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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
Mortgage Loans and Application Details
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| Mortgage Company Name |
LEGACY MORTGAGE |
| Address | 2701 WELLS FARGO WAY, MAC X9902-01R
MINNEAPOLIS, MN 55467 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 379 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $54,796,000 |
| Average Mortgage Loan Amount Applied For | $149,050 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $83,050 |
| Highest Applicant Income | $450,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
322 | $46,804,000 |
$217,666 | $650,000 |
$111,833 | $450,000 |
| Refinancing |
57 | $7,992,000 |
$134,500 | $334,000 |
$70,000 | $217,000 |
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| American Indian or Alaskan Native |
1 | $510,000 |
$510,000 | $510,000 |
$311,000 | $311,000 |
| Asian |
3 | $472,000 |
$157,000 | $224,000 |
$180,000 | $291,000 |
| Black or African American |
9 | $912,000 |
$101,000 | $150,000 |
$67,000 | $102,000 |
| Hispanic |
9 | $1,519,000 |
$168,000 | $196,000 |
$65,000 | $106,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $224,000 |
$112,000 | $120,000 |
$122,000 | $184,000 |
| White |
355 | $51,159,000 |
$204,857 | $650,000 |
$102,000 | $450,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
379 | $54,796,000 |
$205,000 | $650,000 |
$103,142 | $450,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
11 | $2,262,000 |
$205,000 | $476,000 |
$126,000 | $291,000 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
368 | $52,534,000 |
$204,714 | $650,000 |
$102,428 | $450,000 |
| 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 |
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 |
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 by:
Metropolitan Area And
County
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