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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
Mortgage Loans and Application Details
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| Mortgage Company Name |
HERITAGE |
| Address | 95 EAST TABERNACLE
ST. GEORGE, UT 84770 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 145 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $42,965,000 |
| Average Mortgage Loan Amount Applied For | $216,000 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $115,000 |
| Highest Applicant Income | $1,116,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
103 | $30,646,000 |
$297,000 | $1,000,000 |
$109,000 | $1,116,000 |
| Refinancing |
42 | $12,319,000 |
$293,000 | $955,000 |
$155,000 | $1,104,000 |
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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 |
3 | $1,185,000 |
$395,000 | $426,000 |
$105,000 | $112,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $168,000 |
$168,000 | $168,000 |
$50,000 | $50,000 |
| White |
141 | $41,612,000 |
$295,000 | $1,000,000 |
$123,000 | $1,116,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
145 | $42,965,000 |
$296,000 | $1,000,000 |
$122,000 | $1,116,000 |
| 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 |
7 | $1,913,000 |
$273,000 | $507,000 |
$89,000 | $202,000 |
| Application Withdrawn By Applicant |
32 | $8,927,000 |
$278,000 | $659,000 |
$128,000 | $1,104,000 |
| File Closed For Incompleteness |
2 | $953,000 |
$476,000 | $638,000 |
$98,000 | $130,000 |
| Loan Originated |
104 | $31,172,000 |
$299,000 | $1,000,000 |
$123,000 | $1,116,000 |
| 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 |
1 | $360,000 |
$360,000 | $360,000 |
$112,000 | $112,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $40,000 |
$40,000 | $40,000 |
$25,000 | $25,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $1,513,000 |
$302,000 | $507,000 |
$98,000 | $202,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HERITAGE by:
Metropolitan Area And
County
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