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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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LEGACY HOME MORTGAGE INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
LEGACY HOME MORTGAGE INC |
| Address | 12800 S RIDGELAND AVE - STE H
PALOS HEIGHTS, IL 60463 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 26 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,782,000 |
| Average Mortgage Loan Amount Applied For | $135,833 |
| Highest Mortgage Loan Amount Applied For | $252,000 |
| Average Applicant Income | $75,166 |
| Highest Applicant Income | $173,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
24 | $3,552,000 |
$115,000 | $252,000 |
$43,000 | $173,000 |
| Refinancing |
2 | $230,000 |
$115,000 | $180,000 |
$72,000 | $108,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
6 | $704,000 |
$117,000 | $220,000 |
$58,000 | $101,000 |
| Hispanic |
14 | $1,913,000 |
$110,000 | $224,000 |
$41,500 | $173,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
6 | $1,165,000 |
$194,000 | $252,000 |
$76,000 | $108,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
21 | $3,019,000 |
$143,000 | $252,000 |
$67,000 | $173,000 |
| FHA-insured (Federal Housing Administration) |
4 | $520,000 |
$113,000 | $172,000 |
$35,000 | $55,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $243,000 |
$243,000 | $243,000 |
$69,000 | $69,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
26 | $3,782,000 |
$113,500 | $252,000 |
$43,500 | $173,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
7 | $878,000 |
$106,000 | $252,000 |
$46,000 | $173,000 |
| Credit Application Incomplete |
1 | $50,000 |
$50,000 | $50,000 |
$36,000 | $36,000 |
| Credit History |
10 | $1,535,000 |
$153,000 | $243,000 |
$67,000 | $108,000 |
| Debt-To-Income Ratio |
1 | $183,000 |
$183,000 | $183,000 |
$101,000 | $101,000 |
| Employment History |
1 | $133,000 |
$133,000 | $133,000 |
$41,000 | $41,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $172,000 |
$172,000 | $172,000 |
$57,000 | $57,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $345,000 |
$172,000 | $173,000 |
$56,000 | $58,000 |
| Unverifiable Information |
3 | $486,000 |
$162,000 | $188,000 |
$64,000 | $101,000 |
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Mortgage Loan App Totals for LEGACY HOME MORTGAGE INC by:
Metropolitan Area And
County
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