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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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EMMCO, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
EMMCO, LLC |
| Address | 113 REED AVENUE
LEXINGTON, SC 29072 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 13,144 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,331,114,000 |
| Average Mortgage Loan Amount Applied For | $93,403 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $42,611 |
| Highest Applicant Income | $1,224,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
9 | $788,000 |
$87,800 | $130,000 |
$74,600 | $180,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
13,975 | $1,412,235,000 |
$113,295 | $2,000,000 |
$44,522 | $2,182,000 |
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| American Indian or Alaskan Native |
139 | $13,828,000 |
$92,454 | $640,000 |
$39,727 | $350,000 |
| Asian or Pacific Islander |
195 | $28,842,000 |
$138,150 | $765,000 |
$54,650 | $360,000 |
| Black |
2,419 | $202,168,000 |
$94,444 | $2,000,000 |
$60,037 | $996,000 |
| Hispanic |
475 | $54,556,000 |
$106,666 | $588,000 |
$46,875 | $1,140,000 |
| Information not provided by applicant in mail or telephone application |
4,759 | $505,061,000 |
$121,790 | $1,430,000 |
$39,186 | $1,224,000 |
| Not applicable |
2 | $366,000 |
$183,000 | $290,000 |
$51,000 | $73,000 |
| Other |
186 | $22,341,000 |
$108,950 | $1,170,000 |
$47,450 | $480,000 |
| White |
5,809 | $585,861,000 |
$103,710 | $900,000 |
$50,789 | $2,182,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
13,984 | $1,413,023,000 |
$113,318 | $2,000,000 |
$44,522 | $2,182,000 |
| 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 |
229 | $27,038,000 |
$124,818 | $450,000 |
$49,818 | $360,000 |
| Application Denied By Financial Institution |
10,524 | $1,044,746,000 |
$110,195 | $2,000,000 |
$41,365 | $2,182,000 |
| Application Withdrawn By Applicant |
1,486 | $154,664,000 |
$107,500 | $900,000 |
$41,789 | $840,000 |
| File Closed For Incompleteness |
982 | $102,400,000 |
$101,666 | $1,170,000 |
$47,972 | $1,224,000 |
| Loan Originated |
763 | $84,175,000 |
$110,812 | $588,000 |
$52,343 | $633,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
115 | $10,142,000 |
$95,476 | $459,000 |
$45,047 | $768,000 |
| Credit Application Incomplete |
8,237 | $822,464,000 |
$109,974 | $2,000,000 |
$41,230 | $1,140,000 |
| Credit History |
585 | $47,262,000 |
$84,517 | $504,000 |
$36,000 | $2,182,000 |
| Debt-To-Income Ratio |
381 | $41,498,000 |
$110,357 | $640,000 |
$43,500 | $480,000 |
| Employment History |
10 | $803,000 |
$83,142 | $167,000 |
$21,142 | $70,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $102,000 |
$102,000 | $102,000 |
$43,000 | $43,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
319 | $28,658,000 |
$109,444 | $365,000 |
$50,962 | $1,061,000 |
| Unverifiable Information |
23 | $2,284,000 |
$107,538 | $200,000 |
$30,000 | $89,000 |
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Mortgage Loan App Totals for EMMCO, LLC by:
Metropolitan Area And
County
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