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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 HOME MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST HOME MORTGAGE, INC. |
| Address | 2915 S. CARAWAY ROAD
JONESBORO, AR 72401 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 543 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $52,806,000 |
| Average Mortgage Loan Amount Applied For | $91,129 |
| Highest Mortgage Loan Amount Applied For | $825,000 |
| Average Applicant Income | $59,838 |
| Highest Applicant Income | $873,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
461 | $44,385,000 |
$96,000 | $825,000 |
$53,000 | $873,000 |
| Refinancing |
82 | $8,421,000 |
$102,000 | $417,000 |
$63,000 | $220,000 |
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| American Indian or Alaskan Native |
1 | $42,000 |
$42,000 | $42,000 |
$40,000 | $40,000 |
| Asian |
4 | $514,000 |
$128,000 | $210,000 |
$67,000 | $108,000 |
| Black or African American |
34 | $2,944,000 |
$86,000 | $250,000 |
$37,000 | $113,000 |
| Hispanic |
16 | $1,423,000 |
$88,000 | $155,000 |
$33,000 | $61,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $98,000 |
$98,000 | $98,000 |
$39,000 | $39,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $106,000 |
$106,000 | $106,000 |
$34,000 | $34,000 |
| White |
486 | $47,679,000 |
$98,000 | $825,000 |
$57,000 | $873,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
417 | $43,463,000 |
$104,000 | $825,000 |
$62,000 | $873,000 |
| FHA-insured (Federal Housing Administration) |
14 | $1,251,000 |
$89,000 | $147,000 |
$41,000 | $100,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
110 | $7,914,000 |
$71,000 | $189,000 |
$30,000 | $56,000 |
| VA-guaranteed (Veterans Administration) |
2 | $178,000 |
$89,000 | $120,000 |
$31,000 | $43,000 |
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| Application Approved But Not Accepted |
4 | $324,000 |
$81,000 | $122,000 |
$28,000 | $39,000 |
| Application Denied By Financial Institution |
6 | $349,000 |
$58,000 | $95,000 |
$23,000 | $26,000 |
| Application Withdrawn By Applicant |
15 | $1,236,000 |
$82,000 | $169,000 |
$52,000 | $101,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
518 | $50,897,000 |
$98,000 | $825,000 |
$55,000 | $873,000 |
| 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 |
1 | $66,000 |
$66,000 | $66,000 |
$26,000 | $26,000 |
| Debt-To-Income Ratio |
3 | $166,000 |
$55,000 | $95,000 |
$24,000 | $26,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $65,000 |
$65,000 | $65,000 |
$23,000 | $23,000 |
| Unverifiable Information |
1 | $52,000 |
$52,000 | $52,000 |
$18,000 | $18,000 |
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Mortgage Loan App Totals for FIRST HOME MORTGAGE, INC. by:
Metropolitan Area And
County
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