|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
AMERIFUND MORTGAGE LLC
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
AMERIFUND MORTGAGE LLC |
| Address | 1040 E. MAPLE ROAD, STE. 100
BIRMINGHAM, MI 48009 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 325 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $54,795,000 |
| Average Mortgage Loan Amount Applied For | $185,640 |
| Highest Mortgage Loan Amount Applied For | $1,373,000 |
| Average Applicant Income | $148,840 |
| Highest Applicant Income | $1,008,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
88 | $18,783,000 |
$227,500 | $1,373,000 |
$114,500 | $900,000 |
| Refinancing |
237 | $36,012,000 |
$158,500 | $1,225,000 |
$140,500 | $1,008,000 |
|
|
| American Indian or Alaskan Native |
1 | $68,000 |
$68,000 | $68,000 |
$38,000 | $38,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
19 | $2,807,000 |
$147,000 | $1,225,000 |
$87,000 | $301,000 |
| Hispanic |
2 | $173,000 |
$86,000 | $146,000 |
$63,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $90,000 |
$90,000 | $90,000 |
$48,000 | $48,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
33 | $6,102,000 |
$205,500 | $957,000 |
$165,500 | $840,000 |
| White |
269 | $45,555,000 |
$185,000 | $1,373,000 |
$114,500 | $1,008,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
321 | $54,154,000 |
$188,500 | $1,373,000 |
$127,500 | $1,008,000 |
| FHA-insured (Federal Housing Administration) |
2 | $303,000 |
$151,000 | $175,000 |
$52,000 | $55,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $338,000 |
$169,000 | $175,000 |
$52,000 | $53,000 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $190,000 |
$190,000 | $190,000 |
$105,000 | $105,000 |
| Application Withdrawn By Applicant |
51 | $7,263,000 |
$142,000 | $957,000 |
$108,000 | $480,000 |
| File Closed For Incompleteness |
2 | $438,000 |
$219,000 | $418,000 |
$124,000 | $198,000 |
| Loan Originated |
271 | $46,904,000 |
$191,000 | $1,373,000 |
$126,000 | $1,008,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $190,000 |
$190,000 | $190,000 |
$105,000 | $105,000 |
| 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 |
|
Mortgage Loan App Totals for AMERIFUND MORTGAGE LLC by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
