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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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AMERICAN BANCSHARES MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN BANCSHARES MORTGAGE |
| Address | 14211 COMMERCE WAY #100
MIAMI-LAKES, FL 33016 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 578 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $99,036,000 |
| Average Mortgage Loan Amount Applied For | $204,352 |
| Highest Mortgage Loan Amount Applied For | $1,377,000 |
| Average Applicant Income | $58,117 |
| Highest Applicant Income | $1,086,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
571 | $97,195,000 |
$170,000 | $1,377,000 |
$61,000 | $1,086,000 |
| Refinancing |
7 | $1,841,000 |
$263,000 | $650,000 |
$65,000 | $264,000 |
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| American Indian or Alaskan Native |
1 | $423,000 |
$423,000 | $423,000 |
$0 | $0 |
| Asian |
11 | $2,113,000 |
$192,000 | $597,000 |
$191,000 | $384,000 |
| Black or African American |
15 | $2,570,000 |
$171,000 | $416,000 |
$26,000 | $148,000 |
| Hispanic |
470 | $80,674,000 |
$171,000 | $1,377,000 |
$55,000 | $552,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $175,000 |
$175,000 | $175,000 |
$191,000 | $191,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
30 | $5,673,000 |
$189,000 | $650,000 |
$23,000 | $168,000 |
| White |
50 | $7,408,000 |
$148,000 | $640,000 |
$115,000 | $1,086,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
578 | $99,036,000 |
$171,000 | $1,377,000 |
$61,000 | $1,086,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
44 | $7,674,000 |
$174,000 | $650,000 |
$30,000 | $190,000 |
| Application Withdrawn By Applicant |
38 | $6,276,000 |
$165,000 | $520,000 |
$63,000 | $283,000 |
| File Closed For Incompleteness |
1 | $172,000 |
$172,000 | $172,000 |
$0 | $0 |
| Loan Originated |
495 | $84,914,000 |
$171,000 | $1,377,000 |
$64,000 | $1,086,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
38 | $6,801,000 |
$178,000 | $650,000 |
$25,000 | $190,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN BANCSHARES MORTGAGE by:
Metropolitan Area And
County
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