| $3,370,159,156,000 in Mortgage Loans Applied for in 2010 from 16,348,557 Applications |
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FIRST HORIZON HOME LOAN CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST HORIZON HOME LOAN CORP |
| Address | 4000 HORIZON WAY
IRVING, TX 75063 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 211,435 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $37,334,402,000 |
| Average Mortgage Loan Amount Applied For | $128,788 |
| Highest Mortgage Loan Amount Applied For | $20,000,000 |
| Average Applicant Income | $75,955 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
205 | $31,846,000 |
$155,000 | $2,500,000 |
$109,000 | $1,365,000 |
| Home Purchase |
121,937 | $21,302,328,000 |
$174,000 | $4,480,000 |
$94,000 | $9,999,000 |
| Refinancing |
89,293 | $16,000,228,000 |
$179,000 | $20,000,000 |
$89,000 | $9,999,000 |
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| American Indian or Alaskan Native |
680 | $111,063,000 |
$163,000 | $900,000 |
$86,000 | $1,716,000 |
| Asian |
6,418 | $1,653,225,000 |
$257,000 | $2,800,000 |
$118,000 | $4,560,000 |
| Black or African American |
16,149 | $2,563,462,000 |
$158,000 | $3,150,000 |
$76,000 | $4,294,000 |
| Hispanic |
14,242 | $2,495,910,000 |
$175,000 | $4,000,000 |
$76,000 | $1,895,000 |
| Native Hawaiin or Other Pacific Islander |
886 | $190,032,000 |
$214,000 | $1,436,000 |
$93,000 | $756,000 |
| Not applicable |
1,364 | $282,141,000 |
$206,000 | $1,000,000 |
$0 | $0 |
| Not Provided |
19,506 | $3,147,095,000 |
$161,000 | $3,600,000 |
$94,000 | $5,847,000 |
| White |
152,190 | $26,891,474,000 |
$176,000 | $20,000,000 |
$94,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
198,616 | $35,309,486,000 |
$177,000 | $20,000,000 |
$94,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
8,508 | $1,222,877,000 |
$143,000 | $596,000 |
$52,000 | $790,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
361 | $44,581,000 |
$123,000 | $326,000 |
$61,000 | $3,969,000 |
| VA-guaranteed (Veterans Administration) |
3,950 | $757,458,000 |
$191,000 | $626,000 |
$53,000 | $245,000 |
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| Application Approved But Not Accepted |
1,323 | $184,569,000 |
$139,000 | $1,779,000 |
$90,000 | $1,734,000 |
| Application Denied By Financial Institution |
47,614 | $8,048,306,000 |
$169,000 | $20,000,000 |
$96,000 | $7,254,000 |
| Application Withdrawn By Applicant |
3,718 | $704,968,000 |
$189,000 | $3,996,000 |
$103,000 | $9,999,000 |
| File Closed For Incompleteness |
53 | $9,868,000 |
$186,000 | $1,200,000 |
$98,000 | $504,000 |
| Loan Originated |
157,363 | $28,104,550,000 |
$178,000 | $4,480,000 |
$91,000 | $9,999,000 |
| Loan Purchased By The Institution |
1,364 | $282,141,000 |
$206,000 | $1,000,000 |
$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 |
7,713 | $1,275,398,000 |
$165,000 | $3,600,000 |
$98,000 | $4,400,000 |
| Credit Application Incomplete |
15,810 | $2,738,317,000 |
$173,000 | $20,000,000 |
$101,000 | $7,254,000 |
| Credit History |
8,494 | $1,267,899,000 |
$149,000 | $3,000,000 |
$82,000 | $4,589,000 |
| Debt-To-Income Ratio |
9,500 | $1,644,728,000 |
$173,000 | $4,000,000 |
$94,000 | $5,000,000 |
| Employment History |
978 | $154,653,000 |
$158,000 | $1,400,000 |
$103,000 | $1,200,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1,930 | $388,018,000 |
$201,000 | $3,200,000 |
$103,000 | $1,632,000 |
| Mortgage Insurance Denied |
2 | $561,000 |
$280,000 | $281,000 |
$73,000 | $74,000 |
| Other |
1,536 | $289,337,000 |
$188,000 | $2,000,000 |
$124,000 | $2,791,000 |
| Unverifiable Information |
1,651 | $289,395,000 |
$175,000 | $2,000,000 |
$101,000 | $2,323,000 |
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Mortgage Loan Application Totals for FIRST HORIZON HOME LOAN CORP by:
Metropolitan Area And
County
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