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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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AXIOM FINANCIAL, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
AXIOM FINANCIAL, LLC |
| Address | 9350 S 150 E, #140
SANDY, UT 84070 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,935 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $409,533,000 |
| Average Mortgage Loan Amount Applied For | $157,789 |
| Highest Mortgage Loan Amount Applied For | $1,274,000 |
| Average Applicant Income | $82,543 |
| Highest Applicant Income | $1,175,000 |
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| Home Improvement |
11 | $669,000 |
$60,000 | $370,000 |
$64,000 | $222,000 |
| Home Purchase |
2,471 | $335,527,000 |
$135,000 | $1,000,000 |
$80,000 | $1,175,000 |
| Refinancing |
596 | $91,679,000 |
$153,000 | $1,274,000 |
$86,000 | $1,028,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $188,000 |
$94,000 | $150,000 |
$67,000 | $67,000 |
| Black or African American |
1 | $115,000 |
$115,000 | $115,000 |
$56,000 | $56,000 |
| Hispanic |
129 | $16,547,000 |
$128,000 | $392,000 |
$67,000 | $644,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $220,000 |
$220,000 | $220,000 |
$72,000 | $72,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,889 | $403,306,000 |
$139,000 | $1,274,000 |
$81,000 | $1,175,000 |
| White |
56 | $7,499,000 |
$133,000 | $800,000 |
$102,000 | $1,159,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,562 | $358,826,000 |
$140,000 | $1,274,000 |
$88,000 | $1,175,000 |
| FHA-insured (Federal Housing Administration) |
409 | $50,088,000 |
$122,000 | $221,000 |
$45,000 | $214,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
15 | $1,923,000 |
$128,000 | $201,000 |
$61,000 | $150,000 |
| VA-guaranteed (Veterans Administration) |
92 | $17,038,000 |
$185,000 | $343,000 |
$61,000 | $125,000 |
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| Application Approved But Not Accepted |
6 | $658,000 |
$109,000 | $306,000 |
$69,000 | $111,000 |
| Application Denied By Financial Institution |
57 | $8,396,000 |
$147,000 | $1,274,000 |
$73,000 | $618,000 |
| Application Withdrawn By Applicant |
194 | $26,503,000 |
$136,000 | $910,000 |
$74,000 | $1,159,000 |
| File Closed For Incompleteness |
33 | $4,290,000 |
$130,000 | $544,000 |
$75,000 | $683,000 |
| Loan Originated |
2,788 | $388,028,000 |
$139,000 | $1,000,000 |
$82,000 | $1,175,000 |
| 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 |
2 | $116,000 |
$58,000 | $98,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $444,000 |
$88,000 | $137,000 |
$43,000 | $50,000 |
| Debt-To-Income Ratio |
1 | $121,000 |
$121,000 | $121,000 |
$29,000 | $29,000 |
| Employment History |
2 | $128,000 |
$64,000 | $108,000 |
$52,000 | $69,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $451,000 |
$150,000 | $201,000 |
$76,000 | $124,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AXIOM FINANCIAL, LLC by:
Metropolitan Area And
County
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