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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 CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
LEGACY MORTGAGE CORP |
| Address | 12800 S RIDGELAND AVENUE STE G
PALOS HEIGHTS, IL 60463 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 59 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,415,000 |
| Average Mortgage Loan Amount Applied For | $139,800 |
| Highest Mortgage Loan Amount Applied For | $312,000 |
| Average Applicant Income | $52,600 |
| Highest Applicant Income | $122,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
66 | $10,663,000 |
$160,500 | $320,000 |
$50,500 | $108,000 |
| Refinancing |
11 | $1,642,000 |
$147,500 | $225,000 |
$52,500 | $122,000 |
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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 |
41 | $6,233,000 |
$157,000 | $320,000 |
$53,000 | $122,000 |
| Hispanic |
24 | $4,333,000 |
$159,000 | $312,000 |
$55,000 | $103,000 |
| 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 |
12 | $1,739,000 |
$143,500 | $225,000 |
$45,500 | $87,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FHA-insured (Federal Housing Administration) |
77 | $12,305,000 |
$155,000 | $320,000 |
$51,333 | $122,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
10 | $1,793,000 |
$179,000 | $312,000 |
$60,000 | $122,000 |
| Application Denied By Financial Institution |
21 | $3,308,000 |
$153,000 | $235,000 |
$49,000 | $96,000 |
| Application Withdrawn By Applicant |
17 | $2,980,000 |
$183,000 | $320,000 |
$59,333 | $107,000 |
| File Closed For Incompleteness |
23 | $3,199,000 |
$133,500 | $252,000 |
$44,000 | $103,000 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
3 | $626,000 |
$208,000 | $271,000 |
$69,000 | $108,000 |
| Preapproval Denied by Financial Institution |
3 | $399,000 |
$133,000 | $148,000 |
$33,000 | $40,000 |
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| Collateral |
1 | $137,000 |
$137,000 | $137,000 |
$35,000 | $35,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $1,162,000 |
$145,500 | $182,000 |
$51,500 | $96,000 |
| Debt-To-Income Ratio |
9 | $1,440,000 |
$146,000 | $225,000 |
$37,500 | $65,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $289,000 |
$144,500 | $166,000 |
$43,000 | $54,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
2 | $239,000 |
$119,000 | $147,000 |
$54,000 | $57,000 |
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Mortgage Loan App Totals for LEGACY MORTGAGE CORP by:
Metropolitan Area And
County
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