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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 RELIANCE MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST RELIANCE MORTGAGE CORP. |
| Address | 7084 SOUTH 2300 EAST STE 200
SALT LAKE CITY, UT 84121 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 234 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,826,000 |
| Average Mortgage Loan Amount Applied For | $126,166 |
| Highest Mortgage Loan Amount Applied For | $212,000 |
| Average Applicant Income | $25,166 |
| Highest Applicant Income | $122,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
101 | $13,295,000 |
$131,000 | $212,000 |
$42,000 | $122,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
134 | $17,698,000 |
$130,000 | $212,000 |
$2,500 | $99,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
6 | $800,000 |
$131,000 | $160,000 |
$16,500 | $53,000 |
| Black |
5 | $713,000 |
$142,000 | $205,000 |
$15,000 | $45,000 |
| Hispanic |
23 | $2,840,000 |
$123,000 | $168,000 |
$29,000 | $84,000 |
| Information not provided by applicant in mail or telephone application |
12 | $1,548,000 |
$129,000 | $167,000 |
$16,000 | $53,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $114,000 |
$114,000 | $114,000 |
$26,000 | $26,000 |
| White |
188 | $24,978,000 |
$132,000 | $212,000 |
$26,000 | $122,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FHA-insured (Federal Housing Administration) |
186 | $23,768,000 |
$127,000 | $212,000 |
$26,000 | $122,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
49 | $7,225,000 |
$137,500 | $212,000 |
$12,000 | $94,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $167,000 |
$167,000 | $167,000 |
$47,000 | $47,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
234 | $30,826,000 |
$129,500 | $212,000 |
$12,000 | $122,000 |
| Loan Purchased By The 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 |
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 |
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Mortgage Loan App Totals for FIRST RELIANCE MORTGAGE CORP. by:
Metropolitan Area And
County
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