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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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HOMELAND CAPITAL MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOMELAND CAPITAL MORTGAGE |
| Address | 600 E CARMEL DR, SUITE 110
CARMEL, IN 46033 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,874 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $612,755,000 |
| Average Mortgage Loan Amount Applied For | $103,438 |
| Highest Mortgage Loan Amount Applied For | $1,540,000 |
| Average Applicant Income | $42,210 |
| Highest Applicant Income | $1,176,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,166 | $234,933,000 |
$108,000 | $950,000 |
$36,000 | $1,176,000 |
| Refinancing |
7,265 | $724,457,000 |
$99,000 | $1,540,000 |
$39,000 | $876,000 |
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| American Indian or Alaskan Native |
23 | $1,975,000 |
$85,000 | $188,000 |
$36,000 | $108,000 |
| Asian |
77 | $10,721,000 |
$139,000 | $695,000 |
$38,000 | $330,000 |
| Black or African American |
897 | $99,136,000 |
$110,000 | $641,000 |
$34,000 | $579,000 |
| Hispanic |
84 | $9,963,000 |
$118,000 | $950,000 |
$35,000 | $204,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $987,000 |
$89,000 | $261,000 |
$45,000 | $149,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,025 | $223,556,000 |
$110,000 | $1,540,000 |
$31,000 | $780,000 |
| White |
6,314 | $613,052,000 |
$97,000 | $888,000 |
$41,000 | $1,176,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
9,431 | $959,390,000 |
$101,000 | $1,540,000 |
$38,000 | $1,176,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
2,878 | $300,481,000 |
$104,000 | $668,000 |
$25,000 | $1,176,000 |
| Application Denied By Financial Institution |
1,523 | $149,771,000 |
$98,000 | $625,000 |
$34,000 | $876,000 |
| Application Withdrawn By Applicant |
1,055 | $111,486,000 |
$105,000 | $875,000 |
$26,000 | $617,000 |
| File Closed For Incompleteness |
359 | $49,183,000 |
$137,000 | $950,000 |
$32,000 | $288,000 |
| Loan Originated |
2,882 | $272,558,000 |
$94,000 | $1,540,000 |
$61,000 | $840,000 |
| Loan Purchased By The Institution |
77 | $6,092,000 |
$79,000 | $264,000 |
$78,000 | $293,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
657 | $69,819,000 |
$106,000 | $580,000 |
$27,000 | $412,000 |
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| Collateral |
290 | $33,127,000 |
$114,000 | $585,000 |
$54,000 | $780,000 |
| Credit Application Incomplete |
1 | $172,000 |
$172,000 | $172,000 |
$0 | $0 |
| Credit History |
1,171 | $114,981,000 |
$98,000 | $625,000 |
$24,000 | $876,000 |
| Debt-To-Income Ratio |
287 | $32,895,000 |
$114,000 | $460,000 |
$44,000 | $182,000 |
| Employment History |
97 | $9,562,000 |
$98,000 | $356,000 |
$34,000 | $198,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $40,000 |
$40,000 | $40,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
323 | $27,774,000 |
$85,000 | $580,000 |
$27,000 | $412,000 |
| Unverifiable Information |
10 | $1,039,000 |
$103,000 | $234,000 |
$42,000 | $86,000 |
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Mortgage Loan App Totals for HOMELAND CAPITAL MORTGAGE by:
Metropolitan Area And
County
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