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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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AMERICAP FIFNANCIAL INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAP FIFNANCIAL INC |
| Address | 614 HADDONFIELD ROAD
CHERRY HILL, NJ 08002 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 953 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $179,499,000 |
| Average Mortgage Loan Amount Applied For | $179,000 |
| Highest Mortgage Loan Amount Applied For | $765,000 |
| Average Applicant Income | $58,638 |
| Highest Applicant Income | $664,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
953 | $179,499,000 |
$188,000 | $765,000 |
$63,000 | $664,000 |
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| American Indian or Alaskan Native |
1 | $104,000 |
$104,000 | $104,000 |
$70,000 | $70,000 |
| Asian |
1 | $155,000 |
$155,000 | $155,000 |
$40,000 | $40,000 |
| Black or African American |
72 | $12,280,000 |
$170,000 | $349,000 |
$51,000 | $180,000 |
| Hispanic |
35 | $6,446,000 |
$184,000 | $369,000 |
$49,000 | $191,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $331,000 |
$331,000 | $331,000 |
$115,000 | $115,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
627 | $119,350,000 |
$190,000 | $765,000 |
$63,000 | $420,000 |
| White |
216 | $40,833,000 |
$189,000 | $765,000 |
$67,000 | $664,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
953 | $179,499,000 |
$188,000 | $765,000 |
$63,000 | $664,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
29 | $6,117,000 |
$210,000 | $382,000 |
$70,000 | $191,000 |
| Application Denied By Financial Institution |
71 | $12,871,000 |
$181,000 | $430,000 |
$61,000 | $170,000 |
| Application Withdrawn By Applicant |
310 | $59,850,000 |
$193,000 | $765,000 |
$67,000 | $565,000 |
| File Closed For Incompleteness |
13 | $2,819,000 |
$216,000 | $360,000 |
$63,000 | $172,000 |
| Loan Originated |
530 | $97,842,000 |
$184,000 | $765,000 |
$60,000 | $664,000 |
| 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 |
8 | $1,176,000 |
$147,000 | $280,000 |
$41,000 | $65,000 |
| Credit Application Incomplete |
2 | $428,000 |
$214,000 | $250,000 |
$68,000 | $92,000 |
| Credit History |
8 | $1,553,000 |
$194,000 | $430,000 |
$73,000 | $168,000 |
| Debt-To-Income Ratio |
3 | $465,000 |
$155,000 | $252,000 |
$76,000 | $92,000 |
| Employment History |
1 | $188,000 |
$188,000 | $188,000 |
$49,000 | $49,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
7 | $1,224,000 |
$174,000 | $400,000 |
$72,000 | $140,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
20 | $3,758,000 |
$187,000 | $428,000 |
$67,000 | $170,000 |
| Unverifiable Information |
1 | $47,000 |
$47,000 | $47,000 |
$49,000 | $49,000 |
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Mortgage Loan App Totals for AMERICAP FIFNANCIAL INC by:
Metropolitan Area And
County
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