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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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FIRST AMERICAN MORTGAGE, INC,.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST AMERICAN MORTGAGE, INC,. |
| Address | 3926 PENDER DRIVE, 1ST FLOOR
FAIRFAX, VA 22030 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,950 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $631,611,000 |
| Average Mortgage Loan Amount Applied For | $184,541 |
| Highest Mortgage Loan Amount Applied For | $3,500,000 |
| Average Applicant Income | $76,087 |
| Highest Applicant Income | $842,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,516 | $318,111,000 |
$209,000 | $3,500,000 |
$78,000 | $842,000 |
| Refinancing |
1,434 | $313,500,000 |
$218,000 | $1,495,000 |
$69,000 | $600,000 |
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| American Indian or Alaskan Native |
5 | $1,150,000 |
$230,000 | $337,000 |
$86,000 | $135,000 |
| Asian |
50 | $14,613,000 |
$292,000 | $3,500,000 |
$73,000 | $300,000 |
| Black or African American |
524 | $111,933,000 |
$213,000 | $1,000,000 |
$75,000 | $360,000 |
| Hispanic |
716 | $142,930,000 |
$199,000 | $686,000 |
$47,000 | $307,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $350,000 |
$116,000 | $228,000 |
$102,000 | $184,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
658 | $144,025,000 |
$218,000 | $1,125,000 |
$84,000 | $842,000 |
| White |
994 | $216,610,000 |
$217,000 | $1,495,000 |
$87,000 | $671,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,896 | $621,305,000 |
$214,000 | $3,500,000 |
$74,000 | $842,000 |
| FHA-insured (Federal Housing Administration) |
43 | $7,645,000 |
$177,000 | $354,000 |
$58,000 | $202,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
11 | $2,661,000 |
$241,000 | $358,000 |
$65,000 | $97,000 |
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| Application Approved But Not Accepted |
17 | $4,380,000 |
$257,000 | $685,000 |
$101,000 | $528,000 |
| Application Denied By Financial Institution |
342 | $74,916,000 |
$219,000 | $3,500,000 |
$69,000 | $480,000 |
| Application Withdrawn By Applicant |
151 | $33,737,000 |
$223,000 | $823,000 |
$82,000 | $360,000 |
| File Closed For Incompleteness |
4 | $835,000 |
$208,000 | $417,000 |
$49,000 | $116,000 |
| Loan Originated |
2,436 | $517,743,000 |
$212,000 | $1,495,000 |
$74,000 | $842,000 |
| 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 |
9 | $1,689,000 |
$187,000 | $404,000 |
$78,000 | $179,000 |
| Credit Application Incomplete |
83 | $17,979,000 |
$216,000 | $600,000 |
$69,000 | $480,000 |
| Credit History |
23 | $5,057,000 |
$219,000 | $524,000 |
$61,000 | $142,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
7 | $1,482,000 |
$211,000 | $373,000 |
$79,000 | $221,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
26 | $5,190,000 |
$199,000 | $535,000 |
$61,000 | $129,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
101 | $19,181,000 |
$189,000 | $585,000 |
$66,000 | $360,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST AMERICAN MORTGAGE, INC,. by:
Metropolitan Area And
County
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