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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 HERITAGE MORTGAGE LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST HERITAGE MORTGAGE LLC |
| Address | 4100 MONUMENT CORNER DRIVE #210
FAIRFAX, VA 22030 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,071 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $606,043,000 |
| Average Mortgage Loan Amount Applied For | $251,663 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $125,128 |
| Highest Applicant Income | $900,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,452 | $420,693,000 |
$289,000 | $1,000,000 |
$135,000 | $812,000 |
| Refinancing |
619 | $185,350,000 |
$299,000 | $3,000,000 |
$130,000 | $900,000 |
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| American Indian or Alaskan Native |
2 | $905,000 |
$452,000 | $480,000 |
$115,000 | $132,000 |
| Asian |
189 | $62,788,000 |
$332,000 | $1,050,000 |
$142,000 | $660,000 |
| Black or African American |
268 | $74,346,000 |
$277,000 | $980,000 |
$118,000 | $506,000 |
| Hispanic |
182 | $53,377,000 |
$293,000 | $894,000 |
$112,000 | $300,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $2,597,000 |
$519,000 | $1,000,000 |
$231,000 | $340,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
179 | $54,913,000 |
$306,000 | $1,000,000 |
$136,000 | $468,000 |
| White |
1,246 | $357,117,000 |
$286,000 | $3,000,000 |
$138,000 | $900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,055 | $601,783,000 |
$292,000 | $3,000,000 |
$134,000 | $900,000 |
| FHA-insured (Federal Housing Administration) |
9 | $2,077,000 |
$230,000 | $347,000 |
$81,000 | $186,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
7 | $2,183,000 |
$311,000 | $360,000 |
$95,000 | $186,000 |
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| Application Approved But Not Accepted |
41 | $12,373,000 |
$301,000 | $1,000,000 |
$147,000 | $812,000 |
| Application Denied By Financial Institution |
9 | $2,979,000 |
$331,000 | $1,000,000 |
$134,000 | $300,000 |
| Application Withdrawn By Applicant |
291 | $101,348,000 |
$348,000 | $1,000,000 |
$136,000 | $660,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,730 | $489,343,000 |
$282,000 | $3,000,000 |
$133,000 | $900,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $723,000 |
$241,000 | $417,000 |
$104,000 | $128,000 |
| Debt-To-Income Ratio |
4 | $915,000 |
$228,000 | $510,000 |
$132,000 | $300,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $1,000,000 |
$1,000,000 | $1,000,000 |
$300,000 | $300,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $341,000 |
$341,000 | $341,000 |
$74,000 | $74,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST HERITAGE MORTGAGE LLC by:
Metropolitan Area And
County
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