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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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AMERIFUND MORTGAGE LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERIFUND MORTGAGE LLC |
| Address | 4000 ALLEN ROAD
ALLEN PARK, MI 48101 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 71 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,363,000 |
| Average Mortgage Loan Amount Applied For | $177,187 |
| Highest Mortgage Loan Amount Applied For | $1,313,000 |
| Average Applicant Income | $128,875 |
| Highest Applicant Income | $600,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
21 | $4,697,000 |
$223,000 | $700,000 |
$165,000 | $600,000 |
| Refinancing |
50 | $7,666,000 |
$153,000 | $1,313,000 |
$86,000 | $300,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $194,000 |
$97,000 | $99,000 |
$112,000 | $128,000 |
| Hispanic |
3 | $284,000 |
$94,000 | $135,000 |
$60,000 | $81,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $70,000 |
$70,000 | $70,000 |
$60,000 | $60,000 |
| White |
65 | $11,815,000 |
$181,000 | $1,313,000 |
$112,000 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
70 | $12,239,000 |
$174,000 | $1,313,000 |
$110,000 | $600,000 |
| FHA-insured (Federal Housing Administration) |
1 | $124,000 |
$124,000 | $124,000 |
$51,000 | $51,000 |
| 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 |
3 | $425,000 |
$141,000 | $169,000 |
$56,000 | $66,000 |
| Application Withdrawn By Applicant |
14 | $2,848,000 |
$203,000 | $1,313,000 |
$93,000 | $300,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
54 | $9,090,000 |
$168,000 | $700,000 |
$117,000 | $600,000 |
| 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 |
1 | $169,000 |
$169,000 | $169,000 |
$66,000 | $66,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $132,000 |
$132,000 | $132,000 |
$53,000 | $53,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $124,000 |
$124,000 | $124,000 |
$51,000 | $51,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERIFUND MORTGAGE LLC by:
Metropolitan Area And
County
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