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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 FINANCIAL FUNDING COR
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN FINANCIAL FUNDING COR |
| Address | 10649 W. 163RD PLACE
ORLAND PARK, IL 60467 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 364 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $64,649,000 |
| Average Mortgage Loan Amount Applied For | $211,583 |
| Highest Mortgage Loan Amount Applied For | $980,000 |
| Average Applicant Income | $148,958 |
| Highest Applicant Income | $594,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
285 | $51,277,000 |
$179,000 | $1,000,000 |
$111,000 | $600,000 |
| Refinancing |
185 | $30,986,000 |
$167,000 | $600,000 |
$102,000 | $422,000 |
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| American Indian or Alaskan Native |
2 | $210,000 |
$105,000 | $114,000 |
$34,000 | $50,000 |
| Asian |
3 | $1,185,000 |
$395,000 | $1,000,000 |
$145,000 | $348,000 |
| Black or African American |
114 | $19,547,000 |
$171,000 | $880,000 |
$94,000 | $302,000 |
| Hispanic |
28 | $4,279,000 |
$152,000 | $352,000 |
$75,000 | $200,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $2,188,000 |
$198,000 | $454,000 |
$85,000 | $285,000 |
| White |
312 | $54,854,000 |
$175,000 | $980,000 |
$117,000 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
469 | $82,141,000 |
$175,000 | $1,000,000 |
$108,000 | $600,000 |
| FHA-insured (Federal Housing Administration) |
1 | $122,000 |
$122,000 | $122,000 |
$50,000 | $50,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
6 | $754,000 |
$125,000 | $252,000 |
$101,000 | $165,000 |
| Application Withdrawn By Applicant |
12 | $1,657,000 |
$138,000 | $232,000 |
$83,000 | $180,000 |
| File Closed For Incompleteness |
6 | $469,000 |
$78,000 | $120,000 |
$71,000 | $198,000 |
| Loan Originated |
446 | $79,383,000 |
$177,000 | $1,000,000 |
$109,000 | $600,000 |
| 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 |
3 | $446,000 |
$148,000 | $252,000 |
$119,000 | $165,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $76,000 |
$76,000 | $76,000 |
$138,000 | $138,000 |
| Debt-To-Income Ratio |
1 | $88,000 |
$88,000 | $88,000 |
$71,000 | $71,000 |
| Employment History |
1 | $144,000 |
$144,000 | $144,000 |
$42,000 | $42,000 |
| 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 FINANCIAL FUNDING COR by:
Metropolitan Area And
County
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