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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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ASSURED MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
ASSURED MORTGAGE, INC. |
| Address | 12660 W. CAPITOL DR. #100
BROOKFIELD, WI 53005 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 724 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $122,556,000 |
| Average Mortgage Loan Amount Applied For | $148,685 |
| Highest Mortgage Loan Amount Applied For | $1,242,000 |
| Average Applicant Income | $111,057 |
| Highest Applicant Income | $3,772,000 |
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| Home Improvement |
1 | $14,000 |
$14,000 | $14,000 |
$51,000 | $51,000 |
| Home Purchase |
532 | $86,033,000 |
$161,000 | $1,242,000 |
$87,000 | $3,772,000 |
| Refinancing |
216 | $39,684,000 |
$183,000 | $990,000 |
$85,000 | $420,000 |
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| American Indian or Alaskan Native |
1 | $263,000 |
$263,000 | $263,000 |
$150,000 | $150,000 |
| Asian |
4 | $672,000 |
$168,000 | $328,000 |
$74,000 | $148,000 |
| Black or African American |
17 | $2,533,000 |
$149,000 | $299,000 |
$109,000 | $160,000 |
| Hispanic |
10 | $1,611,000 |
$161,000 | $280,000 |
$70,000 | $145,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $245,000 |
$122,000 | $123,000 |
$55,000 | $61,000 |
| Not Provided |
10 | $1,372,000 |
$137,000 | $260,000 |
$64,000 | $158,000 |
| White |
705 | $119,035,000 |
$168,000 | $1,242,000 |
$86,000 | $3,772,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
727 | $122,106,000 |
$167,000 | $1,242,000 |
$87,000 | $3,772,000 |
| FHA-insured (Federal Housing Administration) |
16 | $2,380,000 |
$148,000 | $200,000 |
$63,000 | $132,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
6 | $1,245,000 |
$207,000 | $293,000 |
$61,000 | $102,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
27 | $3,488,000 |
$129,000 | $240,000 |
$84,000 | $160,000 |
| Application Withdrawn By Applicant |
64 | $9,000,000 |
$140,000 | $460,000 |
$65,000 | $166,000 |
| File Closed For Incompleteness |
3 | $476,000 |
$158,000 | $260,000 |
$43,000 | $82,000 |
| Loan Originated |
655 | $112,767,000 |
$172,000 | $1,242,000 |
$89,000 | $3,772,000 |
| 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 |
4 | $718,000 |
$179,000 | $210,000 |
$84,000 | $143,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $414,000 |
$103,000 | $158,000 |
$48,000 | $70,000 |
| Debt-To-Income Ratio |
3 | $412,000 |
$137,000 | $158,000 |
$44,000 | $61,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $77,000 |
$77,000 | $77,000 |
$28,000 | $28,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $818,000 |
$136,000 | $223,000 |
$68,000 | $105,000 |
| Unverifiable Information |
8 | $995,000 |
$124,000 | $240,000 |
$131,000 | $160,000 |
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Mortgage Loan App Totals for ASSURED MORTGAGE, INC. by:
Metropolitan Area And
County
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