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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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COMMUNITY MORTGAGE GROUP INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY MORTGAGE GROUP INC |
| Address | 1745 SHEA CENTER DRIVE, #270
HIGHLANDS RANCH, CO 80129 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 2,397 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $332,634,000 |
| Average Mortgage Loan Amount Applied For | $120,740 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $51,629 |
| Highest Applicant Income | $606,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,381 | $190,886,000 |
$145,142 | $900,000 |
$65,214 | $600,000 |
| Refinancing |
1,016 | $141,748,000 |
$196,052 | $1,500,000 |
$71,210 | $606,000 |
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| American Indian or Alaskan Native |
8 | $572,000 |
$77,250 | $135,000 |
$30,000 | $75,000 |
| Asian |
23 | $3,506,000 |
$125,833 | $472,000 |
$48,500 | $150,000 |
| Black or African American |
120 | $16,978,000 |
$127,500 | $648,000 |
$50,400 | $244,000 |
| Hispanic |
553 | $80,897,000 |
$158,357 | $900,000 |
$56,142 | $431,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $442,000 |
$147,333 | $220,000 |
$52,666 | $65,000 |
| Not applicable |
1 | $125,000 |
$125,000 | $125,000 |
$46,000 | $46,000 |
| Not Provided |
69 | $7,859,000 |
$99,875 | $286,000 |
$37,750 | $150,000 |
| White |
1,620 | $222,255,000 |
$184,277 | $1,500,000 |
$63,000 | $606,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,075 | $154,043,000 |
$248,777 | $1,500,000 |
$77,666 | $606,000 |
| FHA-insured (Federal Housing Administration) |
1,143 | $152,347,000 |
$109,153 | $410,000 |
$29,769 | $408,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
179 | $26,244,000 |
$134,888 | $301,000 |
$38,111 | $374,000 |
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| Application Approved But Not Accepted |
198 | $27,709,000 |
$134,928 | $900,000 |
$59,714 | $438,000 |
| Application Denied By Financial Institution |
216 | $28,530,000 |
$121,769 | $710,000 |
$49,769 | $600,000 |
| Application Withdrawn By Applicant |
117 | $16,435,000 |
$207,400 | $750,000 |
$57,000 | $550,000 |
| File Closed For Incompleteness |
142 | $19,286,000 |
$284,300 | $1,500,000 |
$45,800 | $171,000 |
| Loan Originated |
1,724 | $240,674,000 |
$157,777 | $1,000,000 |
$60,833 | $606,000 |
| 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 |
13 | $2,161,000 |
$252,800 | $710,000 |
$162,800 | $570,000 |
| Credit Application Incomplete |
1 | $131,000 |
$131,000 | $131,000 |
$54,000 | $54,000 |
| Credit History |
88 | $10,320,000 |
$98,888 | $596,000 |
$41,333 | $384,000 |
| Debt-To-Income Ratio |
59 | $8,073,000 |
$114,888 | $299,000 |
$41,333 | $120,000 |
| Employment History |
8 | $1,007,000 |
$108,000 | $247,000 |
$26,250 | $67,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $247,000 |
$82,333 | $136,000 |
$31,333 | $40,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
23 | $3,587,000 |
$176,333 | $576,000 |
$135,500 | $600,000 |
| Unverifiable Information |
18 | $2,639,000 |
$122,800 | $260,000 |
$32,600 | $127,000 |
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Mortgage Loan App Totals for COMMUNITY MORTGAGE GROUP INC by:
Metropolitan Area And
County
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