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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, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
BENCHMARK MORTGAGE, INC. |
| Address | 6800 PARAGON PLACE, SUITE 475
RICHMOND, VA 23230 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,104 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $206,904,000 |
| Average Mortgage Loan Amount Applied For | $233,138 |
| Highest Mortgage Loan Amount Applied For | $1,349,000 |
| Average Applicant Income | $98,184 |
| Highest Applicant Income | $1,035,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
851 | $155,537,000 |
$182,000 | $1,349,000 |
$86,000 | $1,035,000 |
| Refinancing |
253 | $51,367,000 |
$203,000 | $1,260,000 |
$89,000 | $780,000 |
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| American Indian or Alaskan Native |
6 | $1,011,000 |
$168,000 | $210,000 |
$60,000 | $94,000 |
| Asian |
46 | $7,994,000 |
$173,000 | $434,000 |
$65,000 | $150,000 |
| Black or African American |
146 | $21,968,000 |
$150,000 | $442,000 |
$58,000 | $268,000 |
| Hispanic |
15 | $2,685,000 |
$179,000 | $417,000 |
$56,000 | $149,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
73 | $11,287,000 |
$154,000 | $840,000 |
$30,000 | $216,000 |
| White |
818 | $161,959,000 |
$197,000 | $1,349,000 |
$99,000 | $1,035,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
916 | $174,999,000 |
$191,000 | $1,349,000 |
$92,000 | $1,035,000 |
| FHA-insured (Federal Housing Administration) |
159 | $25,797,000 |
$162,000 | $289,000 |
$56,000 | $241,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
29 | $6,108,000 |
$210,000 | $353,000 |
$68,000 | $140,000 |
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| Application Approved But Not Accepted |
13 | $2,558,000 |
$196,000 | $314,000 |
$59,000 | $114,000 |
| Application Denied By Financial Institution |
13 | $1,371,000 |
$105,000 | $195,000 |
$30,000 | $69,000 |
| Application Withdrawn By Applicant |
103 | $18,002,000 |
$174,000 | $1,260,000 |
$67,000 | $703,000 |
| File Closed For Incompleteness |
14 | $1,413,000 |
$100,000 | $241,000 |
$59,000 | $140,000 |
| Loan Originated |
961 | $183,560,000 |
$191,000 | $1,349,000 |
$90,000 | $1,035,000 |
| 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 | $272,000 |
$136,000 | $195,000 |
$22,000 | $45,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $210,000 |
$105,000 | $142,000 |
$24,000 | $28,000 |
| 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, INC. by:
Metropolitan Area And
County
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