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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 HOME MORTGAGE CO
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN HOME MORTGAGE CO |
| Address | P.O. BOX 21421
CHATTANOOGA, TN 37424 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 216 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,267,000 |
| Average Mortgage Loan Amount Applied For | $122,111 |
| Highest Mortgage Loan Amount Applied For | $304,000 |
| Average Applicant Income | $54,611 |
| Highest Applicant Income | $215,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
214 | $21,896,000 |
$102,000 | $275,000 |
$40,000 | $197,000 |
| Refinancing |
26 | $3,756,000 |
$144,000 | $304,000 |
$65,000 | $215,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $136,000 |
$136,000 | $136,000 |
$50,000 | $50,000 |
| Black or African American |
27 | $2,829,000 |
$104,000 | $169,000 |
$36,000 | $80,000 |
| Hispanic |
15 | $1,386,000 |
$92,000 | $204,000 |
$34,000 | $82,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
197 | $21,301,000 |
$108,000 | $304,000 |
$44,000 | $215,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
60 | $6,937,000 |
$115,000 | $304,000 |
$52,000 | $215,000 |
| FHA-insured (Federal Housing Administration) |
156 | $15,801,000 |
$101,000 | $203,000 |
$38,000 | $105,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
10 | $980,000 |
$98,000 | $130,000 |
$35,000 | $50,000 |
| VA-guaranteed (Veterans Administration) |
14 | $1,934,000 |
$138,000 | $275,000 |
$59,000 | $108,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
5 | $472,000 |
$94,000 | $140,000 |
$35,000 | $78,000 |
| Application Withdrawn By Applicant |
43 | $4,620,000 |
$107,000 | $208,000 |
$41,000 | $197,000 |
| File Closed For Incompleteness |
5 | $374,000 |
$74,000 | $127,000 |
$38,000 | $72,000 |
| Loan Originated |
187 | $20,186,000 |
$107,000 | $304,000 |
$43,000 | $215,000 |
| 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 |
2 | $121,000 |
$60,000 | $63,000 |
$17,000 | $19,000 |
| Credit History |
2 | $211,000 |
$105,000 | $138,000 |
$33,000 | $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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $140,000 |
$140,000 | $140,000 |
$78,000 | $78,000 |
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Mortgage Loan App Totals for AMERICAN HOME MORTGAGE CO by:
Metropolitan Area And
County
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