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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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EMBASSY FINANCIAL SERVICES, IN
Mortgage Loans and Application Details
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| Mortgage Company Name |
EMBASSY FINANCIAL SERVICES, IN |
| Address | 1390 S. DIXIE HIGHWAY, SUITE 1310
CORAL GABLES, FL 33146 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 339 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $94,728,000 |
| Average Mortgage Loan Amount Applied For | $247,000 |
| Highest Mortgage Loan Amount Applied For | $2,246,000 |
| Average Applicant Income | $196,454 |
| Highest Applicant Income | $1,424,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
285 | $81,527,000 |
$286,000 | $2,246,000 |
$148,000 | $1,424,000 |
| Refinancing |
54 | $13,201,000 |
$244,000 | $600,000 |
$134,000 | $1,078,000 |
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| American Indian or Alaskan Native |
1 | $175,000 |
$175,000 | $175,000 |
$78,000 | $78,000 |
| Asian |
17 | $2,738,000 |
$161,000 | $331,000 |
$49,000 | $228,000 |
| Black or African American |
8 | $2,761,000 |
$345,000 | $1,418,000 |
$146,000 | $478,000 |
| Hispanic |
113 | $27,453,000 |
$242,000 | $1,000,000 |
$156,000 | $1,424,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $228,000 |
$228,000 | $228,000 |
$71,000 | $71,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
40 | $12,378,000 |
$309,000 | $2,246,000 |
$130,000 | $780,000 |
| White |
159 | $48,995,000 |
$308,000 | $1,723,000 |
$182,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
339 | $94,728,000 |
$279,000 | $2,246,000 |
$144,000 | $1,424,000 |
| 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) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
1 | $156,000 |
$156,000 | $156,000 |
$77,000 | $77,000 |
| Application Denied By Financial Institution |
10 | $1,612,000 |
$161,000 | $230,000 |
$147,000 | $600,000 |
| Application Withdrawn By Applicant |
53 | $15,423,000 |
$291,000 | $1,120,000 |
$124,000 | $780,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
275 | $77,537,000 |
$281,000 | $2,246,000 |
$152,000 | $1,424,000 |
| 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 |
3 | $349,000 |
$116,000 | $190,000 |
$328,000 | $600,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $26,000 |
$26,000 | $26,000 |
$240,000 | $240,000 |
| Debt-To-Income Ratio |
3 | $605,000 |
$201,000 | $230,000 |
$57,000 | $71,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $214,000 |
$214,000 | $214,000 |
$60,000 | $60,000 |
| 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 EMBASSY FINANCIAL SERVICES, IN by:
Metropolitan Area And
County
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