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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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HOMETOWN LENDERS
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOMETOWN LENDERS |
| Address | 12935 HWY 231-431 N
HAZEL GREEN, AL 35750 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 192 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $20,368,000 |
| Average Mortgage Loan Amount Applied For | $91,411 |
| Highest Mortgage Loan Amount Applied For | $400,000 |
| Average Applicant Income | $55,529 |
| Highest Applicant Income | $550,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
264 | $28,070,000 |
$106,000 | $400,000 |
$60,000 | $550,000 |
| Refinancing |
21 | $1,958,000 |
$93,000 | $225,000 |
$72,000 | $291,000 |
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| American Indian or Alaskan Native |
1 | $65,000 |
$65,000 | $65,000 |
$27,000 | $27,000 |
| Asian |
2 | $360,000 |
$180,000 | $325,000 |
$58,000 | $85,000 |
| Black or African American |
93 | $8,259,000 |
$88,000 | $323,000 |
$49,000 | $231,000 |
| Hispanic |
12 | $1,304,000 |
$108,000 | $221,000 |
$53,000 | $108,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
32 | $3,548,000 |
$110,000 | $352,000 |
$59,000 | $165,000 |
| White |
145 | $16,492,000 |
$113,000 | $400,000 |
$70,000 | $550,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
249 | $25,722,000 |
$103,000 | $400,000 |
$63,000 | $550,000 |
| FHA-insured (Federal Housing Administration) |
25 | $2,754,000 |
$110,000 | $194,000 |
$50,000 | $86,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
6 | $646,000 |
$107,000 | $135,000 |
$37,000 | $45,000 |
| VA-guaranteed (Veterans Administration) |
5 | $906,000 |
$181,000 | $203,000 |
$67,000 | $80,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
285 | $30,028,000 |
$105,000 | $400,000 |
$61,000 | $550,000 |
| 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 HOMETOWN LENDERS by:
Metropolitan Area And
County
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