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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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CLASSIC HOME FINANCIAL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
CLASSIC HOME FINANCIAL, INC. |
| Address | 10700 RICHMOND AVENUE, SUITE 340
HOUSTON, TX 77042 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 18 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,529,000 |
| Average Mortgage Loan Amount Applied For | $178,454 |
| Highest Mortgage Loan Amount Applied For | $373,000 |
| Average Applicant Income | $38,727 |
| Highest Applicant Income | $126,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
18 | $3,529,000 |
$196,000 | $373,000 |
$30,000 | $126,000 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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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 |
9 | $1,922,000 |
$213,000 | $373,000 |
$12,000 | $52,000 |
| Hispanic |
1 | $60,000 |
$60,000 | $60,000 |
$39,000 | $39,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $149,000 |
$149,000 | $149,000 |
$66,000 | $66,000 |
| White |
7 | $1,398,000 |
$199,000 | $309,000 |
$45,000 | $126,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
17 | $3,422,000 |
$201,000 | $373,000 |
$29,000 | $126,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $107,000 |
$107,000 | $107,000 |
$41,000 | $41,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
15 | $3,237,000 |
$215,000 | $373,000 |
$27,000 | $126,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3 | $292,000 |
$97,000 | $125,000 |
$44,000 | $54,000 |
| 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 | $309,000 |
$309,000 | $309,000 |
$126,000 | $126,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $230,000 |
$230,000 | $230,000 |
$0 | $0 |
| Debt-To-Income Ratio |
5 | $529,000 |
$105,000 | $149,000 |
$56,000 | $98,000 |
| Employment History |
5 | $1,386,000 |
$277,000 | $373,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $488,000 |
$244,000 | $263,000 |
$0 | $0 |
| Unverifiable Information |
1 | $295,000 |
$295,000 | $295,000 |
$0 | $0 |
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Mortgage Loan App Totals for CLASSIC HOME FINANCIAL, INC. by:
Metropolitan Area And
County
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