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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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INFINITY HOME MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
INFINITY HOME MORTGAGE COMPANY |
| Address | 1934 OLNEY AVE. SUITE 100
CHERRY HILL, NJ 08003 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 744 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $133,362,000 |
| Average Mortgage Loan Amount Applied For | $210,600 |
| Highest Mortgage Loan Amount Applied For | $1,974,000 |
| Average Applicant Income | $99,355 |
| Highest Applicant Income | $1,159,000 |
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| Home Improvement |
1 | $200,000 |
$200,000 | $200,000 |
$91,000 | $91,000 |
| Home Purchase |
491 | $85,429,000 |
$173,000 | $1,974,000 |
$104,000 | $1,159,000 |
| Refinancing |
252 | $47,733,000 |
$189,000 | $880,000 |
$86,000 | $773,000 |
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| American Indian or Alaskan Native |
3 | $428,000 |
$142,000 | $200,000 |
$67,000 | $91,000 |
| Asian |
13 | $1,811,000 |
$139,000 | $400,000 |
$87,000 | $319,000 |
| Black or African American |
181 | $31,691,000 |
$175,000 | $800,000 |
$76,000 | $326,000 |
| Hispanic |
78 | $14,418,000 |
$184,000 | $612,000 |
$88,000 | $178,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $244,000 |
$244,000 | $244,000 |
$67,000 | $67,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,238,000 |
$154,000 | $328,000 |
$113,000 | $264,000 |
| White |
460 | $83,532,000 |
$181,000 | $1,974,000 |
$109,000 | $1,159,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
571 | $100,513,000 |
$176,000 | $1,974,000 |
$110,000 | $1,159,000 |
| FHA-insured (Federal Housing Administration) |
167 | $31,814,000 |
$190,000 | $600,000 |
$59,000 | $243,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
6 | $1,035,000 |
$172,000 | $276,000 |
$58,000 | $83,000 |
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| Application Approved But Not Accepted |
2 | $428,000 |
$214,000 | $323,000 |
$101,000 | $131,000 |
| Application Denied By Financial Institution |
35 | $6,590,000 |
$188,000 | $610,000 |
$150,000 | $900,000 |
| Application Withdrawn By Applicant |
95 | $16,908,000 |
$177,000 | $880,000 |
$90,000 | $773,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
612 | $109,436,000 |
$178,000 | $1,974,000 |
$97,000 | $1,159,000 |
| 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 INFINITY HOME MORTGAGE COMPANY by:
Metropolitan Area And
County
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