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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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DIRECT MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
DIRECT MORTGAGE CORP |
| Address | 2090 LARKIN AVE STE5A
ELGIN, IL 60123 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 7 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,228,000 |
| Average Mortgage Loan Amount Applied For | $170,000 |
| Highest Mortgage Loan Amount Applied For | $238,000 |
| Average Applicant Income | $70,666 |
| Highest Applicant Income | $133,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
10 | $1,831,000 |
$183,000 | $279,000 |
$64,000 | $91,000 |
| Refinancing |
2 | $388,000 |
$194,000 | $238,000 |
$94,000 | $133,000 |
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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 |
1 | $128,000 |
$128,000 | $128,000 |
$52,000 | $52,000 |
| Hispanic |
3 | $470,000 |
$156,000 | $182,000 |
$55,000 | $60,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
8 | $1,621,000 |
$202,000 | $279,000 |
$77,000 | $133,000 |
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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) |
12 | $2,219,000 |
$184,000 | $279,000 |
$69,000 | $133,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
12 | $2,219,000 |
$184,000 | $279,000 |
$69,000 | $133,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 DIRECT MORTGAGE CORP by:
Metropolitan Area And
County
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