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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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HOMEQUEST CAPITAL FUNDING, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOMEQUEST CAPITAL FUNDING, LLC |
| Address | 30000 MILL CREEK AVE, SUITE 400
ALPHARETTA, GA 30022 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 1,004 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $124,930,000 |
| Average Mortgage Loan Amount Applied For | $115,229 |
| Highest Mortgage Loan Amount Applied For | $680,000 |
| Average Applicant Income | $61,204 |
| Highest Applicant Income | $365,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
727 | $87,912,000 |
$113,571 | $636,000 |
$67,142 | $360,000 |
| Refinancing |
281 | $37,529,000 |
$127,428 | $680,000 |
$63,714 | $365,000 |
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| American Indian or Alaskan Native |
4 | $375,000 |
$93,750 | $144,000 |
$57,500 | $114,000 |
| Asian |
8 | $927,000 |
$108,500 | $146,000 |
$80,000 | $360,000 |
| Black or African American |
402 | $49,116,000 |
$130,125 | $630,000 |
$70,625 | $365,000 |
| Hispanic |
74 | $10,036,000 |
$113,000 | $518,000 |
$55,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $259,000 |
$98,500 | $135,000 |
$68,500 | $77,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
114 | $15,780,000 |
$131,000 | $680,000 |
$64,500 | $360,000 |
| White |
403 | $48,948,000 |
$107,000 | $415,000 |
$62,000 | $360,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,008 | $125,441,000 |
$120,875 | $680,000 |
$67,000 | $365,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
371 | $46,170,000 |
$108,428 | $636,000 |
$55,857 | $360,000 |
| Application Withdrawn By Applicant |
187 | $24,764,000 |
$127,500 | $630,000 |
$66,000 | $360,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
446 | $53,996,000 |
$115,833 | $680,000 |
$63,666 | $365,000 |
| 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 |
4 | $511,000 |
$127,000 | $275,000 |
$99,000 | $157,000 |
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| Collateral |
176 | $22,251,000 |
$101,142 | $518,000 |
$65,571 | $354,000 |
| Credit Application Incomplete |
2 | $230,000 |
$115,000 | $157,000 |
$85,500 | $93,000 |
| Credit History |
39 | $4,530,000 |
$106,285 | $309,000 |
$49,428 | $302,000 |
| Debt-To-Income Ratio |
44 | $4,954,000 |
$113,400 | $363,000 |
$43,200 | $139,000 |
| Employment History |
23 | $2,832,000 |
$105,600 | $394,000 |
$41,400 | $240,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $296,000 |
$148,000 | $158,000 |
$58,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
58 | $7,734,000 |
$115,333 | $636,000 |
$63,666 | $360,000 |
| Unverifiable Information |
30 | $3,714,000 |
$125,200 | $375,000 |
$69,000 | $279,000 |
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Mortgage Loan App Totals for HOMEQUEST CAPITAL FUNDING, LLC by:
Metropolitan Area And
County
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