|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST MAGNUS FINANCIAL CORP
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST MAGNUS FINANCIAL CORP |
| Address | 603 N. WILMOT ROAD
TUCSON, AZ 85711 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 245,377 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,424,694,000 |
| Average Mortgage Loan Amount Applied For | $129,380 |
| Highest Mortgage Loan Amount Applied For | $7,000,000 |
| Average Applicant Income | $74,926 |
| Highest Applicant Income | $9,110,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
134,693 | $22,139,049,000 |
$164,000 | $7,000,000 |
$98,000 | $7,716,000 |
| Refinancing |
110,684 | $23,285,645,000 |
$210,000 | $5,525,000 |
$96,000 | $9,110,000 |
|
|
| American Indian or Alaskan Native |
1,266 | $238,130,000 |
$188,000 | $2,000,000 |
$98,000 | $1,018,000 |
| Asian |
12,693 | $3,062,492,000 |
$241,000 | $2,701,000 |
$119,000 | $2,682,000 |
| Black or African American |
23,055 | $3,664,173,000 |
$158,000 | $4,000,000 |
$86,000 | $5,160,000 |
| Hispanic |
45,431 | $8,623,661,000 |
$189,000 | $2,078,000 |
$92,000 | $8,383,000 |
| Native Hawaiin or Other Pacific Islander |
1,745 | $401,240,000 |
$229,000 | $1,200,000 |
$102,000 | $1,053,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
31,918 | $6,016,737,000 |
$188,000 | $4,750,000 |
$65,000 | $9,110,000 |
| White |
129,269 | $23,418,261,000 |
$181,000 | $7,000,000 |
$107,000 | $8,340,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
234,234 | $43,725,305,000 |
$186,000 | $7,000,000 |
$100,000 | $9,110,000 |
| FHA-insured (Federal Housing Administration) |
9,080 | $1,289,455,000 |
$142,000 | $578,000 |
$47,000 | $829,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2,063 | $409,934,000 |
$198,000 | $625,000 |
$56,000 | $933,000 |
|
|
| Application Approved But Not Accepted |
39,168 | $7,300,718,000 |
$186,000 | $5,111,000 |
$100,000 | $9,110,000 |
| Application Denied By Financial Institution |
18,884 | $3,763,226,000 |
$199,000 | $3,000,000 |
$89,000 | $7,200,000 |
| Application Withdrawn By Applicant |
46,273 | $8,694,394,000 |
$187,000 | $7,000,000 |
$77,000 | $5,160,000 |
| File Closed For Incompleteness |
421 | $81,043,000 |
$192,000 | $2,600,000 |
$104,000 | $2,388,000 |
| Loan Originated |
136,787 | $24,932,294,000 |
$182,000 | $3,900,000 |
$105,000 | $8,383,000 |
| Loan Purchased By The Institution |
3,844 | $653,019,000 |
$169,000 | $1,575,000 |
$99,000 | $1,000,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRST MAGNUS FINANCIAL CORP by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
