|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
HOME TOWN MORTGAGE, INC.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
HOME TOWN MORTGAGE, INC. |
| Address | 7900 WEST 78TH STREET, SUITE 100
EDINA, MN 55439 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 2,838 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $455,562,000 |
| Average Mortgage Loan Amount Applied For | $131,566 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $104,948 |
| Highest Applicant Income | $5,000,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,291 | $202,949,000 |
$137,625 | $800,000 |
$88,625 | $1,200,000 |
| Refinancing |
1,547 | $252,613,000 |
$196,454 | $1,000,000 |
$564,363 | $5,000,000 |
|
|
| American Indian or Alaskan Native |
10 | $1,496,000 |
$149,000 | $282,000 |
$53,500 | $259,000 |
| Asian |
62 | $10,142,000 |
$175,500 | $316,000 |
$62,500 | $161,000 |
| Black or African American |
29 | $5,736,000 |
$227,833 | $619,000 |
$983,333 | $5,000,000 |
| Hispanic |
32 | $5,069,000 |
$135,250 | $390,000 |
$52,750 | $252,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $467,000 |
$169,500 | $212,000 |
$44,500 | $48,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
264 | $43,855,000 |
$132,000 | $800,000 |
$71,000 | $360,000 |
| White |
2,438 | $388,797,000 |
$144,818 | $1,000,000 |
$83,545 | $1,212,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,724 | $439,722,000 |
$188,923 | $1,000,000 |
$501,846 | $5,000,000 |
| FHA-insured (Federal Housing Administration) |
93 | $13,072,000 |
$113,750 | $265,000 |
$45,750 | $233,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
9 | $1,258,000 |
$139,000 | $193,000 |
$43,000 | $72,000 |
| VA-guaranteed (Veterans Administration) |
12 | $1,510,000 |
$143,666 | $238,000 |
$47,000 | $108,000 |
|
|
| Application Approved But Not Accepted |
89 | $15,140,000 |
$203,500 | $536,000 |
$160,333 | $600,000 |
| Application Denied By Financial Institution |
232 | $31,080,000 |
$113,400 | $750,000 |
$69,200 | $405,000 |
| Application Withdrawn By Applicant |
401 | $67,945,000 |
$119,000 | $800,000 |
$63,428 | $785,000 |
| File Closed For Incompleteness |
120 | $18,596,000 |
$136,500 | $549,000 |
$69,750 | $264,000 |
| Loan Originated |
1,996 | $322,801,000 |
$183,300 | $1,000,000 |
$573,200 | $5,000,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $20,000 |
$20,000 | $20,000 |
$70,000 | $70,000 |
| Debt-To-Income Ratio |
2 | $80,000 |
$40,000 | $50,000 |
$75,000 | $96,000 |
| Employment History |
1 | $650,000 |
$650,000 | $650,000 |
$252,000 | $252,000 |
| 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 |
|
Mortgage Loan App Totals for HOME TOWN MORTGAGE, INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
