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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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AMERICA'S MORTGAGE ALLIANCE
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICA'S MORTGAGE ALLIANCE |
| Address | 11941 WEST 48TH AVE, STE 200
WHEAT RIDGE, CO 80033 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 156 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $43,180,000 |
| Average Mortgage Loan Amount Applied For | $253,000 |
| Highest Mortgage Loan Amount Applied For | $1,997,000 |
| Average Applicant Income | $114,428 |
| Highest Applicant Income | $496,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
82 | $17,481,000 |
$213,000 | $1,000,000 |
$96,000 | $480,000 |
| Refinancing |
74 | $25,699,000 |
$347,000 | $1,997,000 |
$132,000 | $496,000 |
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| American Indian or Alaskan Native |
1 | $308,000 |
$308,000 | $308,000 |
$144,000 | $144,000 |
| Asian |
3 | $624,000 |
$208,000 | $417,000 |
$110,000 | $149,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
8 | $1,356,000 |
$169,000 | $417,000 |
$59,000 | $105,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
14 | $3,679,000 |
$262,000 | $570,000 |
$137,000 | $480,000 |
| White |
130 | $37,213,000 |
$286,000 | $1,997,000 |
$114,000 | $496,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
152 | $42,605,000 |
$280,000 | $1,997,000 |
$115,000 | $496,000 |
| FHA-insured (Federal Housing Administration) |
4 | $575,000 |
$143,000 | $231,000 |
$32,000 | $61,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
7 | $680,000 |
$97,000 | $177,000 |
$42,000 | $55,000 |
| Application Withdrawn By Applicant |
29 | $6,465,000 |
$222,000 | $650,000 |
$111,000 | $496,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
120 | $36,035,000 |
$300,000 | $1,997,000 |
$118,000 | $480,000 |
| 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 | $134,000 |
$67,000 | $104,000 |
$46,000 | $46,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $434,000 |
$108,000 | $177,000 |
$44,000 | $55,000 |
| Debt-To-Income Ratio |
1 | $112,000 |
$112,000 | $112,000 |
$27,000 | $27,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICA'S MORTGAGE ALLIANCE by:
Metropolitan Area And
County
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