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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 EQUITY MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN EQUITY MORTGAGE |
| Address | 11933 WESTLINE INDUSTRIAL DR
ST LOUIS, MO 63146 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 8,199 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,145,511,000 |
| Average Mortgage Loan Amount Applied For | $132,202 |
| Highest Mortgage Loan Amount Applied For | $840,000 |
| Average Applicant Income | $51,506 |
| Highest Applicant Income | $960,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
658 | $81,089,000 |
$123,000 | $710,000 |
$56,000 | $600,000 |
| Refinancing |
7,588 | $1,070,370,000 |
$141,000 | $840,000 |
$55,000 | $960,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
338 | $54,187,000 |
$160,000 | $570,000 |
$57,000 | $322,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7,907 | $1,097,219,000 |
$138,000 | $840,000 |
$55,000 | $960,000 |
| White |
1 | $53,000 |
$53,000 | $53,000 |
$63,000 | $63,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7,829 | $1,096,721,000 |
$140,000 | $840,000 |
$56,000 | $960,000 |
| FHA-insured (Federal Housing Administration) |
417 | $54,738,000 |
$131,000 | $319,000 |
$43,000 | $230,000 |
| 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 |
23 | $3,536,000 |
$153,000 | $531,000 |
$69,000 | $148,000 |
| Application Denied By Financial Institution |
2,084 | $278,410,000 |
$133,000 | $710,000 |
$53,000 | $960,000 |
| Application Withdrawn By Applicant |
4,172 | $592,950,000 |
$142,000 | $840,000 |
$50,000 | $960,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,967 | $276,563,000 |
$140,000 | $800,000 |
$68,000 | $542,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN EQUITY MORTGAGE by:
Metropolitan Area And
County
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