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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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HERITAGE LENDING & INVESTMENT
Mortgage Loans and Application Details
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| Mortgage Company Name |
HERITAGE LENDING & INVESTMENT |
| Address | 2870 JOHNSON FERRY ROAD
MARIETTA, GA 30062 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 268 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $31,113,000 |
| Average Mortgage Loan Amount Applied For | $112,157 |
| Highest Mortgage Loan Amount Applied For | $648,000 |
| Average Applicant Income | $49,431 |
| Highest Applicant Income | $279,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
209 | $22,019,000 |
$105,000 | $648,000 |
$54,000 | $279,000 |
| Refinancing |
59 | $9,094,000 |
$154,000 | $455,000 |
$55,000 | $259,000 |
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| American Indian or Alaskan Native |
1 | $300,000 |
$300,000 | $300,000 |
$78,000 | $78,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
57 | $5,843,000 |
$102,000 | $648,000 |
$61,000 | $225,000 |
| Hispanic |
10 | $1,652,000 |
$165,000 | $363,000 |
$81,000 | $252,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
10 | $821,000 |
$82,000 | $172,000 |
$44,000 | $145,000 |
| White |
190 | $22,497,000 |
$118,000 | $455,000 |
$51,000 | $279,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
126 | $16,819,000 |
$133,000 | $648,000 |
$66,000 | $279,000 |
| FHA-insured (Federal Housing Administration) |
140 | $14,205,000 |
$101,000 | $257,000 |
$43,000 | $124,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $89,000 |
$44,000 | $68,000 |
$9,000 | $18,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $271,000 |
$90,000 | $126,000 |
$35,000 | $64,000 |
| Application Withdrawn By Applicant |
33 | $3,894,000 |
$118,000 | $648,000 |
$74,000 | $225,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
232 | $26,948,000 |
$116,000 | $455,000 |
$51,000 | $279,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HERITAGE LENDING & INVESTMENT by:
Metropolitan Area And
County
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