|
|
| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
|
|
|
|
|
|
AMERISAVE MORTGAGE CORPORATION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
AMERISAVE MORTGAGE CORPORATION |
| Address | 3525 PIEDMONT ROAD, BUILDING 6, STE 710
ATLANTA, GA 30305 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 19,690 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,012,129,000 |
| Average Mortgage Loan Amount Applied For | $181,638 |
| Highest Mortgage Loan Amount Applied For | $4,095,000 |
| Average Applicant Income | $92,938 |
| Highest Applicant Income | $9,001,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
6,597 | $1,530,576,000 |
$232,000 | $3,900,000 |
$111,000 | $9,001,000 |
| Refinancing |
13,095 | $3,482,150,000 |
$265,000 | $4,095,000 |
$111,000 | $8,009,000 |
|
|
| American Indian or Alaskan Native |
86 | $18,820,000 |
$218,000 | $690,000 |
$96,000 | $576,000 |
| Asian |
561 | $186,744,000 |
$332,000 | $1,400,000 |
$128,000 | $1,028,000 |
| Black or African American |
1,179 | $255,117,000 |
$216,000 | $1,950,000 |
$89,000 | $5,013,000 |
| Hispanic |
806 | $209,818,000 |
$260,000 | $2,000,000 |
$102,000 | $7,162,000 |
| Native Hawaiin or Other Pacific Islander |
63 | $19,930,000 |
$316,000 | $1,267,000 |
$127,000 | $841,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8,753 | $2,329,232,000 |
$266,000 | $4,095,000 |
$114,000 | $9,001,000 |
| White |
8,244 | $1,993,065,000 |
$241,000 | $2,100,000 |
$111,000 | $9,001,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
18,922 | $4,887,152,000 |
$258,000 | $4,095,000 |
$113,000 | $9,001,000 |
| FHA-insured (Federal Housing Administration) |
770 | $125,574,000 |
$163,000 | $800,000 |
$68,000 | $708,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
9,961 | $2,547,080,000 |
$255,000 | $4,095,000 |
$110,000 | $9,001,000 |
| Application Denied By Financial Institution |
4,475 | $1,018,396,000 |
$227,000 | $2,940,000 |
$94,000 | $5,207,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
5,256 | $1,447,250,000 |
$275,000 | $2,000,000 |
$129,000 | $5,556,000 |
| 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 |
553 | $126,574,000 |
$228,000 | $1,600,000 |
$119,000 | $2,000,000 |
| Credit Application Incomplete |
7 | $2,228,000 |
$318,000 | $640,000 |
$90,000 | $284,000 |
| Credit History |
2,051 | $409,347,000 |
$199,000 | $2,940,000 |
$83,000 | $5,207,000 |
| Debt-To-Income Ratio |
960 | $250,988,000 |
$261,000 | $1,750,000 |
$85,000 | $1,848,000 |
| Employment History |
24 | $6,837,000 |
$284,000 | $1,281,000 |
$89,000 | $225,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
179 | $39,191,000 |
$218,000 | $914,000 |
$97,000 | $1,050,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
574 | $148,611,000 |
$258,000 | $2,000,000 |
$107,000 | $3,000,000 |
| Unverifiable Information |
105 | $28,505,000 |
$271,000 | $1,300,000 |
$158,000 | $1,110,000 |
|
Mortgage Loan App Totals for AMERISAVE MORTGAGE CORPORATION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
