|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
AMTRUST MORTGAGE CORPORATION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
AMTRUST MORTGAGE CORPORATION |
| Address | 100 GLENRIDGE POINT PKWY, SUITE 400
ATLANTA, GA 30342 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 7,355 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,181,653,000 |
| Average Mortgage Loan Amount Applied For | $171,085 |
| Highest Mortgage Loan Amount Applied For | $2,750,000 |
| Average Applicant Income | $85,159 |
| Highest Applicant Income | $3,916,000 |
|
|
|
| Home Improvement |
15 | $3,296,000 |
$219,000 | $623,000 |
$136,000 | $720,000 |
| Home Purchase |
6,365 | $1,004,174,000 |
$157,000 | $2,750,000 |
$93,000 | $3,916,000 |
| Refinancing |
1,202 | $214,369,000 |
$178,000 | $1,960,000 |
$85,000 | $1,500,000 |
|
|
| American Indian or Alaskan Native |
11 | $2,268,000 |
$206,000 | $917,000 |
$166,000 | $642,000 |
| Asian |
109 | $23,735,000 |
$217,000 | $796,000 |
$132,000 | $891,000 |
| Black or African American |
1,616 | $216,899,000 |
$134,000 | $2,500,000 |
$71,000 | $1,901,000 |
| Hispanic |
607 | $76,852,000 |
$126,000 | $980,000 |
$50,000 | $336,000 |
| Native Hawaiin or Other Pacific Islander |
22 | $2,845,000 |
$129,000 | $320,000 |
$54,000 | $300,000 |
| Not applicable |
1 | $146,000 |
$146,000 | $146,000 |
$0 | $0 |
| Not Provided |
1,358 | $214,309,000 |
$157,000 | $2,000,000 |
$87,000 | $1,360,000 |
| White |
3,858 | $684,785,000 |
$177,000 | $2,750,000 |
$108,000 | $3,916,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,743 | $1,102,217,000 |
$163,000 | $2,750,000 |
$100,000 | $3,916,000 |
| FHA-insured (Federal Housing Administration) |
530 | $74,057,000 |
$139,000 | $362,000 |
$31,000 | $263,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
21 | $2,685,000 |
$127,000 | $504,000 |
$54,000 | $175,000 |
| VA-guaranteed (Veterans Administration) |
288 | $42,880,000 |
$148,000 | $378,000 |
$22,000 | $206,000 |
|
|
| Application Approved But Not Accepted |
32 | $4,261,000 |
$133,000 | $456,000 |
$62,000 | $183,000 |
| Application Denied By Financial Institution |
1,085 | $154,732,000 |
$142,000 | $1,813,000 |
$89,000 | $1,901,000 |
| Application Withdrawn By Applicant |
1,500 | $236,252,000 |
$157,000 | $2,500,000 |
$85,000 | $1,553,000 |
| File Closed For Incompleteness |
23 | $5,632,000 |
$244,000 | $2,000,000 |
$86,000 | $251,000 |
| Loan Originated |
4,940 | $820,847,000 |
$166,000 | $2,750,000 |
$95,000 | $3,916,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $92,000 |
$92,000 | $92,000 |
$35,000 | $35,000 |
| Preapproval Denied by Financial Institution |
1 | $23,000 |
$23,000 | $23,000 |
$35,000 | $35,000 |
|
|
| Collateral |
46 | $5,638,000 |
$122,000 | $417,000 |
$114,000 | $500,000 |
| Credit Application Incomplete |
5 | $771,000 |
$154,000 | $416,000 |
$15,000 | $39,000 |
| Credit History |
117 | $17,659,000 |
$150,000 | $1,120,000 |
$105,000 | $1,901,000 |
| Debt-To-Income Ratio |
44 | $4,763,000 |
$108,000 | $504,000 |
$97,000 | $891,000 |
| Employment History |
15 | $2,830,000 |
$188,000 | $560,000 |
$99,000 | $540,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
17 | $2,086,000 |
$122,000 | $458,000 |
$87,000 | $240,000 |
| Mortgage Insurance Denied |
1 | $51,000 |
$51,000 | $51,000 |
$66,000 | $66,000 |
| Other |
477 | $74,280,000 |
$155,000 | $1,813,000 |
$91,000 | $981,000 |
| Unverifiable Information |
29 | $3,242,000 |
$111,000 | $328,000 |
$73,000 | $540,000 |
|
Mortgage Loan App Totals for AMTRUST MORTGAGE CORPORATION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
