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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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EMC MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
EMC MORTGAGE CORPORATION |
| Address | 909 HIDDEN RIDGE, SUITE 200
IRVING, TX 75038 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 34,253 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,357,047,000 |
| Average Mortgage Loan Amount Applied For | $131,059 |
| Highest Mortgage Loan Amount Applied For | $7,364,000 |
| Average Applicant Income | $18 |
| Highest Applicant Income | $60,000 |
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| Home Improvement (one-to-four family) |
1,215 | $220,362,000 |
$158,255 | $1,790,000 |
$186 | $60,000 |
| Home Purchase (one-to-four family) |
18,079 | $3,101,345,000 |
$142,627 | $7,364,000 |
$19 | $34,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
2 | $366,000 |
$183,000 | $195,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
18,557 | $3,511,098,000 |
$156,826 | $2,332,000 |
$96 | $39,000 |
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| American Indian or Alaskan Native |
1 | $68,000 |
$68,000 | $68,000 |
$0 | $0 |
| Asian or Pacific Islander |
3 | $1,375,000 |
$380,500 | $963,000 |
$0 | $0 |
| Black |
5 | $463,000 |
$92,600 | $160,000 |
$6,800 | $34,000 |
| Hispanic |
12 | $1,220,000 |
$90,833 | $249,000 |
$1,333 | $8,000 |
| Information not provided by applicant in mail or telephone application |
2 | $150,000 |
$75,000 | $83,000 |
$32,000 | $38,000 |
| Not applicable |
37,764 | $6,809,609,000 |
$149,384 | $7,364,000 |
$0 | $39,000 |
| Other |
2 | $297,000 |
$148,500 | $202,000 |
$0 | $0 |
| White |
64 | $19,989,000 |
$239,380 | $994,000 |
$952 | $60,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
37,343 | $6,780,553,000 |
$150,269 | $7,364,000 |
$38 | $60,000 |
| FHA-insured (Federal Housing Administration) |
460 | $47,854,000 |
$103,780 | $284,000 |
$439 | $34,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
50 | $4,764,000 |
$91,473 | $268,000 |
$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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2 | $240,000 |
$120,000 | $185,000 |
$0 | $0 |
| Loan Purchased By The Institution |
37,851 | $6,832,931,000 |
$149,557 | $7,364,000 |
$57 | $60,000 |
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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 EMC MORTGAGE CORPORATION by:
Metropolitan Area And
County
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