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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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HOME FUNDING FINDERS, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOME FUNDING FINDERS, INC. |
| Address | 621 COLUMBIA STREET EXT
COHOES, NY 12047 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,994 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $292,734,000 |
| Average Mortgage Loan Amount Applied For | $174,723 |
| Highest Mortgage Loan Amount Applied For | $760,000 |
| Average Applicant Income | $103,255 |
| Highest Applicant Income | $808,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,690 | $245,796,000 |
$145,000 | $760,000 |
$79,000 | $808,000 |
| Refinancing |
304 | $46,938,000 |
$154,000 | $650,000 |
$81,000 | $786,000 |
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| American Indian or Alaskan Native |
5 | $1,023,000 |
$204,000 | $336,000 |
$173,000 | $360,000 |
| Asian |
55 | $9,526,000 |
$173,000 | $576,000 |
$92,000 | $409,000 |
| Black or African American |
48 | $6,931,000 |
$144,000 | $525,000 |
$66,000 | $184,000 |
| Hispanic |
29 | $3,840,000 |
$132,000 | $460,000 |
$61,000 | $228,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $372,000 |
$124,000 | $179,000 |
$58,000 | $99,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,014,000 |
$126,000 | $300,000 |
$45,000 | $88,000 |
| White |
1,846 | $270,028,000 |
$146,000 | $760,000 |
$79,000 | $808,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,425 | $222,530,000 |
$156,000 | $760,000 |
$88,000 | $808,000 |
| FHA-insured (Federal Housing Administration) |
509 | $59,660,000 |
$117,000 | $231,000 |
$55,000 | $193,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
60 | $10,544,000 |
$175,000 | $317,000 |
$62,000 | $111,000 |
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| Application Approved But Not Accepted |
28 | $3,277,000 |
$117,000 | $600,000 |
$74,000 | $624,000 |
| Application Denied By Financial Institution |
61 | $7,702,000 |
$126,000 | $432,000 |
$61,000 | $206,000 |
| Application Withdrawn By Applicant |
272 | $42,627,000 |
$156,000 | $760,000 |
$86,000 | $808,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,633 | $239,128,000 |
$146,000 | $688,000 |
$79,000 | $786,000 |
| 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 |
4 | $437,000 |
$109,000 | $157,000 |
$45,000 | $60,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
11 | $1,653,000 |
$150,000 | $432,000 |
$72,000 | $206,000 |
| 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 |
4 | $264,000 |
$66,000 | $112,000 |
$94,000 | $120,000 |
| Unverifiable Information |
1 | $107,000 |
$107,000 | $107,000 |
$38,000 | $38,000 |
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Mortgage Loan App Totals for HOME FUNDING FINDERS, INC. by:
Metropolitan Area And
County
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