|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
GHS MORTGAGE LLC
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
GHS MORTGAGE LLC |
| Address | 4 WALNUT GROVE DRIVE
HORSHAM, PA 19044 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,014 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $250,318,000 |
| Average Mortgage Loan Amount Applied For | $251,275 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $127,575 |
| Highest Applicant Income | $1,800,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
858 | $209,365,000 |
$244,000 | $1,500,000 |
$129,000 | $1,800,000 |
| Refinancing |
156 | $40,953,000 |
$262,000 | $1,275,000 |
$124,000 | $798,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
44 | $10,994,000 |
$249,000 | $720,000 |
$150,000 | $464,000 |
| Black or African American |
33 | $7,663,000 |
$232,000 | $800,000 |
$134,000 | $480,000 |
| Hispanic |
40 | $7,896,000 |
$197,000 | $596,000 |
$106,000 | $200,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,056,000 |
$176,000 | $214,000 |
$79,000 | $115,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
17 | $4,855,000 |
$285,000 | $612,000 |
$153,000 | $450,000 |
| White |
874 | $217,854,000 |
$249,000 | $1,500,000 |
$127,000 | $1,800,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,008 | $248,885,000 |
$246,000 | $1,500,000 |
$128,000 | $1,800,000 |
| FHA-insured (Federal Housing Administration) |
2 | $327,000 |
$163,000 | $173,000 |
$58,000 | $62,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $1,106,000 |
$276,000 | $294,000 |
$81,000 | $105,000 |
|
|
| Application Approved But Not Accepted |
209 | $48,853,000 |
$233,000 | $1,500,000 |
$131,000 | $670,000 |
| Application Denied By Financial Institution |
13 | $2,968,000 |
$228,000 | $685,000 |
$138,000 | $595,000 |
| Application Withdrawn By Applicant |
214 | $50,331,000 |
$235,000 | $1,375,000 |
$136,000 | $1,800,000 |
| File Closed For Incompleteness |
9 | $809,000 |
$89,000 | $424,000 |
$97,000 | $168,000 |
| Loan Originated |
569 | $147,357,000 |
$258,000 | $1,436,000 |
$124,000 | $798,000 |
| 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 |
|
|
| Collateral |
1 | $24,000 |
$24,000 | $24,000 |
$51,000 | $51,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $375,000 |
$187,000 | $286,000 |
$55,000 | $59,000 |
| Debt-To-Income Ratio |
5 | $1,791,000 |
$358,000 | $685,000 |
$99,000 | $158,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $308,000 |
$308,000 | $308,000 |
$144,000 | $144,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $470,000 |
$117,000 | $200,000 |
$248,000 | $595,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for GHS MORTGAGE LLC by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
