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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 MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN FINANCIAL MORTGAGE |
| Address | 1121 BOYCE ROAD STE 1700
PITTSBURGH, PA 15241 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 272 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,666,000 |
| Average Mortgage Loan Amount Applied For | $139,454 |
| Highest Mortgage Loan Amount Applied For | $450,000 |
| Average Applicant Income | $87,863 |
| Highest Applicant Income | $492,000 |
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| Home Improvement |
8 | $74,000 |
$9,000 | $20,000 |
$64,000 | $139,000 |
| Home Purchase |
242 | $28,333,000 |
$117,000 | $450,000 |
$70,000 | $492,000 |
| Refinancing |
22 | $2,259,000 |
$102,000 | $277,000 |
$81,000 | $177,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $172,000 |
$172,000 | $172,000 |
$70,000 | $70,000 |
| Black or African American |
1 | $51,000 |
$51,000 | $51,000 |
$32,000 | $32,000 |
| Hispanic |
1 | $160,000 |
$160,000 | $160,000 |
$60,000 | $60,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $220,000 |
$110,000 | $143,000 |
$52,000 | $73,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7 | $571,000 |
$81,000 | $145,000 |
$52,000 | $73,000 |
| White |
260 | $29,492,000 |
$113,000 | $450,000 |
$71,000 | $492,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
210 | $23,510,000 |
$111,000 | $450,000 |
$75,000 | $492,000 |
| FHA-insured (Federal Housing Administration) |
48 | $4,798,000 |
$99,000 | $194,000 |
$50,000 | $95,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
14 | $2,358,000 |
$168,000 | $280,000 |
$70,000 | $160,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
6 | $264,000 |
$44,000 | $95,000 |
$31,000 | $42,000 |
| Application Withdrawn By Applicant |
5 | $315,000 |
$63,000 | $124,000 |
$58,000 | $119,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
261 | $30,087,000 |
$115,000 | $450,000 |
$72,000 | $492,000 |
| 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 |
3 | $176,000 |
$58,000 | $95,000 |
$29,000 | $42,000 |
| 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 |
1 | $11,000 |
$11,000 | $11,000 |
$40,000 | $40,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN FINANCIAL MORTGAGE by:
Metropolitan Area And
County
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