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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 MORTGAGE COMPANY, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
LEGACY MORTGAGE COMPANY, INC. |
| Address | 3336 KIMBALL AVE.
WATERLOO, IA 50701 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 201 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,116,000 |
| Average Mortgage Loan Amount Applied For | $80,000 |
| Highest Mortgage Loan Amount Applied For | $269,000 |
| Average Applicant Income | $43,000 |
| Highest Applicant Income | $151,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
281 | $22,990,000 |
$83,000 | $291,000 |
$41,000 | $265,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
2 | $267,000 |
$133,500 | $196,000 |
$77,000 | $125,000 |
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| American Indian or Alaskan Native |
1 | $113,000 |
$113,000 | $113,000 |
$46,000 | $46,000 |
| Asian or Pacific Islander |
1 | $82,000 |
$82,000 | $82,000 |
$38,000 | $38,000 |
| Black |
14 | $876,000 |
$64,000 | $115,000 |
$33,000 | $100,000 |
| Hispanic |
15 | $936,000 |
$53,500 | $89,000 |
$27,500 | $46,000 |
| Information not provided by applicant in mail or telephone application |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $80,000 |
$80,000 | $80,000 |
$28,000 | $28,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
251 | $21,170,000 |
$84,500 | $291,000 |
$44,500 | $265,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
172 | $15,039,000 |
$87,500 | $291,000 |
$51,500 | $265,000 |
| FHA-insured (Federal Housing Administration) |
97 | $6,791,000 |
$72,500 | $146,000 |
$32,500 | $79,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
14 | $1,427,000 |
$101,500 | $194,000 |
$34,500 | $92,000 |
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| Application Approved But Not Accepted |
1 | $182,000 |
$182,000 | $182,000 |
$64,000 | $64,000 |
| Application Denied By Financial Institution |
27 | $1,889,000 |
$70,000 | $122,000 |
$40,500 | $116,000 |
| Application Withdrawn By Applicant |
16 | $1,567,000 |
$97,500 | $260,000 |
$43,500 | $123,000 |
| File Closed For Incompleteness |
14 | $1,116,000 |
$78,500 | $146,000 |
$40,500 | $60,000 |
| Loan Originated |
225 | $18,503,000 |
$84,500 | $291,000 |
$41,500 | $265,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $83,000 |
$41,500 | $42,000 |
$35,500 | $45,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
20 | $1,419,000 |
$72,500 | $122,000 |
$37,000 | $84,000 |
| Debt-To-Income Ratio |
2 | $154,000 |
$77,000 | $87,000 |
$29,000 | $31,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $95,000 |
$95,000 | $95,000 |
$116,000 | $116,000 |
| 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 LEGACY MORTGAGE COMPANY, INC. by:
Metropolitan Area And
County
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