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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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AMERIFUNDING/AMERIMAX REALTY
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERIFUNDING/AMERIMAX REALTY |
| Address | 7400 E CRESTLINE CIRCLE #110
GREENWOOD VILLAGE, CO 80111 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 123 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,178,000 |
| Average Mortgage Loan Amount Applied For | $173,755 |
| Highest Mortgage Loan Amount Applied For | $652,000 |
| Average Applicant Income | $79,955 |
| Highest Applicant Income | $480,000 |
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| Home Improvement (one-to-four family) |
1 | $108,000 |
$108,000 | $108,000 |
$24,000 | $24,000 |
| Home Purchase (one-to-four family) |
32 | $6,438,000 |
$110,500 | $652,000 |
$91,500 | $480,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
90 | $16,632,000 |
$162,846 | $604,000 |
$67,153 | $176,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
5 | $779,000 |
$128,666 | $252,000 |
$116,333 | $216,000 |
| Black |
4 | $778,000 |
$177,500 | $250,000 |
$97,000 | $157,000 |
| Hispanic |
13 | $2,186,000 |
$238,500 | $322,000 |
$66,000 | $116,000 |
| Information not provided by applicant in mail or telephone application |
8 | $1,397,000 |
$169,666 | $333,000 |
$72,333 | $151,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
93 | $18,038,000 |
$155,923 | $652,000 |
$66,076 | $480,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
120 | $22,737,000 |
$151,000 | $652,000 |
$71,076 | $480,000 |
| FHA-insured (Federal Housing Administration) |
3 | $441,000 |
$150,000 | $162,000 |
$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 |
6 | $1,191,000 |
$247,500 | $322,000 |
$76,000 | $164,000 |
| Application Denied By Financial Institution |
7 | $1,223,000 |
$155,000 | $371,000 |
$64,400 | $151,000 |
| Application Withdrawn By Applicant |
8 | $1,651,000 |
$152,000 | $347,000 |
$60,000 | $164,000 |
| File Closed For Incompleteness |
1 | $96,000 |
$96,000 | $96,000 |
$100,000 | $100,000 |
| Loan Originated |
101 | $19,017,000 |
$154,000 | $652,000 |
$71,181 | $480,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $136,000 |
$136,000 | $136,000 |
$50,000 | $50,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $524,000 |
$262,000 | $371,000 |
$117,500 | $151,000 |
| Debt-To-Income Ratio |
1 | $114,000 |
$114,000 | $114,000 |
$25,000 | $25,000 |
| 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 |
2 | $301,000 |
$150,000 | $160,000 |
$50,000 | $52,000 |
| Unverifiable Information |
1 | $148,000 |
$148,000 | $148,000 |
$79,000 | $79,000 |
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Mortgage Loan App Totals for AMERIFUNDING/AMERIMAX REALTY by:
Metropolitan Area And
County
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