|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST AMERICAN FINANCIAL MORTG
Mortgage Loans and Application Details
|
|
|
| Mortgage Company Name |
FIRST AMERICAN FINANCIAL MORTG |
| Address | 2310 PARKLAKE DR, SUITE 530 ATLANTA, GA 30345 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 60 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,377,000 |
| Average Mortgage Loan Amount Applied For | $110,846 |
| Highest Mortgage Loan Amount Applied For | $323,000 |
| Average Applicant Income | $146,923 |
| Highest Applicant Income | $1,223,000 |
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
51 | $5,496,000 |
$107,000 | $323,000 |
$77,000 | $1,223,000 |
| Refinancing |
9 | $881,000 |
$97,000 | $260,000 |
$56,000 | $75,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
55 | $5,735,000 |
$104,000 | $320,000 |
$77,000 | $1,223,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4 | $588,000 |
$147,000 | $323,000 |
$37,000 | $45,000 |
| White |
1 | $54,000 |
$54,000 | $54,000 |
$39,000 | $39,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
56 | $5,634,000 |
$100,000 | $323,000 |
$76,000 | $1,223,000 |
| FHA-insured (Federal Housing Administration) |
4 | $743,000 |
$185,000 | $254,000 |
$46,000 | $62,000 |
| 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 |
|
| Application Approved But Not Accepted |
14 | $1,271,000 |
$90,000 | $320,000 |
$60,000 | $138,000 |
| Application Denied By Financial Institution |
19 | $1,778,000 |
$93,000 | $247,000 |
$46,000 | $71,000 |
| Application Withdrawn By Applicant |
23 | $2,817,000 |
$122,000 | $323,000 |
$112,000 | $1,223,000 |
| File Closed For Incompleteness |
4 | $511,000 |
$127,000 | $260,000 |
$37,000 | $73,000 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $827,000 |
$137,000 | $247,000 |
$42,000 | $55,000 |
| Debt-To-Income Ratio |
2 | $87,000 |
$43,000 | $66,000 |
$48,000 | $48,000 |
| Employment History |
2 | $165,000 |
$82,000 | $115,000 |
$44,000 | $51,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $122,000 |
$61,000 | $90,000 |
$61,000 | $61,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $313,000 |
$104,000 | $123,000 |
$54,000 | $71,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRST AMERICAN FINANCIAL MORTG by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|