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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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BANKERS MORTGAGE COMPANY, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANKERS MORTGAGE COMPANY, LLC |
| Address | 350 W. BURNSVILLE PARKWAY, SUITE 650
BURNSVILLE, MN 55337 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,286 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $211,279,000 |
| Average Mortgage Loan Amount Applied For | $170,606 |
| Highest Mortgage Loan Amount Applied For | $1,281,000 |
| Average Applicant Income | $110,075 |
| Highest Applicant Income | $1,443,000 |
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| Home Improvement |
8 | $363,000 |
$45,000 | $150,000 |
$68,000 | $180,000 |
| Home Purchase |
993 | $208,577,000 |
$210,000 | $1,281,000 |
$87,000 | $1,443,000 |
| Refinancing |
355 | $16,521,000 |
$46,000 | $94,000 |
$73,000 | $203,000 |
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| American Indian or Alaskan Native |
1 | $256,000 |
$256,000 | $256,000 |
$111,000 | $111,000 |
| Asian |
31 | $5,117,000 |
$165,000 | $332,000 |
$129,000 | $1,443,000 |
| Black or African American |
24 | $4,589,000 |
$191,000 | $337,000 |
$56,000 | $105,000 |
| Hispanic |
54 | $8,838,000 |
$163,000 | $304,000 |
$63,000 | $191,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $265,000 |
$132,000 | $210,000 |
$103,000 | $122,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
53 | $7,183,000 |
$135,000 | $512,000 |
$84,000 | $220,000 |
| White |
1,191 | $199,213,000 |
$167,000 | $1,281,000 |
$83,000 | $912,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,298 | $214,198,000 |
$165,000 | $1,281,000 |
$84,000 | $1,443,000 |
| FHA-insured (Federal Housing Administration) |
51 | $9,735,000 |
$190,000 | $256,000 |
$71,000 | $175,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
7 | $1,528,000 |
$218,000 | $305,000 |
$64,000 | $90,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
6 | $1,295,000 |
$215,000 | $391,000 |
$90,000 | $115,000 |
| Application Withdrawn By Applicant |
129 | $24,189,000 |
$187,000 | $570,000 |
$74,000 | $912,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,221 | $199,977,000 |
$163,000 | $1,281,000 |
$84,000 | $1,443,000 |
| 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 |
1 | $146,000 |
$146,000 | $146,000 |
$43,000 | $43,000 |
| 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 |
2 | $310,000 |
$155,000 | $180,000 |
$98,000 | $115,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BANKERS MORTGAGE COMPANY, LLC by:
Metropolitan Area And
County
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