| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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KH FINANCIAL, LP
Mortgage Loans and Application Details
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| Mortgage Company Name |
KH FINANCIAL, LP |
| Address | 5999 NEW WILKE RD STE 203
ROLLING MEADOWS, IL 60008 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,143 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $629,802,000 |
| Average Mortgage Loan Amount Applied For | $185,714 |
| Highest Mortgage Loan Amount Applied For | $760,000 |
| Average Applicant Income | $77,673 |
| Highest Applicant Income | $1,514,000 |
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| Home Improvement |
5 | $1,038,000 |
$193,500 | $263,000 |
$61,500 | $73,000 |
| Home Purchase |
3,103 | $620,362,000 |
$192,444 | $760,000 |
$88,222 | $1,514,000 |
| Refinancing |
36 | $8,852,000 |
$182,666 | $549,000 |
$76,333 | $258,000 |
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| American Indian or Alaskan Native |
6 | $1,307,000 |
$246,666 | $350,000 |
$101,000 | $122,000 |
| Asian |
533 | $120,773,000 |
$214,000 | $760,000 |
$92,857 | $768,000 |
| Black or African American |
229 | $40,801,000 |
$218,875 | $623,000 |
$88,625 | $583,000 |
| Hispanic |
411 | $75,365,000 |
$199,000 | $562,000 |
$71,500 | $437,000 |
| Native Hawaiin or Other Pacific Islander |
49 | $10,729,000 |
$195,500 | $520,000 |
$95,250 | $409,000 |
| Not applicable |
6 | $1,255,000 |
$187,000 | $250,000 |
$95,500 | $140,000 |
| Not Provided |
559 | $114,569,000 |
$197,375 | $715,000 |
$88,500 | $576,000 |
| White |
1,351 | $265,453,000 |
$191,666 | $741,000 |
$92,666 | $1,514,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,878 | $588,350,000 |
$191,666 | $760,000 |
$88,555 | $1,514,000 |
| FHA-insured (Federal Housing Administration) |
184 | $27,725,000 |
$176,750 | $279,000 |
$63,000 | $304,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
82 | $14,177,000 |
$242,250 | $342,000 |
$75,500 | $165,000 |
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| Application Approved But Not Accepted |
13 | $2,889,000 |
$199,000 | $394,000 |
$104,666 | $164,000 |
| Application Denied By Financial Institution |
143 | $30,578,000 |
$245,714 | $550,000 |
$74,142 | $700,000 |
| Application Withdrawn By Applicant |
762 | $157,509,000 |
$201,625 | $760,000 |
$95,500 | $900,000 |
| File Closed For Incompleteness |
9 | $1,344,000 |
$156,000 | $300,000 |
$38,500 | $102,000 |
| Loan Originated |
2,217 | $437,932,000 |
$189,777 | $714,000 |
$86,666 | $1,514,000 |
| 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 |
1 | $280,000 |
$280,000 | $280,000 |
$40,000 | $40,000 |
| Credit Application Incomplete |
1 | $145,000 |
$145,000 | $145,000 |
$88,000 | $88,000 |
| Credit History |
38 | $6,946,000 |
$265,400 | $483,000 |
$98,800 | $360,000 |
| Debt-To-Income Ratio |
26 | $7,306,000 |
$250,285 | $550,000 |
$50,000 | $145,000 |
| Employment History |
2 | $410,000 |
$205,000 | $256,000 |
$59,500 | $64,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $819,000 |
$273,000 | $335,000 |
$75,666 | $92,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $1,390,000 |
$213,333 | $437,000 |
$75,000 | $276,000 |
| Unverifiable Information |
4 | $1,201,000 |
$251,500 | $502,000 |
$70,000 | $155,000 |
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Mortgage Loan Application Totals for KH FINANCIAL, LP by:
Metropolitan Area And
County
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