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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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FRANKLIN MORTGAGE COMPANY, L.L
Mortgage Loans and Application Details
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| Mortgage Company Name |
FRANKLIN MORTGAGE COMPANY, L.L |
| Address | 1381 HIGH STREET, SUITE 107
WASHINGTON, MO 63090 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 47 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,177,000 |
| Average Mortgage Loan Amount Applied For | $114,000 |
| Highest Mortgage Loan Amount Applied For | $406,000 |
| Average Applicant Income | $42,800 |
| Highest Applicant Income | $155,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
24 | $2,313,000 |
$96,000 | $272,000 |
$52,000 | $127,000 |
| Refinancing |
23 | $2,864,000 |
$124,000 | $406,000 |
$63,000 | $155,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $327,000 |
$163,000 | $232,000 |
$45,000 | $90,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
45 | $4,850,000 |
$107,000 | $406,000 |
$58,000 | $155,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
47 | $5,177,000 |
$110,000 | $406,000 |
$57,000 | $155,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
12 | $1,085,000 |
$90,000 | $170,000 |
$53,000 | $114,000 |
| Application Withdrawn By Applicant |
35 | $4,092,000 |
$116,000 | $406,000 |
$59,000 | $155,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
1 | $25,000 |
$25,000 | $25,000 |
$69,000 | $69,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $775,000 |
$110,000 | $170,000 |
$50,000 | $88,000 |
| Debt-To-Income Ratio |
1 | $40,000 |
$40,000 | $40,000 |
$51,000 | $51,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $140,000 |
$140,000 | $140,000 |
$16,000 | $16,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $105,000 |
$52,000 | $80,000 |
$77,000 | $114,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FRANKLIN MORTGAGE COMPANY, L.L by:
Metropolitan Area And
County
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