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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 MORTGAGE LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN MORTGAGE LLC |
| Address | 913 S. 4TH ST., STE. 102
DEKALB, IL 60115 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 10,324 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,776,536,000 |
| Average Mortgage Loan Amount Applied For | $166,255 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $102,552 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement (one-to-four family) |
1 | $200,000 |
$200,000 | $200,000 |
$160,000 | $160,000 |
| Home Purchase (one-to-four family) |
1,625 | $262,540,000 |
$195,113 | $780,000 |
$117,636 | $5,380,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
8,736 | $1,520,619,000 |
$195,571 | $1,000,000 |
$114,489 | $6,000,000 |
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| American Indian or Alaskan Native |
22 | $3,782,000 |
$159,666 | $402,000 |
$80,555 | $233,000 |
| Asian or Pacific Islander |
1,014 | $216,399,000 |
$200,586 | $980,000 |
$100,379 | $1,126,000 |
| Black |
399 | $56,454,000 |
$163,176 | $520,000 |
$66,352 | $423,000 |
| Hispanic |
543 | $83,288,000 |
$161,714 | $474,000 |
$73,285 | $688,000 |
| Information not provided by applicant in mail or telephone application |
849 | $171,026,000 |
$208,477 | $1,000,000 |
$107,886 | $799,000 |
| Not applicable |
58 | $8,262,000 |
$178,285 | $415,000 |
$116,071 | $500,000 |
| Other |
46 | $7,372,000 |
$189,333 | $355,000 |
$73,333 | $180,000 |
| White |
7,431 | $1,236,776,000 |
$194,877 | $997,000 |
$124,469 | $6,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
9,300 | $1,635,693,000 |
$196,081 | $1,000,000 |
$119,081 | $6,000,000 |
| FHA-insured (Federal Housing Administration) |
963 | $134,144,000 |
$118,428 | $325,000 |
$34,214 | $271,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $168,000 |
$168,000 | $168,000 |
$38,000 | $38,000 |
| VA-guaranteed (Veterans Administration) |
98 | $13,354,000 |
$133,538 | $240,000 |
$20,615 | $102,000 |
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| Application Approved But Not Accepted |
404 | $79,929,000 |
$225,270 | $891,000 |
$134,783 | $5,380,000 |
| Application Denied By Financial Institution |
412 | $74,766,000 |
$205,571 | $780,000 |
$94,114 | $889,000 |
| Application Withdrawn By Applicant |
114 | $22,478,000 |
$270,095 | $793,000 |
$137,285 | $799,000 |
| File Closed For Incompleteness |
22 | $3,607,000 |
$189,000 | $320,000 |
$75,700 | $217,000 |
| Loan Originated |
8,238 | $1,451,866,000 |
$192,489 | $1,000,000 |
$117,918 | $6,000,000 |
| Loan Purchased By The Institution |
1,172 | $150,713,000 |
$123,157 | $600,000 |
$73,052 | $811,000 |
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| Collateral |
46 | $8,957,000 |
$195,588 | $780,000 |
$94,411 | $300,000 |
| Credit Application Incomplete |
26 | $6,233,000 |
$250,416 | $650,000 |
$125,333 | $360,000 |
| Credit History |
188 | $31,433,000 |
$194,000 | $695,000 |
$82,142 | $889,000 |
| Debt-To-Income Ratio |
92 | $18,176,000 |
$201,440 | $612,000 |
$74,800 | $287,000 |
| Employment History |
20 | $3,724,000 |
$213,636 | $490,000 |
$97,090 | $283,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $526,000 |
$131,000 | $144,000 |
$50,000 | $88,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
26 | $3,695,000 |
$144,333 | $250,000 |
$75,500 | $145,000 |
| Unverifiable Information |
10 | $2,022,000 |
$154,000 | $468,000 |
$77,666 | $349,000 |
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Mortgage Loan App Totals for AMERICAN MORTGAGE LLC by:
Metropolitan Area And
County
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