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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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ATLAS MORTGAGE FUNDING CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
ATLAS MORTGAGE FUNDING CORP |
| Address | 4801 S LAKESHORE DRIVE 108 TEMPE, AZ 85282 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 901 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $196,931,000 |
| Average Mortgage Loan Amount Applied For | $187,450 |
| Highest Mortgage Loan Amount Applied For | $3,160,000 |
| Average Applicant Income | $145,583 |
| Highest Applicant Income | $1,275,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
593 | $123,934,000 |
$208,000 | $3,160,000 |
$131,000 | $789,000 |
| Refinancing |
317 | $74,349,000 |
$234,000 | $3,000,000 |
$149,000 | $1,275,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
28 | $5,217,000 |
$186,000 | $440,000 |
$220,000 | $567,000 |
| Black or African American |
44 | $7,984,000 |
$181,000 | $820,000 |
$116,000 | $264,000 |
| Hispanic |
147 | $28,656,000 |
$194,000 | $1,765,000 |
$94,000 | $606,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $430,000 |
$430,000 | $430,000 |
$282,000 | $282,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
113 | $22,146,000 |
$195,000 | $1,050,000 |
$131,000 | $600,000 |
| White |
577 | $133,850,000 |
$231,000 | $3,160,000 |
$147,000 | $1,275,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
902 | $196,792,000 |
$218,000 | $3,160,000 |
$138,000 | $1,275,000 |
| FHA-insured (Federal Housing Administration) |
8 | $1,491,000 |
$186,000 | $204,000 |
$59,000 | $83,000 |
| 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 |
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| Application Approved But Not Accepted |
44 | $8,656,000 |
$196,000 | $1,313,000 |
$81,000 | $483,000 |
| Application Denied By Financial Institution |
164 | $44,014,000 |
$268,000 | $3,160,000 |
$153,000 | $1,200,000 |
| Application Withdrawn By Applicant |
29 | $9,779,000 |
$337,000 | $1,765,000 |
$297,000 | $1,275,000 |
| File Closed For Incompleteness |
4 | $249,000 |
$62,000 | $184,000 |
$468,000 | $504,000 |
| Loan Originated |
669 | $135,585,000 |
$202,000 | $1,388,000 |
$128,000 | $696,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ATLAS MORTGAGE FUNDING CORP by:
Metropolitan Area And
County
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