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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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BENCHMARK MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
BENCHMARK MORTGAGE CORPORATION |
| Address | 1311 S. LINDEN RD.
FLINT, MI 48532 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 14 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,780,000 |
| Average Mortgage Loan Amount Applied For | $123,285 |
| Highest Mortgage Loan Amount Applied For | $278,000 |
| Average Applicant Income | $63,285 |
| Highest Applicant Income | $185,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
8 | $1,159,000 |
$133,500 | $278,000 |
$77,500 | $185,000 |
| Refinancing |
12 | $1,119,000 |
$87,500 | $150,000 |
$45,500 | $98,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $198,000 |
$99,000 | $128,000 |
$71,000 | $98,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
18 | $2,080,000 |
$107,000 | $278,000 |
$55,000 | $185,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
18 | $2,017,000 |
$102,500 | $278,000 |
$57,000 | $185,000 |
| FHA-insured (Federal Housing Administration) |
1 | $175,000 |
$175,000 | $175,000 |
$75,000 | $75,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $86,000 |
$86,000 | $86,000 |
$43,000 | $43,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $181,000 |
$90,000 | $111,000 |
$33,000 | $44,000 |
| Application Withdrawn By Applicant |
2 | $266,000 |
$133,000 | $150,000 |
$45,000 | $56,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
16 | $1,831,000 |
$103,500 | $278,000 |
$63,000 | $185,000 |
| 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 |
1 | $111,000 |
$111,000 | $111,000 |
$22,000 | $22,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $70,000 |
$70,000 | $70,000 |
$44,000 | $44,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BENCHMARK MORTGAGE CORPORATION by:
Metropolitan Area And
County
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