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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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EQUITY FINANCIAL MORTGAGE, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
EQUITY FINANCIAL MORTGAGE, INC |
| Address | 1278 CAMPBELL LANE, SUITE 102
BOWLING GREEN, KY 42104 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 129 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,114,000 |
| Average Mortgage Loan Amount Applied For | $74,875 |
| Highest Mortgage Loan Amount Applied For | $197,000 |
| Average Applicant Income | $33,500 |
| Highest Applicant Income | $95,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
125 | $11,801,000 |
$94,000 | $197,000 |
$38,000 | $95,000 |
| Refinancing |
4 | $313,000 |
$78,000 | $106,000 |
$60,000 | $90,000 |
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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 |
4 | $403,000 |
$100,000 | $153,000 |
$34,000 | $56,000 |
| Hispanic |
8 | $817,000 |
$102,000 | $146,000 |
$34,000 | $51,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $101,000 |
$101,000 | $101,000 |
$32,000 | $32,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
116 | $10,793,000 |
$93,000 | $197,000 |
$39,000 | $95,000 |
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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) |
129 | $12,114,000 |
$93,000 | $197,000 |
$38,000 | $95,000 |
| 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 |
7 | $530,000 |
$75,000 | $123,000 |
$35,000 | $61,000 |
| Application Withdrawn By Applicant |
21 | $1,882,000 |
$89,000 | $137,000 |
$39,000 | $95,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
101 | $9,702,000 |
$96,000 | $197,000 |
$39,000 | $92,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $69,000 |
$69,000 | $69,000 |
$24,000 | $24,000 |
| Debt-To-Income Ratio |
3 | $300,000 |
$100,000 | $123,000 |
$48,000 | $61,000 |
| Employment History |
1 | $50,000 |
$50,000 | $50,000 |
$16,000 | $16,000 |
| 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 EQUITY FINANCIAL MORTGAGE, INC by:
Metropolitan Area And
County
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