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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 SERVICES OF MIDAM
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARM CREDIT SERVICES OF MIDAM |
| Address | 1601 UPS DRIVE
LOUISVILLE, KY 40232 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 7,533 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $948,568,000 |
| Average Mortgage Loan Amount Applied For | $127,129 |
| Highest Mortgage Loan Amount Applied For | $2,116,000 |
| Average Applicant Income | $90,538 |
| Highest Applicant Income | $5,713,000 |
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| Home Improvement |
933 | $69,180,000 |
$74,000 | $550,000 |
$78,000 | $1,454,000 |
| Home Purchase |
4,533 | $567,058,000 |
$125,000 | $1,253,000 |
$82,000 | $5,713,000 |
| Refinancing |
2,588 | $380,056,000 |
$146,000 | $2,116,000 |
$92,000 | $2,449,000 |
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| American Indian or Alaskan Native |
227 | $21,346,000 |
$94,000 | $462,000 |
$70,000 | $800,000 |
| Asian |
7 | $1,095,000 |
$156,000 | $480,000 |
$60,000 | $103,000 |
| Black or African American |
23 | $2,734,000 |
$118,000 | $450,000 |
$77,000 | $401,000 |
| Hispanic |
54 | $5,798,000 |
$107,000 | $372,000 |
$60,000 | $132,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $3,406,000 |
$378,000 | $1,190,000 |
$383,000 | $1,409,000 |
| Not Provided |
2,178 | $259,596,000 |
$119,000 | $1,334,000 |
$77,000 | $1,868,000 |
| White |
5,556 | $722,319,000 |
$130,000 | $2,116,000 |
$88,000 | $5,713,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
8,054 | $1,016,294,000 |
$126,000 | $2,116,000 |
$85,000 | $5,713,000 |
| 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 |
514 | $66,156,000 |
$128,000 | $1,892,000 |
$75,000 | $1,260,000 |
| Application Denied By Financial Institution |
1,678 | $212,389,000 |
$126,000 | $2,116,000 |
$60,000 | $2,233,000 |
| Application Withdrawn By Applicant |
853 | $113,109,000 |
$132,000 | $1,253,000 |
$71,000 | $857,000 |
| File Closed For Incompleteness |
197 | $24,575,000 |
$124,000 | $332,000 |
$71,000 | $494,000 |
| Loan Originated |
4,812 | $600,065,000 |
$124,000 | $2,000,000 |
$97,000 | $5,713,000 |
| 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 |
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 FARM CREDIT SERVICES OF MIDAM by:
Metropolitan Area And
County
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