|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CITY 1ST MORTGAGE SERVICES, LC
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CITY 1ST MORTGAGE SERVICES, LC |
| Address | 750 S. MAIN SUITE 104
BOUNTIFUL, UT 84010 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 592 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $133,155,000 |
| Average Mortgage Loan Amount Applied For | $216,729 |
| Highest Mortgage Loan Amount Applied For | $1,120,000 |
| Average Applicant Income | $92,294 |
| Highest Applicant Income | $802,000 |
|
|
|
| Home Improvement |
2 | $367,000 |
$183,000 | $260,000 |
$67,000 | $92,000 |
| Home Purchase |
423 | $93,414,000 |
$220,000 | $1,120,000 |
$91,000 | $802,000 |
| Refinancing |
167 | $39,374,000 |
$235,000 | $1,021,000 |
$90,000 | $270,000 |
|
|
| American Indian or Alaskan Native |
2 | $272,000 |
$136,000 | $174,000 |
$56,000 | $58,000 |
| Asian |
15 | $5,496,000 |
$366,000 | $1,000,000 |
$112,000 | $300,000 |
| Black or African American |
15 | $4,841,000 |
$322,000 | $620,000 |
$147,000 | $352,000 |
| Hispanic |
37 | $7,195,000 |
$194,000 | $520,000 |
$83,000 | $420,000 |
| Native Hawaiin or Other Pacific Islander |
29 | $10,110,000 |
$348,000 | $640,000 |
$92,000 | $216,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
38 | $8,060,000 |
$212,000 | $540,000 |
$108,000 | $802,000 |
| White |
456 | $97,181,000 |
$213,000 | $1,120,000 |
$87,000 | $480,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
517 | $121,129,000 |
$234,000 | $1,120,000 |
$96,000 | $802,000 |
| FHA-insured (Federal Housing Administration) |
68 | $10,475,000 |
$154,000 | $267,000 |
$55,000 | $131,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
7 | $1,551,000 |
$221,000 | $341,000 |
$73,000 | $122,000 |
|
|
| Application Approved But Not Accepted |
45 | $10,523,000 |
$233,000 | $900,000 |
$87,000 | $270,000 |
| Application Denied By Financial Institution |
46 | $8,989,000 |
$195,000 | $766,000 |
$72,000 | $428,000 |
| Application Withdrawn By Applicant |
149 | $35,934,000 |
$241,000 | $1,120,000 |
$99,000 | $802,000 |
| File Closed For Incompleteness |
8 | $1,299,000 |
$162,000 | $245,000 |
$63,000 | $114,000 |
| Loan Originated |
344 | $76,410,000 |
$222,000 | $1,021,000 |
$91,000 | $480,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
27 | $4,845,000 |
$179,000 | $448,000 |
$64,000 | $187,000 |
| Debt-To-Income Ratio |
14 | $3,554,000 |
$253,000 | $766,000 |
$86,000 | $428,000 |
| Employment History |
1 | $151,000 |
$151,000 | $151,000 |
$47,000 | $47,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $439,000 |
$109,000 | $224,000 |
$85,000 | $169,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for CITY 1ST MORTGAGE SERVICES, LC by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
