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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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ASSURITY FINANCIAL SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
ASSURITY FINANCIAL SERVICES |
| Address | 6025 SOUTH QUEBEC STREET, #350
ENGLEWOOD, CO 80111 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,213 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $389,124,000 |
| Average Mortgage Loan Amount Applied For | $169,951 |
| Highest Mortgage Loan Amount Applied For | $1,331,000 |
| Average Applicant Income | $51,756 |
| Highest Applicant Income | $826,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
186 | $34,640,000 |
$186,000 | $1,331,000 |
$78,000 | $826,000 |
| Refinancing |
2,128 | $371,502,000 |
$174,000 | $750,000 |
$46,000 | $321,000 |
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| American Indian or Alaskan Native |
33 | $5,577,000 |
$169,000 | $294,000 |
$46,000 | $120,000 |
| Asian |
26 | $4,968,000 |
$191,000 | $327,000 |
$57,000 | $122,000 |
| Black or African American |
174 | $32,618,000 |
$187,000 | $1,331,000 |
$39,000 | $208,000 |
| Hispanic |
363 | $60,384,000 |
$166,000 | $341,000 |
$41,000 | $173,000 |
| Native Hawaiin or Other Pacific Islander |
21 | $3,840,000 |
$182,000 | $270,000 |
$68,000 | $171,000 |
| Not applicable |
1 | $184,000 |
$184,000 | $184,000 |
$0 | $0 |
| Not Provided |
138 | $25,261,000 |
$183,000 | $405,000 |
$45,000 | $240,000 |
| White |
1,558 | $273,310,000 |
$175,000 | $999,000 |
$51,000 | $826,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
490 | $90,656,000 |
$185,000 | $1,331,000 |
$68,000 | $826,000 |
| FHA-insured (Federal Housing Administration) |
1,623 | $280,337,000 |
$172,000 | $355,000 |
$46,000 | $208,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
201 | $35,149,000 |
$174,000 | $356,000 |
$24,000 | $173,000 |
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| Application Approved But Not Accepted |
228 | $40,131,000 |
$176,000 | $355,000 |
$41,000 | $193,000 |
| Application Denied By Financial Institution |
252 | $47,134,000 |
$187,000 | $1,331,000 |
$48,000 | $348,000 |
| Application Withdrawn By Applicant |
308 | $55,063,000 |
$178,000 | $490,000 |
$48,000 | $240,000 |
| File Closed For Incompleteness |
37 | $6,151,000 |
$166,000 | $314,000 |
$43,000 | $113,000 |
| Loan Originated |
1,489 | $257,663,000 |
$173,000 | $660,000 |
$50,000 | $826,000 |
| 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 |
20 | $5,234,000 |
$261,000 | $1,331,000 |
$51,000 | $145,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
82 | $14,702,000 |
$179,000 | $300,000 |
$53,000 | $208,000 |
| Debt-To-Income Ratio |
44 | $7,491,000 |
$170,000 | $325,000 |
$42,000 | $95,000 |
| Employment History |
7 | $1,448,000 |
$206,000 | $257,000 |
$56,000 | $131,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $271,000 |
$271,000 | $271,000 |
$72,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
27 | $5,596,000 |
$207,000 | $999,000 |
$42,000 | $348,000 |
| Unverifiable Information |
6 | $1,171,000 |
$195,000 | $292,000 |
$73,000 | $148,000 |
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Mortgage Loan App Totals for ASSURITY FINANCIAL SERVICES by:
Metropolitan Area And
County
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