|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
GEORGIA FIRST MORTGAGE CO.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
GEORGIA FIRST MORTGAGE CO. |
| Address | PO BOX 71565
ALBANY, GA 31708 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 153 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,440,000 |
| Average Mortgage Loan Amount Applied For | $114,666 |
| Highest Mortgage Loan Amount Applied For | $999,000 |
| Average Applicant Income | $57,733 |
| Highest Applicant Income | $600,000 |
|
|
|
| Home Improvement |
1 | $100,000 |
$100,000 | $100,000 |
$33,000 | $33,000 |
| Home Purchase |
103 | $11,181,000 |
$108,000 | $350,000 |
$47,000 | $180,000 |
| Refinancing |
49 | $7,159,000 |
$146,000 | $999,000 |
$83,000 | $600,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $239,000 |
$119,000 | $130,000 |
$53,000 | $84,000 |
| Black or African American |
47 | $4,895,000 |
$104,000 | $307,000 |
$50,000 | $300,000 |
| Hispanic |
3 | $273,000 |
$91,000 | $152,000 |
$50,000 | $100,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $999,000 |
$999,000 | $999,000 |
$600,000 | $600,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $1,967,000 |
$98,000 | $186,000 |
$49,000 | $144,000 |
| White |
80 | $10,067,000 |
$125,000 | $350,000 |
$59,000 | $180,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
88 | $11,839,000 |
$134,000 | $999,000 |
$71,000 | $600,000 |
| FHA-insured (Federal Housing Administration) |
52 | $5,391,000 |
$103,000 | $240,000 |
$41,000 | $102,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $658,000 |
$82,000 | $100,000 |
$31,000 | $46,000 |
| VA-guaranteed (Veterans Administration) |
5 | $552,000 |
$110,000 | $175,000 |
$47,000 | $90,000 |
|
|
| Application Approved But Not Accepted |
5 | $1,472,000 |
$294,000 | $999,000 |
$162,000 | $600,000 |
| Application Denied By Financial Institution |
64 | $6,686,000 |
$104,000 | $284,000 |
$49,000 | $144,000 |
| Application Withdrawn By Applicant |
68 | $8,490,000 |
$124,000 | $350,000 |
$54,000 | $150,000 |
| File Closed For Incompleteness |
16 | $1,792,000 |
$112,000 | $227,000 |
$79,000 | $300,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
41 | $4,273,000 |
$104,000 | $225,000 |
$45,000 | $144,000 |
| Debt-To-Income Ratio |
17 | $1,485,000 |
$87,000 | $167,000 |
$45,000 | $109,000 |
| 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 |
5 | $855,000 |
$171,000 | $284,000 |
$104,000 | $129,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for GEORGIA FIRST MORTGAGE CO. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
