|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRSTCITY MORTGAGE, INC.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRSTCITY MORTGAGE, INC. |
| Address | 445 ATLANTA SOUTH PARKWAY #105
ATLANTA, GA 30349 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 2,882 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $352,452,000 |
| Average Mortgage Loan Amount Applied For | $125,020 |
| Highest Mortgage Loan Amount Applied For | $995,000 |
| Average Applicant Income | $63,163 |
| Highest Applicant Income | $744,000 |
|
|
|
| Home Improvement |
2 | $114,000 |
$57,000 | $86,000 |
$90,000 | $102,000 |
| Home Purchase |
1,948 | $229,718,000 |
$109,222 | $695,000 |
$68,777 | $744,000 |
| Refinancing |
932 | $122,620,000 |
$128,555 | $995,000 |
$56,888 | $497,000 |
|
|
| American Indian or Alaskan Native |
4 | $501,000 |
$125,000 | $180,000 |
$43,000 | $81,000 |
| Asian |
38 | $5,419,000 |
$144,500 | $644,000 |
$48,500 | $280,000 |
| Black or African American |
638 | $76,557,000 |
$114,400 | $460,000 |
$25,600 | $302,000 |
| Hispanic |
183 | $21,232,000 |
$112,500 | $302,000 |
$48,000 | $184,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $214,000 |
$107,000 | $110,000 |
$43,000 | $49,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $241,000 |
$241,000 | $241,000 |
$105,000 | $105,000 |
| White |
2,016 | $248,288,000 |
$117,111 | $995,000 |
$69,222 | $744,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,464 | $189,093,000 |
$125,222 | $995,000 |
$80,222 | $744,000 |
| FHA-insured (Federal Housing Administration) |
1,200 | $133,819,000 |
$102,000 | $311,000 |
$33,333 | $171,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
16 | $2,064,000 |
$106,333 | $214,000 |
$40,666 | $79,000 |
| VA-guaranteed (Veterans Administration) |
202 | $27,476,000 |
$121,428 | $246,000 |
$45,285 | $280,000 |
|
|
| Application Approved But Not Accepted |
18 | $2,164,000 |
$83,000 | $260,000 |
$57,400 | $138,000 |
| Application Denied By Financial Institution |
56 | $6,196,000 |
$96,000 | $248,000 |
$104,500 | $280,000 |
| Application Withdrawn By Applicant |
96 | $11,915,000 |
$169,200 | $380,000 |
$62,600 | $300,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,705 | $330,626,000 |
$121,666 | $995,000 |
$60,555 | $744,000 |
| Loan Purchased By The Institution |
7 | $1,551,000 |
$205,000 | $510,000 |
$55,000 | $196,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
7 | $580,000 |
$82,000 | $193,000 |
$73,000 | $132,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $1,731,000 |
$105,666 | $248,000 |
$118,000 | $280,000 |
| Debt-To-Income Ratio |
15 | $1,639,000 |
$79,500 | $172,000 |
$45,500 | $73,000 |
| Employment History |
8 | $1,092,000 |
$125,000 | $209,000 |
$40,500 | $51,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $89,000 |
$89,000 | $89,000 |
$20,000 | $20,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $907,000 |
$113,000 | $167,000 |
$57,000 | $148,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRSTCITY MORTGAGE, INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
