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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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FARM CREDIT OF NORTH FLORIDA
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARM CREDIT OF NORTH FLORIDA |
| Address | 12300 NW US HWY 441
ALACHUA, FL 32615 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 129 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,425,000 |
| Average Mortgage Loan Amount Applied For | $130,333 |
| Highest Mortgage Loan Amount Applied For | $345,000 |
| Average Applicant Income | $108,888 |
| Highest Applicant Income | $1,382,000 |
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| Home Improvement |
6 | $332,000 |
$55,000 | $90,000 |
$46,000 | $63,000 |
| Home Purchase |
82 | $10,893,000 |
$111,500 | $346,000 |
$69,000 | $370,000 |
| Refinancing |
101 | $13,203,000 |
$120,000 | $345,000 |
$81,000 | $1,382,000 |
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| American Indian or Alaskan Native |
1 | $212,000 |
$212,000 | $212,000 |
$71,000 | $71,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
3 | $183,000 |
$62,000 | $72,000 |
$49,000 | $94,000 |
| Hispanic |
3 | $491,000 |
$163,000 | $240,000 |
$116,000 | $245,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
27 | $3,369,000 |
$124,000 | $320,000 |
$68,000 | $190,000 |
| White |
155 | $20,173,000 |
$118,000 | $346,000 |
$79,000 | $1,382,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
189 | $24,428,000 |
$109,666 | $346,000 |
$71,333 | $1,382,000 |
| 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 | $140,000 |
$140,000 | $140,000 |
$64,000 | $64,000 |
| Application Denied By Financial Institution |
54 | $5,936,000 |
$103,333 | $346,000 |
$63,333 | $245,000 |
| Application Withdrawn By Applicant |
3 | $549,000 |
$183,000 | $334,000 |
$96,000 | $160,000 |
| File Closed For Incompleteness |
2 | $188,000 |
$94,000 | $98,000 |
$127,000 | $135,000 |
| Loan Originated |
129 | $17,615,000 |
$136,000 | $345,000 |
$88,000 | $1,382,000 |
| 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 |
6 | $754,000 |
$125,000 | $346,000 |
$58,000 | $94,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
17 | $1,607,000 |
$94,000 | $240,000 |
$101,000 | $245,000 |
| Debt-To-Income Ratio |
6 | $598,000 |
$99,000 | $250,000 |
$42,000 | $104,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $255,000 |
$82,500 | $114,000 |
$49,000 | $81,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $916,000 |
$114,000 | $272,000 |
$48,000 | $89,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FARM CREDIT OF NORTH FLORIDA by:
Metropolitan Area And
County
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