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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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BELL AMERICA MORTGAGE LLC DBA
Mortgage Loans and Application Details
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| Mortgage Company Name |
BELL AMERICA MORTGAGE LLC DBA |
| Address | 10301 WAYZATA BOULEVARD
MINNETONKA, MN 55305 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,141 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $902,304,000 |
| Average Mortgage Loan Amount Applied For | $176,723 |
| Highest Mortgage Loan Amount Applied For | $3,120,000 |
| Average Applicant Income | $76,390 |
| Highest Applicant Income | $9,600,000 |
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| Home Improvement |
5 | $1,443,000 |
$288,000 | $650,000 |
$122,000 | $195,000 |
| Home Purchase |
2,683 | $571,404,000 |
$212,000 | $3,120,000 |
$87,000 | $9,600,000 |
| Refinancing |
1,453 | $329,457,000 |
$226,000 | $1,500,000 |
$80,000 | $1,924,000 |
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| American Indian or Alaskan Native |
5 | $896,000 |
$179,000 | $272,000 |
$54,000 | $107,000 |
| Asian |
70 | $13,745,000 |
$196,000 | $436,000 |
$62,000 | $159,000 |
| Black or African American |
50 | $10,271,000 |
$205,000 | $400,000 |
$83,000 | $545,000 |
| Hispanic |
64 | $11,248,000 |
$175,000 | $423,000 |
$63,000 | $199,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $587,000 |
$195,000 | $221,000 |
$57,000 | $64,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
247 | $59,231,000 |
$239,000 | $3,120,000 |
$95,000 | $2,430,000 |
| White |
3,702 | $806,326,000 |
$217,000 | $2,531,000 |
$85,000 | $9,600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,555 | $796,390,000 |
$224,000 | $3,120,000 |
$89,000 | $9,600,000 |
| FHA-insured (Federal Housing Administration) |
500 | $87,803,000 |
$175,000 | $280,000 |
$58,000 | $221,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
86 | $18,111,000 |
$210,000 | $415,000 |
$59,000 | $123,000 |
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| Application Approved But Not Accepted |
35 | $7,669,000 |
$219,000 | $645,000 |
$80,000 | $360,000 |
| Application Denied By Financial Institution |
100 | $17,149,000 |
$171,000 | $620,000 |
$47,000 | $210,000 |
| Application Withdrawn By Applicant |
850 | $190,696,000 |
$224,000 | $3,120,000 |
$97,000 | $9,600,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,976 | $656,358,000 |
$220,000 | $2,531,000 |
$83,000 | $875,000 |
| Loan Purchased By The Institution |
180 | $30,432,000 |
$169,000 | $648,000 |
$74,000 | $543,000 |
| 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 | $699,000 |
$174,000 | $304,000 |
$70,000 | $210,000 |
| Credit Application Incomplete |
1 | $135,000 |
$135,000 | $135,000 |
$36,000 | $36,000 |
| Credit History |
77 | $13,500,000 |
$175,000 | $620,000 |
$43,000 | $161,000 |
| Debt-To-Income Ratio |
8 | $1,305,000 |
$163,000 | $245,000 |
$56,000 | $122,000 |
| Employment History |
2 | $353,000 |
$176,000 | $204,000 |
$72,000 | $96,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $286,000 |
$95,000 | $118,000 |
$24,000 | $35,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $871,000 |
$174,000 | $251,000 |
$78,000 | $155,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BELL AMERICA MORTGAGE LLC DBA by:
Metropolitan Area And
County
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