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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 GROUP, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALLIED MORTGAGE GROUP, INC |
| Address | 7 BALA AVE, STE 108
BALA CYNWYD, PA 19004 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,176 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,009,757,000 |
| Average Mortgage Loan Amount Applied For | $191,515 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $91,202 |
| Highest Applicant Income | $1,589,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
4,378 | $684,278,000 |
$156,000 | $2,999,000 |
$86,000 | $1,380,000 |
| Refinancing |
1,934 | $354,352,000 |
$183,000 | $3,000,000 |
$95,000 | $1,589,000 |
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| American Indian or Alaskan Native |
11 | $1,708,000 |
$155,000 | $720,000 |
$80,000 | $328,000 |
| Asian |
172 | $41,787,000 |
$242,000 | $2,342,000 |
$111,000 | $516,000 |
| Black or African American |
1,171 | $165,426,000 |
$141,000 | $2,000,000 |
$70,000 | $816,000 |
| Hispanic |
680 | $102,723,000 |
$151,000 | $1,200,000 |
$66,000 | $678,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $2,794,000 |
$214,000 | $414,000 |
$102,000 | $295,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
263 | $50,871,000 |
$193,000 | $1,500,000 |
$92,000 | $1,000,000 |
| White |
4,002 | $673,321,000 |
$168,000 | $3,000,000 |
$97,000 | $1,589,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,026 | $996,413,000 |
$165,000 | $3,000,000 |
$90,000 | $1,589,000 |
| FHA-insured (Federal Housing Administration) |
266 | $38,075,000 |
$143,000 | $325,000 |
$53,000 | $160,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
20 | $4,142,000 |
$207,000 | $315,000 |
$70,000 | $122,000 |
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| Application Approved But Not Accepted |
722 | $131,332,000 |
$181,000 | $2,342,000 |
$92,000 | $1,000,000 |
| Application Denied By Financial Institution |
545 | $101,431,000 |
$186,000 | $2,999,000 |
$93,000 | $1,140,000 |
| Application Withdrawn By Applicant |
279 | $50,538,000 |
$181,000 | $3,000,000 |
$94,000 | $900,000 |
| File Closed For Incompleteness |
144 | $27,288,000 |
$189,000 | $1,426,000 |
$109,000 | $551,000 |
| Loan Originated |
4,620 | $727,575,000 |
$157,000 | $2,000,000 |
$87,000 | $1,589,000 |
| Loan Purchased By The Institution |
2 | $466,000 |
$233,000 | $348,000 |
$80,000 | $107,000 |
| 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 |
52 | $10,038,000 |
$193,000 | $975,000 |
$112,000 | $890,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
79 | $11,908,000 |
$150,000 | $405,000 |
$61,000 | $216,000 |
| Debt-To-Income Ratio |
62 | $12,803,000 |
$206,000 | $2,999,000 |
$83,000 | $1,140,000 |
| Employment History |
4 | $562,000 |
$140,000 | $183,000 |
$111,000 | $308,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $703,000 |
$234,000 | $483,000 |
$55,000 | $142,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
40 | $6,743,000 |
$168,000 | $720,000 |
$117,000 | $780,000 |
| Unverifiable Information |
20 | $3,415,000 |
$170,000 | $509,000 |
$90,000 | $233,000 |
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Mortgage Loan App Totals for ALLIED MORTGAGE GROUP, INC by:
Metropolitan Area And
County
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