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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 MIDWEST MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN MIDWEST MORTGAGE CORP |
| Address | 6363 YORK ROAD
PARMA HEIGHTS, OH 44130 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 1,102 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $135,851,000 |
| Average Mortgage Loan Amount Applied For | $144,153 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $81,564 |
| Highest Applicant Income | $656,000 |
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| Home Improvement |
2 | $222,000 |
$111,000 | $147,000 |
$81,000 | $99,000 |
| Home Purchase |
808 | $97,058,000 |
$224,857 | $650,000 |
$126,285 | $656,000 |
| Refinancing |
292 | $38,571,000 |
$145,500 | $606,000 |
$58,500 | $500,000 |
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| American Indian or Alaskan Native |
1 | $133,000 |
$133,000 | $133,000 |
$73,000 | $73,000 |
| Asian |
7 | $1,301,000 |
$175,000 | $360,000 |
$75,500 | $96,000 |
| Black or African American |
137 | $15,287,000 |
$111,000 | $527,000 |
$61,000 | $500,000 |
| Hispanic |
6 | $839,000 |
$139,000 | $265,000 |
$70,000 | $100,000 |
| Native Hawaiin or Other Pacific Islander |
16 | $1,272,000 |
$79,000 | $121,000 |
$33,000 | $48,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4 | $541,000 |
$135,000 | $192,000 |
$63,000 | $88,000 |
| White |
931 | $116,478,000 |
$206,750 | $650,000 |
$115,875 | $656,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
625 | $80,282,000 |
$209,000 | $650,000 |
$118,625 | $656,000 |
| FHA-insured (Federal Housing Administration) |
445 | $50,880,000 |
$114,000 | $238,000 |
$42,000 | $185,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
32 | $4,689,000 |
$146,000 | $281,000 |
$56,000 | $122,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
33 | $3,813,000 |
$153,500 | $313,000 |
$68,500 | $157,000 |
| Application Withdrawn By Applicant |
2 | $827,000 |
$413,000 | $527,000 |
$154,000 | $228,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,067 | $131,211,000 |
$208,625 | $650,000 |
$127,500 | $656,000 |
| 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 |
2 | $175,000 |
$87,000 | $92,000 |
$31,000 | $36,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $1,179,000 |
$117,000 | $224,000 |
$46,000 | $157,000 |
| Debt-To-Income Ratio |
6 | $532,000 |
$88,000 | $172,000 |
$29,000 | $61,000 |
| Employment History |
2 | $306,000 |
$153,000 | $222,000 |
$74,000 | $113,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $81,000 |
$81,000 | $81,000 |
$38,000 | $38,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
9 | $1,125,000 |
$207,000 | $313,000 |
$97,000 | $146,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN MIDWEST MORTGAGE CORP by:
Metropolitan Area And
County
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