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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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HAMILTON MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
HAMILTON MORTGAGE COMPANY |
| Address | 2700 NORTH CENTRAL AVENUE, STE 1500
PHOENIX, AZ 85004 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,823 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,057,903,000 |
| Average Mortgage Loan Amount Applied For | $139,815 |
| Highest Mortgage Loan Amount Applied For | $3,100,000 |
| Average Applicant Income | $73,802 |
| Highest Applicant Income | $2,400,000 |
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| Home Improvement |
10 | $1,853,000 |
$185,000 | $731,000 |
$78,000 | $303,000 |
| Home Purchase |
3,775 | $553,368,000 |
$146,000 | $1,640,000 |
$81,000 | $2,400,000 |
| Refinancing |
3,038 | $502,682,000 |
$165,000 | $3,100,000 |
$72,000 | $1,471,000 |
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| American Indian or Alaskan Native |
19 | $2,794,000 |
$147,000 | $335,000 |
$68,000 | $123,000 |
| Asian |
141 | $29,837,000 |
$211,000 | $2,048,000 |
$73,000 | $326,000 |
| Black or African American |
388 | $66,360,000 |
$171,000 | $1,640,000 |
$91,000 | $684,000 |
| Hispanic |
1,969 | $276,869,000 |
$140,000 | $1,500,000 |
$56,000 | $660,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $1,542,000 |
$220,000 | $380,000 |
$81,000 | $310,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
149 | $25,474,000 |
$170,000 | $1,050,000 |
$77,000 | $504,000 |
| White |
4,150 | $655,027,000 |
$157,000 | $3,100,000 |
$86,000 | $2,400,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,148 | $963,940,000 |
$156,000 | $3,100,000 |
$79,000 | $2,400,000 |
| FHA-insured (Federal Housing Administration) |
626 | $85,255,000 |
$136,000 | $368,000 |
$55,000 | $578,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
49 | $8,708,000 |
$177,000 | $305,000 |
$53,000 | $104,000 |
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| Application Approved But Not Accepted |
1,240 | $191,956,000 |
$154,000 | $2,000,000 |
$77,000 | $2,400,000 |
| Application Denied By Financial Institution |
800 | $140,241,000 |
$175,000 | $2,048,000 |
$88,000 | $576,000 |
| Application Withdrawn By Applicant |
936 | $138,436,000 |
$147,000 | $2,600,000 |
$76,000 | $840,000 |
| File Closed For Incompleteness |
371 | $61,794,000 |
$166,000 | $1,295,000 |
$104,000 | $802,000 |
| Loan Originated |
3,476 | $525,476,000 |
$151,000 | $3,100,000 |
$72,000 | $1,471,000 |
| 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 |
64 | $10,333,000 |
$161,000 | $2,048,000 |
$123,000 | $436,000 |
| Credit Application Incomplete |
9 | $1,343,000 |
$149,000 | $312,000 |
$101,000 | $308,000 |
| Credit History |
198 | $28,896,000 |
$145,000 | $938,000 |
$72,000 | $576,000 |
| Debt-To-Income Ratio |
101 | $17,447,000 |
$172,000 | $1,125,000 |
$94,000 | $456,000 |
| Employment History |
36 | $7,660,000 |
$212,000 | $1,500,000 |
$83,000 | $204,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $1,156,000 |
$192,000 | $411,000 |
$67,000 | $102,000 |
| Mortgage Insurance Denied |
2 | $289,000 |
$144,000 | $238,000 |
$66,000 | $79,000 |
| Other |
294 | $57,787,000 |
$196,000 | $2,000,000 |
$100,000 | $464,000 |
| Unverifiable Information |
46 | $7,824,000 |
$170,000 | $1,024,000 |
$62,000 | $308,000 |
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Mortgage Loan App Totals for HAMILTON MORTGAGE COMPANY by:
Metropolitan Area And
County
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