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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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HOMEBANC MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOMEBANC MORTGAGE CORPORATION |
| Address | 2002 SUMMIT BOULEVARD SUITE 100
ATLANTA, GA 30319 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 31,914 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,013,404,000 |
| Average Mortgage Loan Amount Applied For | $191,727 |
| Highest Mortgage Loan Amount Applied For | $4,050,000 |
| Average Applicant Income | $124,010 |
| Highest Applicant Income | $4,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
26,622 | $4,709,453,000 |
$176,000 | $3,000,000 |
$99,000 | $4,200,000 |
| Refinancing |
5,308 | $1,307,738,000 |
$246,000 | $4,050,000 |
$121,000 | $2,396,000 |
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| American Indian or Alaskan Native |
63 | $10,472,000 |
$166,000 | $470,000 |
$95,000 | $500,000 |
| Asian |
533 | $98,076,000 |
$184,000 | $2,009,000 |
$93,000 | $636,000 |
| Black or African American |
3,812 | $603,333,000 |
$158,000 | $3,500,000 |
$76,000 | $2,250,000 |
| Hispanic |
3,155 | $567,907,000 |
$180,000 | $2,156,000 |
$94,000 | $3,672,000 |
| Native Hawaiin or Other Pacific Islander |
108 | $16,631,000 |
$153,000 | $550,000 |
$82,000 | $420,000 |
| Not applicable |
4 | $1,205,000 |
$301,000 | $685,000 |
$184,000 | $504,000 |
| Not Provided |
7,006 | $1,301,305,000 |
$185,000 | $3,676,000 |
$99,000 | $2,400,000 |
| White |
17,249 | $3,418,262,000 |
$198,000 | $4,050,000 |
$111,000 | $4,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
30,524 | $5,800,553,000 |
$190,000 | $4,050,000 |
$104,000 | $4,200,000 |
| FHA-insured (Federal Housing Administration) |
1,186 | $174,578,000 |
$147,000 | $359,000 |
$52,000 | $304,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
220 | $42,060,000 |
$191,000 | $415,000 |
$66,000 | $135,000 |
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| Application Approved But Not Accepted |
393 | $123,633,000 |
$314,000 | $3,000,000 |
$140,000 | $1,154,000 |
| Application Denied By Financial Institution |
1,953 | $336,477,000 |
$172,000 | $2,638,000 |
$96,000 | $3,024,000 |
| Application Withdrawn By Applicant |
2,417 | $448,328,000 |
$185,000 | $3,300,000 |
$95,000 | $2,400,000 |
| File Closed For Incompleteness |
100 | $19,182,000 |
$191,000 | $975,000 |
$100,000 | $540,000 |
| Loan Originated |
27,051 | $5,085,784,000 |
$188,000 | $4,050,000 |
$103,000 | $4,200,000 |
| 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 |
16 | $3,787,000 |
$236,000 | $720,000 |
$69,000 | $183,000 |
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| Collateral |
227 | $47,437,000 |
$208,000 | $2,638,000 |
$149,000 | $3,024,000 |
| Credit Application Incomplete |
589 | $111,498,000 |
$189,000 | $1,416,000 |
$97,000 | $1,128,000 |
| Credit History |
177 | $28,117,000 |
$158,000 | $975,000 |
$62,000 | $300,000 |
| Debt-To-Income Ratio |
312 | $49,768,000 |
$159,000 | $1,700,000 |
$69,000 | $380,000 |
| Employment History |
62 | $9,330,000 |
$150,000 | $452,000 |
$66,000 | $312,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
66 | $13,730,000 |
$208,000 | $1,750,000 |
$87,000 | $706,000 |
| Mortgage Insurance Denied |
1 | $84,000 |
$84,000 | $84,000 |
$168,000 | $168,000 |
| Other |
261 | $36,661,000 |
$140,000 | $1,125,000 |
$102,000 | $1,008,000 |
| Unverifiable Information |
274 | $43,639,000 |
$159,000 | $1,050,000 |
$105,000 | $1,073,000 |
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Mortgage Loan App Totals for HOMEBANC MORTGAGE CORPORATION by:
Metropolitan Area And
County
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