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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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AME FINANCIAL CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
AME FINANCIAL CORPORATION |
| Address | WAYNE BONERTZ
4036 WETHERBURN WAY, GA 30092 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,394 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $262,524,000 |
| Average Mortgage Loan Amount Applied For | $216,524 |
| Highest Mortgage Loan Amount Applied For | $1,650,000 |
| Average Applicant Income | $105,508 |
| Highest Applicant Income | $1,906,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
774 | $134,873,000 |
$174,000 | $1,176,000 |
$103,000 | $1,906,000 |
| Refinancing |
620 | $127,651,000 |
$205,000 | $1,650,000 |
$91,000 | $1,200,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
67 | $16,465,000 |
$245,000 | $951,000 |
$113,000 | $660,000 |
| Black or African American |
267 | $37,690,000 |
$141,000 | $1,040,000 |
$73,000 | $400,000 |
| Hispanic |
43 | $8,433,000 |
$196,000 | $847,000 |
$91,000 | $258,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $786,000 |
$157,000 | $404,000 |
$50,000 | $106,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
96 | $18,736,000 |
$195,000 | $1,390,000 |
$76,000 | $395,000 |
| White |
916 | $180,414,000 |
$196,000 | $1,650,000 |
$107,000 | $1,906,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,374 | $258,134,000 |
$187,000 | $1,650,000 |
$98,000 | $1,906,000 |
| FHA-insured (Federal Housing Administration) |
19 | $2,990,000 |
$157,000 | $253,000 |
$54,000 | $125,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $1,400,000 |
$1,400,000 | $1,400,000 |
$852,000 | $852,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
106 | $17,407,000 |
$164,000 | $1,550,000 |
$89,000 | $500,000 |
| Application Withdrawn By Applicant |
392 | $75,816,000 |
$193,000 | $1,650,000 |
$93,000 | $1,200,000 |
| File Closed For Incompleteness |
2 | $263,000 |
$131,000 | $141,000 |
$55,000 | $60,000 |
| Loan Originated |
161 | $33,329,000 |
$207,000 | $960,000 |
$108,000 | $1,421,000 |
| Loan Purchased By The Institution |
733 | $135,709,000 |
$185,000 | $1,400,000 |
$100,000 | $1,906,000 |
| 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 |
7 | $874,000 |
$124,000 | $524,000 |
$167,000 | $250,000 |
| Credit Application Incomplete |
3 | $207,000 |
$69,000 | $98,000 |
$182,000 | $400,000 |
| Credit History |
13 | $3,939,000 |
$303,000 | $1,550,000 |
$112,000 | $500,000 |
| Debt-To-Income Ratio |
6 | $1,184,000 |
$197,000 | $400,000 |
$114,000 | $304,000 |
| Employment History |
1 | $274,000 |
$274,000 | $274,000 |
$121,000 | $121,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $265,000 |
$88,000 | $130,000 |
$99,000 | $132,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $836,000 |
$104,000 | $193,000 |
$60,000 | $115,000 |
| Unverifiable Information |
2 | $229,000 |
$114,000 | $121,000 |
$244,000 | $444,000 |
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Mortgage Loan App Totals for AME FINANCIAL CORPORATION by:
Metropolitan Area And
County
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