|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
LHI MORTGAGE, INC.
Mortgage Loans and Application Details
|
|
|
| Mortgage Company Name |
LHI MORTGAGE, INC. |
| Address | 2700 WEST HIGGINS RD STE 110 HOFFMAN ESTATES, IL 60195 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 721 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $134,669,000 |
| Average Mortgage Loan Amount Applied For | $208,375 |
| Highest Mortgage Loan Amount Applied For | $516,000 |
| Average Applicant Income | $77,000 |
| Highest Applicant Income | $297,000 |
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
711 | $132,749,000 |
$186,000 | $516,000 |
$70,000 | $297,000 |
| Refinancing |
10 | $1,920,000 |
$192,000 | $490,000 |
$60,000 | $116,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
38 | $7,352,000 |
$193,000 | $358,000 |
$84,000 | $167,000 |
| Black or African American |
72 | $14,450,000 |
$200,000 | $490,000 |
$72,000 | $137,000 |
| Hispanic |
188 | $34,081,000 |
$181,000 | $332,000 |
$63,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
15 | $3,399,000 |
$226,000 | $394,000 |
$98,000 | $260,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
408 | $75,387,000 |
$184,000 | $516,000 |
$71,000 | $297,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
618 | $114,934,000 |
$185,000 | $516,000 |
$70,000 | $297,000 |
| FHA-insured (Federal Housing Administration) |
77 | $13,631,000 |
$177,000 | $273,000 |
$67,000 | $140,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
26 | $6,104,000 |
$234,000 | $338,000 |
$79,000 | $127,000 |
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
4 | $646,000 |
$161,000 | $263,000 |
$45,000 | $80,000 |
| Application Withdrawn By Applicant |
5 | $1,024,000 |
$204,000 | $296,000 |
$55,000 | $96,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
712 | $132,999,000 |
$186,000 | $516,000 |
$70,000 | $297,000 |
| 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 |
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $618,000 |
$206,000 | $263,000 |
$51,000 | $80,000 |
| Debt-To-Income Ratio |
1 | $28,000 |
$28,000 | $28,000 |
$25,000 | $25,000 |
| 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 |
|
Mortgage Loan App Totals for LHI MORTGAGE, INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|