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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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AMERICAN MORTGAGE SERVICE CO
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN MORTGAGE SERVICE CO |
| Address | 11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 2,372 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $318,050,000 |
| Average Mortgage Loan Amount Applied For | $120,130 |
| Highest Mortgage Loan Amount Applied For | $698,000 |
| Average Applicant Income | $55,036 |
| Highest Applicant Income | $2,447,000 |
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| Home Improvement |
27 | $298,000 |
$11,000 | $107,000 |
$43,000 | $75,000 |
| Home Purchase |
2,032 | $273,920,000 |
$134,000 | $650,000 |
$61,000 | $2,447,000 |
| Refinancing |
314 | $43,897,000 |
$139,000 | $698,000 |
$67,000 | $480,000 |
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| American Indian or Alaskan Native |
6 | $815,000 |
$135,000 | $191,000 |
$53,000 | $94,000 |
| Asian |
40 | $6,968,000 |
$174,000 | $650,000 |
$70,000 | $170,000 |
| Black or African American |
201 | $26,102,000 |
$129,000 | $380,000 |
$55,000 | $261,000 |
| Hispanic |
42 | $5,859,000 |
$139,000 | $246,000 |
$56,000 | $103,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $309,000 |
$103,000 | $115,000 |
$38,000 | $42,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
48 | $6,116,000 |
$127,000 | $297,000 |
$56,000 | $222,000 |
| White |
2,033 | $271,946,000 |
$133,000 | $698,000 |
$63,000 | $2,447,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,476 | $206,838,000 |
$140,000 | $698,000 |
$67,000 | $480,000 |
| FHA-insured (Federal Housing Administration) |
697 | $83,914,000 |
$120,000 | $256,000 |
$54,000 | $2,447,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
56 | $5,638,000 |
$100,000 | $158,000 |
$38,000 | $61,000 |
| VA-guaranteed (Veterans Administration) |
144 | $21,725,000 |
$150,000 | $379,000 |
$61,000 | $194,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
55 | $7,186,000 |
$130,000 | $250,000 |
$38,000 | $113,000 |
| Application Withdrawn By Applicant |
279 | $36,963,000 |
$132,000 | $650,000 |
$59,000 | $432,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,039 | $273,966,000 |
$134,000 | $698,000 |
$63,000 | $2,447,000 |
| 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 |
7 | $994,000 |
$142,000 | $246,000 |
$45,000 | $73,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
22 | $2,757,000 |
$125,000 | $204,000 |
$33,000 | $113,000 |
| Debt-To-Income Ratio |
14 | $1,943,000 |
$138,000 | $224,000 |
$43,000 | $77,000 |
| Employment History |
5 | $716,000 |
$143,000 | $189,000 |
$33,000 | $63,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $74,000 |
$74,000 | $74,000 |
$28,000 | $28,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN MORTGAGE SERVICE CO by:
Metropolitan Area And
County
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