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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 REPUBLIC MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST REPUBLIC MORTGAGE CORP. |
| Address | 5777 N. POST ROAD
INDIANAPOLIS, IN 46216 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 322 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $38,088,000 |
| Average Mortgage Loan Amount Applied For | $121,351 |
| Highest Mortgage Loan Amount Applied For | $558,000 |
| Average Applicant Income | $60,945 |
| Highest Applicant Income | $450,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
262 | $30,317,000 |
$115,000 | $558,000 |
$56,000 | $450,000 |
| Refinancing |
64 | $8,144,000 |
$127,000 | $474,000 |
$66,000 | $329,000 |
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| American Indian or Alaskan Native |
1 | $64,000 |
$64,000 | $64,000 |
$25,000 | $25,000 |
| Asian |
8 | $1,464,000 |
$183,000 | $368,000 |
$32,000 | $83,000 |
| Black or African American |
5 | $817,000 |
$163,000 | $460,000 |
$68,000 | $159,000 |
| Hispanic |
9 | $919,000 |
$102,000 | $175,000 |
$46,000 | $120,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6 | $1,066,000 |
$177,000 | $558,000 |
$166,000 | $450,000 |
| White |
297 | $34,131,000 |
$114,000 | $474,000 |
$56,000 | $329,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
205 | $25,828,000 |
$125,000 | $558,000 |
$64,000 | $450,000 |
| FHA-insured (Federal Housing Administration) |
105 | $10,481,000 |
$99,000 | $188,000 |
$46,000 | $240,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
16 | $2,152,000 |
$134,000 | $250,000 |
$59,000 | $95,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
24 | $2,479,000 |
$103,000 | $225,000 |
$45,000 | $83,000 |
| Application Withdrawn By Applicant |
25 | $3,121,000 |
$124,000 | $558,000 |
$78,000 | $450,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
277 | $32,861,000 |
$118,000 | $474,000 |
$57,000 | $329,000 |
| 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 |
4 | $283,000 |
$70,000 | $114,000 |
$40,000 | $47,000 |
| Credit Application Incomplete |
2 | $231,000 |
$115,000 | $123,000 |
$50,000 | $65,000 |
| Credit History |
11 | $1,134,000 |
$103,000 | $198,000 |
$43,000 | $81,000 |
| Debt-To-Income Ratio |
2 | $252,000 |
$126,000 | $214,000 |
$36,000 | $37,000 |
| Employment History |
2 | $224,000 |
$112,000 | $128,000 |
$45,000 | $55,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $275,000 |
$137,000 | $225,000 |
$83,000 | $83,000 |
| Unverifiable Information |
1 | $80,000 |
$80,000 | $80,000 |
$17,000 | $17,000 |
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Mortgage Loan App Totals for FIRST REPUBLIC MORTGAGE CORP. by:
Metropolitan Area And
County
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