|
|
| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
|
|
|
|
|
|
FIFTH THIRD MORTGAGE COMPANY
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIFTH THIRD MORTGAGE COMPANY |
| Address | 5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227 |
| Agency | Federal Reserve System (FRS) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 89,187 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,101,563,000 |
| Average Mortgage Loan Amount Applied For | $168,324 |
| Highest Mortgage Loan Amount Applied For | $10,000,000 |
| Average Applicant Income | $86,912 |
| Highest Applicant Income | $9,999,000 |
|
|
|
| Home Improvement |
243 | $85,501,000 |
$351,000 | $3,200,000 |
$114,000 | $3,017,000 |
| Home Purchase |
46,159 | $7,964,103,000 |
$172,000 | $7,700,000 |
$81,000 | $9,999,000 |
| Refinancing |
44,018 | $8,213,373,000 |
$186,000 | $10,000,000 |
$82,000 | $9,999,000 |
|
|
| American Indian or Alaskan Native |
109 | $21,155,000 |
$194,000 | $1,960,000 |
$76,000 | $572,000 |
| Asian |
1,540 | $372,132,000 |
$241,000 | $2,178,000 |
$103,000 | $2,154,000 |
| Black or African American |
5,142 | $782,130,000 |
$152,000 | $3,000,000 |
$64,000 | $3,180,000 |
| Hispanic |
4,293 | $798,576,000 |
$186,000 | $2,625,000 |
$63,000 | $1,600,000 |
| Native Hawaiin or Other Pacific Islander |
147 | $31,735,000 |
$215,000 | $1,000,000 |
$99,000 | $921,000 |
| Not applicable |
17 | $4,121,000 |
$242,000 | $705,000 |
$0 | $0 |
| Not Provided |
6,380 | $1,159,434,000 |
$181,000 | $7,700,000 |
$91,000 | $5,607,000 |
| White |
72,792 | $13,093,694,000 |
$179,000 | $10,000,000 |
$83,000 | $9,999,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
86,795 | $15,818,561,000 |
$182,000 | $10,000,000 |
$83,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
3,185 | $381,755,000 |
$119,000 | $345,000 |
$46,000 | $510,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
58 | $5,391,000 |
$92,000 | $176,000 |
$11,000 | $64,000 |
| VA-guaranteed (Veterans Administration) |
382 | $57,270,000 |
$149,000 | $417,000 |
$55,000 | $184,000 |
|
|
| Application Approved But Not Accepted |
6,654 | $1,290,705,000 |
$193,000 | $3,200,000 |
$96,000 | $8,717,000 |
| Application Denied By Financial Institution |
11,397 | $2,355,597,000 |
$206,000 | $7,700,000 |
$98,000 | $5,689,000 |
| Application Withdrawn By Applicant |
4,563 | $848,180,000 |
$185,000 | $10,000,000 |
$94,000 | $8,400,000 |
| File Closed For Incompleteness |
1,300 | $299,011,000 |
$230,000 | $7,500,000 |
$122,000 | $9,999,000 |
| Loan Originated |
53,367 | $9,411,725,000 |
$176,000 | $5,625,000 |
$93,000 | $9,999,000 |
| Loan Purchased By The Institution |
11,906 | $1,896,345,000 |
$159,000 | $3,000,000 |
$0 | $75,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
1,233 | $161,414,000 |
$130,000 | $3,028,000 |
$52,000 | $4,970,000 |
|
|
| Collateral |
4,337 | $844,328,000 |
$194,000 | $3,028,000 |
$105,000 | $5,607,000 |
| Credit Application Incomplete |
915 | $180,456,000 |
$197,000 | $2,000,000 |
$103,000 | $2,342,000 |
| Credit History |
2,435 | $404,829,000 |
$166,000 | $2,000,000 |
$76,000 | $5,689,000 |
| Debt-To-Income Ratio |
2,919 | $626,060,000 |
$214,000 | $2,800,000 |
$71,000 | $1,211,000 |
| Employment History |
237 | $42,566,000 |
$179,000 | $1,200,000 |
$78,000 | $462,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
240 | $43,903,000 |
$182,000 | $2,484,000 |
$87,000 | $2,000,000 |
| Mortgage Insurance Denied |
1 | $47,000 |
$47,000 | $47,000 |
$405,000 | $405,000 |
| Other |
780 | $195,731,000 |
$250,000 | $7,700,000 |
$142,000 | $4,970,000 |
| Unverifiable Information |
766 | $179,091,000 |
$233,000 | $1,920,000 |
$118,000 | $1,250,000 |
|
Mortgage Loan App Totals for FIFTH THIRD MORTGAGE COMPANY by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
