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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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CHURCHILL MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CHURCHILL MORTGAGE CORPORATION |
| Address | 761 OLD HICKORY BLVD STE 400
BRENTWOOD, TN 37027 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,410 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $195,750,000 |
| Average Mortgage Loan Amount Applied For | $120,500 |
| Highest Mortgage Loan Amount Applied For | $1,125,000 |
| Average Applicant Income | $65,600 |
| Highest Applicant Income | $1,362,000 |
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| Home Improvement |
2 | $348,000 |
$174,000 | $248,000 |
$78,000 | $94,000 |
| Home Purchase |
597 | $80,893,000 |
$135,000 | $478,000 |
$70,000 | $1,362,000 |
| Refinancing |
811 | $114,509,000 |
$141,000 | $1,125,000 |
$69,000 | $840,000 |
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| American Indian or Alaskan Native |
3 | $401,000 |
$133,000 | $225,000 |
$103,000 | $135,000 |
| Asian |
8 | $1,182,000 |
$147,000 | $375,000 |
$90,000 | $199,000 |
| Black or African American |
78 | $10,805,000 |
$138,000 | $450,000 |
$84,000 | $1,362,000 |
| Hispanic |
4 | $424,000 |
$106,000 | $159,000 |
$60,000 | $72,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
45 | $6,313,000 |
$140,000 | $543,000 |
$63,000 | $216,000 |
| White |
1,272 | $176,625,000 |
$138,000 | $1,125,000 |
$68,000 | $840,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,363 | $189,356,000 |
$138,000 | $1,125,000 |
$70,000 | $1,362,000 |
| FHA-insured (Federal Housing Administration) |
37 | $4,734,000 |
$127,000 | $227,000 |
$54,000 | $103,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
10 | $1,660,000 |
$166,000 | $242,000 |
$51,000 | $76,000 |
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| Application Approved But Not Accepted |
15 | $1,944,000 |
$129,000 | $299,000 |
$62,000 | $135,000 |
| Application Denied By Financial Institution |
13 | $1,491,000 |
$114,000 | $193,000 |
$59,000 | $95,000 |
| Application Withdrawn By Applicant |
187 | $25,880,000 |
$138,000 | $920,000 |
$73,000 | $840,000 |
| File Closed For Incompleteness |
12 | $1,496,000 |
$124,000 | $232,000 |
$64,000 | $131,000 |
| Loan Originated |
1,179 | $164,300,000 |
$139,000 | $1,125,000 |
$69,000 | $1,362,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
3 | $544,000 |
$181,000 | $217,000 |
$93,000 | $142,000 |
| Preapproval Denied by Financial Institution |
1 | $95,000 |
$95,000 | $95,000 |
$37,000 | $37,000 |
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| Collateral |
7 | $651,000 |
$93,000 | $193,000 |
$45,000 | $89,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $594,000 |
$148,000 | $167,000 |
$72,000 | $95,000 |
| Debt-To-Income Ratio |
3 | $341,000 |
$113,000 | $156,000 |
$65,000 | $74,000 |
| 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 CHURCHILL MORTGAGE CORPORATION by:
Metropolitan Area And
County
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