|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST CONSOLIDATED MORTGAGE CO
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST CONSOLIDATED MORTGAGE CO |
| Address | 1700 PACIFIC AVENUE, STE 2400
DALLAS, TX 75201 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,161 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $428,633,000 |
| Average Mortgage Loan Amount Applied For | $105,733 |
| Highest Mortgage Loan Amount Applied For | $840,000 |
| Average Applicant Income | $46,978 |
| Highest Applicant Income | $1,498,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
3,314 | $326,292,000 |
$98,000 | $776,000 |
$56,000 | $943,000 |
| Refinancing |
847 | $102,341,000 |
$120,000 | $840,000 |
$58,000 | $1,498,000 |
|
|
| American Indian or Alaskan Native |
21 | $2,191,000 |
$104,000 | $498,000 |
$98,000 | $243,000 |
| Asian |
47 | $6,182,000 |
$131,000 | $480,000 |
$61,000 | $269,000 |
| Black or African American |
1,929 | $193,832,000 |
$100,000 | $840,000 |
$58,000 | $1,498,000 |
| Hispanic |
509 | $50,410,000 |
$99,000 | $558,000 |
$48,000 | $600,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $1,399,000 |
$139,000 | $369,000 |
$72,000 | $242,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
331 | $34,928,000 |
$105,000 | $776,000 |
$35,000 | $292,000 |
| White |
1,314 | $139,691,000 |
$106,000 | $750,000 |
$63,000 | $1,452,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,161 | $428,633,000 |
$103,000 | $840,000 |
$57,000 | $1,498,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
1,793 | $174,481,000 |
$97,000 | $780,000 |
$55,000 | $1,498,000 |
| Application Denied By Financial Institution |
900 | $101,918,000 |
$113,000 | $776,000 |
$42,000 | $504,000 |
| Application Withdrawn By Applicant |
226 | $24,426,000 |
$108,000 | $613,000 |
$56,000 | $433,000 |
| File Closed For Incompleteness |
268 | $30,270,000 |
$112,000 | $840,000 |
$62,000 | $264,000 |
| Loan Originated |
974 | $97,538,000 |
$100,000 | $468,000 |
$71,000 | $1,452,000 |
| 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 |
|
|
| Collateral |
92 | $8,145,000 |
$88,000 | $270,000 |
$77,000 | $402,000 |
| Credit Application Incomplete |
3 | $293,000 |
$97,000 | $198,000 |
$39,000 | $62,000 |
| Credit History |
19 | $2,538,000 |
$133,000 | $450,000 |
$70,000 | $204,000 |
| Debt-To-Income Ratio |
140 | $15,077,000 |
$107,000 | $499,000 |
$44,000 | $170,000 |
| Employment History |
9 | $1,346,000 |
$149,000 | $250,000 |
$163,000 | $477,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
7 | $1,510,000 |
$215,000 | $628,000 |
$72,000 | $216,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
55 | $6,258,000 |
$113,000 | $367,000 |
$67,000 | $336,000 |
| Unverifiable Information |
77 | $10,393,000 |
$134,000 | $576,000 |
$90,000 | $310,000 |
|
Mortgage Loan App Totals for FIRST CONSOLIDATED MORTGAGE CO by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
