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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 OWNERS MORTGAGE EQUITY
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOME OWNERS MORTGAGE EQUITY |
| Address | 801 15TH STREET WEST
BILLINGS, MT 59102 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 77 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,447,000 |
| Average Mortgage Loan Amount Applied For | $116,125 |
| Highest Mortgage Loan Amount Applied For | $314,000 |
| Average Applicant Income | $44,375 |
| Highest Applicant Income | $163,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
60 | $8,646,000 |
$144,000 | $275,000 |
$56,000 | $163,000 |
| Refinancing |
17 | $2,801,000 |
$164,000 | $314,000 |
$59,000 | $133,000 |
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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 |
1 | $144,000 |
$144,000 | $144,000 |
$44,000 | $44,000 |
| Hispanic |
4 | $471,000 |
$117,000 | $169,000 |
$85,000 | $133,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
72 | $10,832,000 |
$150,000 | $314,000 |
$56,000 | $163,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
14 | $2,527,000 |
$180,000 | $304,000 |
$79,000 | $163,000 |
| FHA-insured (Federal Housing Administration) |
55 | $7,677,000 |
$139,000 | $314,000 |
$51,000 | $133,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $1,243,000 |
$155,000 | $231,000 |
$55,000 | $88,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
5 | $781,000 |
$156,000 | $270,000 |
$55,000 | $78,000 |
| Application Withdrawn By Applicant |
1 | $174,000 |
$174,000 | $174,000 |
$49,000 | $49,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
71 | $10,492,000 |
$147,000 | $314,000 |
$57,000 | $163,000 |
| 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 OWNERS MORTGAGE EQUITY by:
Metropolitan Area And
County
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