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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 MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
INFINITY MORTGAGE CORPORATION |
| Address | 1117 PERMITER CENTER WEST STE E-101
ATLANTA, GA 30339 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 376 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $51,262,000 |
| Average Mortgage Loan Amount Applied For | $107,500 |
| Highest Mortgage Loan Amount Applied For | $840,000 |
| Average Applicant Income | $53,733 |
| Highest Applicant Income | $757,000 |
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| Home Improvement (one-to-four family) |
1 | $250,000 |
$250,000 | $250,000 |
$672,000 | $672,000 |
| Home Purchase (one-to-four family) |
301 | $38,799,000 |
$125,000 | $840,000 |
$44,000 | $306,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
184 | $25,684,000 |
$141,000 | $680,000 |
$58,500 | $757,000 |
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| American Indian or Alaskan Native |
2 | $163,000 |
$81,500 | $109,000 |
$34,000 | $37,000 |
| Asian or Pacific Islander |
4 | $557,000 |
$140,000 | $270,000 |
$62,500 | $126,000 |
| Black |
299 | $38,440,000 |
$122,500 | $840,000 |
$85,500 | $672,000 |
| Hispanic |
14 | $1,507,000 |
$107,000 | $192,000 |
$46,000 | $66,000 |
| Information not provided by applicant in mail or telephone application |
26 | $3,311,000 |
$127,000 | $225,000 |
$44,500 | $98,000 |
| Not applicable |
1 | $76,000 |
$76,000 | $76,000 |
$35,000 | $35,000 |
| Other |
2 | $213,000 |
$106,500 | $110,000 |
$58,500 | $67,000 |
| White |
138 | $20,466,000 |
$145,000 | $680,000 |
$59,500 | $757,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
280 | $40,075,000 |
$138,000 | $840,000 |
$82,000 | $757,000 |
| FHA-insured (Federal Housing Administration) |
198 | $23,402,000 |
$115,500 | $245,000 |
$45,000 | $146,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $1,256,000 |
$157,000 | $256,000 |
$60,000 | $97,000 |
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| Application Approved But Not Accepted |
1 | $91,000 |
$91,000 | $91,000 |
$42,000 | $42,000 |
| Application Denied By Financial Institution |
5 | $491,000 |
$102,000 | $128,000 |
$39,500 | $58,000 |
| Application Withdrawn By Applicant |
58 | $7,882,000 |
$129,000 | $327,000 |
$89,500 | $672,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
422 | $56,269,000 |
$129,500 | $840,000 |
$50,000 | $757,000 |
| Loan Purchased By The 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 |
1 | $124,000 |
$124,000 | $124,000 |
$58,000 | $58,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for INFINITY MORTGAGE CORPORATION by:
Metropolitan Area And
County
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