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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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FIFTH THIRD MORTGAGE, MI LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIFTH THIRD MORTGAGE, MI LLC |
| 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 | 17,645 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,858,570,000 |
| Average Mortgage Loan Amount Applied For | $150,935 |
| Highest Mortgage Loan Amount Applied For | $4,600,000 |
| Average Applicant Income | $83,007 |
| Highest Applicant Income | $3,685,000 |
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| Home Improvement |
135 | $48,579,000 |
$359,000 | $4,600,000 |
$160,000 | $3,685,000 |
| Home Purchase |
8,009 | $1,194,897,000 |
$149,000 | $2,640,000 |
$79,000 | $2,715,000 |
| Refinancing |
9,915 | $1,661,330,000 |
$167,000 | $2,800,000 |
$85,000 | $3,285,000 |
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| American Indian or Alaskan Native |
34 | $4,768,000 |
$140,000 | $340,000 |
$62,000 | $170,000 |
| Asian |
305 | $57,009,000 |
$186,000 | $1,500,000 |
$98,000 | $2,400,000 |
| Black or African American |
957 | $123,740,000 |
$129,000 | $2,640,000 |
$66,000 | $1,509,000 |
| Hispanic |
616 | $68,863,000 |
$111,000 | $875,000 |
$50,000 | $1,200,000 |
| Native Hawaiin or Other Pacific Islander |
23 | $3,655,000 |
$158,000 | $369,000 |
$85,000 | $293,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
918 | $142,309,000 |
$155,000 | $1,940,000 |
$76,000 | $960,000 |
| White |
15,206 | $2,504,462,000 |
$164,000 | $4,600,000 |
$85,000 | $3,685,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
17,228 | $2,809,461,000 |
$163,000 | $4,600,000 |
$85,000 | $3,685,000 |
| FHA-insured (Federal Housing Administration) |
731 | $83,866,000 |
$114,000 | $256,000 |
$47,000 | $183,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
54 | $5,204,000 |
$96,000 | $176,000 |
$39,000 | $68,000 |
| VA-guaranteed (Veterans Administration) |
46 | $6,275,000 |
$136,000 | $325,000 |
$57,000 | $124,000 |
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| Application Approved But Not Accepted |
1,640 | $269,959,000 |
$164,000 | $2,640,000 |
$85,000 | $1,529,000 |
| Application Denied By Financial Institution |
2,861 | $482,517,000 |
$168,000 | $2,590,000 |
$84,000 | $1,900,000 |
| Application Withdrawn By Applicant |
967 | $164,809,000 |
$170,000 | $4,600,000 |
$82,000 | $3,685,000 |
| File Closed For Incompleteness |
288 | $49,061,000 |
$170,000 | $1,214,000 |
$91,000 | $1,000,000 |
| Loan Originated |
11,889 | $1,892,224,000 |
$159,000 | $3,000,000 |
$84,000 | $3,285,000 |
| 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 |
414 | $46,236,000 |
$111,000 | $500,000 |
$42,000 | $500,000 |
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| Collateral |
1,293 | $222,666,000 |
$172,000 | $2,500,000 |
$90,000 | $1,900,000 |
| Credit Application Incomplete |
188 | $36,785,000 |
$195,000 | $2,000,000 |
$97,000 | $1,000,000 |
| Credit History |
680 | $91,013,000 |
$133,000 | $1,200,000 |
$69,000 | $780,000 |
| Debt-To-Income Ratio |
687 | $109,316,000 |
$159,000 | $2,590,000 |
$51,000 | $1,665,000 |
| Employment History |
48 | $6,108,000 |
$127,000 | $417,000 |
$55,000 | $195,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
70 | $10,017,000 |
$143,000 | $606,000 |
$77,000 | $796,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
72 | $10,436,000 |
$144,000 | $675,000 |
$98,000 | $421,000 |
| Unverifiable Information |
237 | $42,412,000 |
$178,000 | $1,088,000 |
$108,000 | $936,000 |
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Mortgage Loan App Totals for FIFTH THIRD MORTGAGE, MI LLC by:
Metropolitan Area And
County
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