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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 MORTGAGE FINANCING CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOME MORTGAGE FINANCING CORP. |
| Address | 9666 E. RIGGS ROAD SUITE 129, SUITE 129
SUN LAKES, AZ 85248 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 716 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $169,002,000 |
| Average Mortgage Loan Amount Applied For | $247,166 |
| Highest Mortgage Loan Amount Applied For | $750,000 |
| Average Applicant Income | $99,666 |
| Highest Applicant Income | $896,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
695 | $163,081,000 |
$234,000 | $750,000 |
$107,000 | $896,000 |
| Refinancing |
21 | $5,921,000 |
$281,000 | $750,000 |
$123,000 | $240,000 |
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| American Indian or Alaskan Native |
6 | $1,131,000 |
$188,000 | $306,000 |
$71,000 | $142,000 |
| Asian |
8 | $1,911,000 |
$238,000 | $400,000 |
$84,000 | $350,000 |
| Black or African American |
3 | $758,000 |
$252,000 | $538,000 |
$50,000 | $98,000 |
| Hispanic |
18 | $4,105,000 |
$228,000 | $417,000 |
$135,000 | $471,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
25 | $5,595,000 |
$223,000 | $440,000 |
$78,000 | $224,000 |
| White |
656 | $155,502,000 |
$237,000 | $750,000 |
$109,000 | $896,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
711 | $167,776,000 |
$235,000 | $750,000 |
$108,000 | $896,000 |
| FHA-insured (Federal Housing Administration) |
3 | $721,000 |
$240,000 | $254,000 |
$67,000 | $92,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $505,000 |
$252,000 | $259,000 |
$61,000 | $75,000 |
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| Application Approved But Not Accepted |
23 | $5,093,000 |
$221,000 | $371,000 |
$78,000 | $153,000 |
| Application Denied By Financial Institution |
1 | $176,000 |
$176,000 | $176,000 |
$149,000 | $149,000 |
| Application Withdrawn By Applicant |
207 | $52,128,000 |
$251,000 | $680,000 |
$103,000 | $896,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
485 | $111,605,000 |
$230,000 | $750,000 |
$110,000 | $891,000 |
| 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 HOME MORTGAGE FINANCING CORP. by:
Metropolitan Area And
County
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