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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 MORTGAGE & FINANCIAL CO
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALLIED MORTGAGE & FINANCIAL CO |
| Address | 13680 NW 5TH STREET, SUITE 100
SUNRISE, FL 33325 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,537 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $735,359,000 |
| Average Mortgage Loan Amount Applied For | $336,400 |
| Highest Mortgage Loan Amount Applied For | $6,750,000 |
| Average Applicant Income | $135,277 |
| Highest Applicant Income | $6,300,000 |
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| Home Improvement |
19 | $5,903,000 |
$310,000 | $1,325,000 |
$314,000 | $2,988,000 |
| Home Purchase |
434 | $178,127,000 |
$410,000 | $6,750,000 |
$171,000 | $3,600,000 |
| Refinancing |
2,084 | $551,329,000 |
$264,000 | $5,100,000 |
$99,000 | $6,300,000 |
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| American Indian or Alaskan Native |
18 | $5,962,000 |
$331,000 | $1,320,000 |
$93,000 | $540,000 |
| Asian |
17 | $3,044,000 |
$179,000 | $536,000 |
$75,000 | $264,000 |
| Black or African American |
1,067 | $266,696,000 |
$249,000 | $5,150,000 |
$90,000 | $1,534,000 |
| Hispanic |
293 | $81,331,000 |
$277,000 | $2,600,000 |
$114,000 | $1,668,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $418,000 |
$209,000 | $238,000 |
$30,000 | $60,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $185,000 |
$92,000 | $110,000 |
$37,000 | $50,000 |
| White |
1,138 | $377,723,000 |
$331,000 | $6,750,000 |
$135,000 | $6,300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,537 | $735,359,000 |
$289,000 | $6,750,000 |
$113,000 | $6,300,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
161 | $39,909,000 |
$247,000 | $1,705,000 |
$80,000 | $1,406,000 |
| Application Denied By Financial Institution |
1,733 | $518,426,000 |
$299,000 | $6,750,000 |
$119,000 | $6,300,000 |
| Application Withdrawn By Applicant |
313 | $113,868,000 |
$363,000 | $5,150,000 |
$126,000 | $2,400,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
244 | $48,075,000 |
$197,000 | $1,820,000 |
$111,000 | $1,212,000 |
| Loan Purchased By The Institution |
86 | $15,081,000 |
$175,000 | $406,000 |
$21,000 | $132,000 |
| 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 |
36 | $12,758,000 |
$354,000 | $3,500,000 |
$103,000 | $620,000 |
| Credit Application Incomplete |
54 | $21,878,000 |
$405,000 | $4,800,000 |
$147,000 | $2,040,000 |
| Credit History |
837 | $285,047,000 |
$340,000 | $6,750,000 |
$135,000 | $6,300,000 |
| Debt-To-Income Ratio |
21 | $3,978,000 |
$189,000 | $1,200,000 |
$34,000 | $331,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $218,000 |
$109,000 | $134,000 |
$36,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
772 | $191,297,000 |
$247,000 | $3,000,000 |
$95,000 | $3,105,000 |
| Unverifiable Information |
6 | $2,169,000 |
$361,000 | $1,350,000 |
$130,000 | $360,000 |
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Mortgage Loan App Totals for ALLIED MORTGAGE & FINANCIAL CO by:
Metropolitan Area And
County
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