HOME MORTGAGE CORP. |
| Address | 6110 PINEMONT DR STE. 220
HOUSTON, TX 77092 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,457 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $427,091,000 |
| Average Mortgage Loan Amount Applied For | $161,753 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $70,102 |
| Highest Applicant Income | $1,584,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,235 | $177,457,000 |
$143,000 | $744,000 |
$68,000 | $1,140,000 |
| Refinancing |
1,238 | $251,781,000 |
$203,000 | $1,000,000 |
$80,000 | $1,584,000 |
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| American Indian or Alaskan Native |
13 | $2,231,000 |
$171,000 | $417,000 |
$69,000 | $196,000 |
| Asian |
40 | $7,897,000 |
$197,000 | $615,000 |
$70,000 | $150,000 |
| Black or African American |
481 | $75,960,000 |
$157,000 | $675,000 |
$61,000 | $281,000 |
| Hispanic |
198 | $32,191,000 |
$162,000 | $798,000 |
$67,000 | $367,000 |
| Native Hawaiin or Other Pacific Islander |
16 | $4,518,000 |
$282,000 | $550,000 |
$71,000 | $263,000 |
| Not applicable |
4 | $281,000 |
$70,000 | $159,000 |
$100,000 | $247,000 |
| Not Provided |
109 | $21,730,000 |
$199,000 | $581,000 |
$69,000 | $600,000 |
| White |
1,612 | $284,430,000 |
$176,000 | $1,000,000 |
$80,000 | $1,584,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,492 | $290,105,000 |
$194,000 | $1,000,000 |
$87,000 | $1,584,000 |
| FHA-insured (Federal Housing Administration) |
854 | $122,564,000 |
$143,000 | $460,000 |
$56,000 | $203,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
29 | $2,022,000 |
$69,000 | $173,000 |
$31,000 | $69,000 |
| VA-guaranteed (Veterans Administration) |
98 | $14,547,000 |
$148,000 | $333,000 |
$54,000 | $132,000 |
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| Application Approved But Not Accepted |
208 | $35,703,000 |
$171,000 | $472,000 |
$69,000 | $347,000 |
| Application Denied By Financial Institution |
332 | $54,736,000 |
$164,000 | $1,000,000 |
$69,000 | $840,000 |
| Application Withdrawn By Applicant |
160 | $28,847,000 |
$180,000 | $798,000 |
$84,000 | $1,140,000 |
| File Closed For Incompleteness |
40 | $6,831,000 |
$170,000 | $368,000 |
$83,000 | $600,000 |
| Loan Originated |
1,733 | $303,121,000 |
$174,000 | $956,000 |
$75,000 | $1,584,000 |
| 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 |
9 | $1,096,000 |
$121,000 | $190,000 |
$42,000 | $78,000 |
| Credit Application Incomplete |
1 | $234,000 |
$234,000 | $234,000 |
$92,000 | $92,000 |
| Credit History |
94 | $14,797,000 |
$157,000 | $581,000 |
$65,000 | $247,000 |
| Debt-To-Income Ratio |
45 | $6,677,000 |
$148,000 | $419,000 |
$63,000 | $840,000 |
| Employment History |
6 | $604,000 |
$100,000 | $159,000 |
$33,000 | $60,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $457,000 |
$114,000 | $221,000 |
$44,000 | $71,000 |
| Mortgage Insurance Denied |
4 | $178,000 |
$44,000 | $69,000 |
$81,000 | $81,000 |
| Other |
26 | $5,788,000 |
$222,000 | $950,000 |
$79,000 | $228,000 |
| Unverifiable Information |
2 | $173,000 |
$86,000 | $89,000 |
$37,000 | $39,000 |
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Mortgage Loan App Totals for ALLIED HOME MORTGAGE CORP. by:
Metropolitan Area And
County
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