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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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COATS & CO., INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
COATS & CO., INC. |
| Address | 2000B SOUTHBRIDGE PARKWAY #200
BIRMINGHAM, AL 35209 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 481 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $47,555,000 |
| Average Mortgage Loan Amount Applied For | $113,296 |
| Highest Mortgage Loan Amount Applied For | $231,000 |
| Average Applicant Income | $53,740 |
| Highest Applicant Income | $193,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
450 | $44,620,000 |
$116,000 | $231,000 |
$51,333 | $193,000 |
| Refinancing |
31 | $2,935,000 |
$108,000 | $162,000 |
$39,333 | $89,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $212,000 |
$106,000 | $111,000 |
$25,000 | $50,000 |
| Black or African American |
74 | $6,742,000 |
$100,000 | $171,000 |
$38,333 | $88,000 |
| Hispanic |
25 | $2,182,000 |
$127,500 | $172,000 |
$54,500 | $74,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
9 | $850,000 |
$94,000 | $127,000 |
$32,000 | $53,000 |
| White |
371 | $37,569,000 |
$117,000 | $231,000 |
$53,333 | $193,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FHA-insured (Federal Housing Administration) |
479 | $47,389,000 |
$115,000 | $231,000 |
$49,666 | $193,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $166,000 |
$83,000 | $97,000 |
$34,000 | $45,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
20 | $1,625,000 |
$87,000 | $151,000 |
$40,000 | $55,000 |
| Application Withdrawn By Applicant |
1 | $111,000 |
$111,000 | $111,000 |
$35,000 | $35,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
460 | $45,819,000 |
$115,666 | $231,000 |
$51,666 | $193,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
16 | $1,309,000 |
$87,500 | $151,000 |
$40,500 | $55,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
2 | $129,000 |
$64,000 | $71,000 |
$23,000 | $31,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $187,000 |
$93,000 | $94,000 |
$22,000 | $23,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COATS & CO., INC. by:
Metropolitan Area And
County
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