|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
LHM FINANCIAL DBA. CNN MORTGAG
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
LHM FINANCIAL DBA. CNN MORTGAG |
| Address | 7025 EAST GREENWAY PARKWAY SUITE 300
SCOTTSDALE, AZ 85254 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 779 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $181,502,000 |
| Average Mortgage Loan Amount Applied For | $198,454 |
| Highest Mortgage Loan Amount Applied For | $1,031,000 |
| Average Applicant Income | $175,545 |
| Highest Applicant Income | $1,920,000 |
|
|
|
| Home Improvement |
5 | $1,697,000 |
$339,000 | $450,000 |
$163,000 | $288,000 |
| Home Purchase |
495 | $110,080,000 |
$222,000 | $996,000 |
$134,000 | $1,920,000 |
| Refinancing |
279 | $69,725,000 |
$249,000 | $1,031,000 |
$127,000 | $660,000 |
|
|
| American Indian or Alaskan Native |
3 | $338,000 |
$112,000 | $162,000 |
$91,000 | $101,000 |
| Asian |
16 | $4,338,000 |
$271,000 | $757,000 |
$104,000 | $300,000 |
| Black or African American |
18 | $3,891,000 |
$216,000 | $845,000 |
$70,000 | $180,000 |
| Hispanic |
44 | $9,021,000 |
$205,000 | $980,000 |
$89,000 | $336,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $195,000 |
$195,000 | $195,000 |
$224,000 | $224,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
116 | $26,773,000 |
$230,000 | $860,000 |
$102,000 | $500,000 |
| White |
581 | $136,946,000 |
$235,000 | $1,031,000 |
$143,000 | $1,920,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
771 | $179,844,000 |
$233,000 | $1,031,000 |
$132,000 | $1,920,000 |
| FHA-insured (Federal Housing Administration) |
4 | $715,000 |
$178,000 | $192,000 |
$60,000 | $74,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $943,000 |
$235,000 | $280,000 |
$53,000 | $90,000 |
|
|
| Application Approved But Not Accepted |
20 | $3,718,000 |
$185,000 | $417,000 |
$109,000 | $462,000 |
| Application Denied By Financial Institution |
2 | $672,000 |
$336,000 | $490,000 |
$34,000 | $69,000 |
| Application Withdrawn By Applicant |
180 | $49,056,000 |
$272,000 | $1,031,000 |
$130,000 | $462,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
577 | $128,056,000 |
$221,000 | $1,000,000 |
$133,000 | $1,920,000 |
| 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 |
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 |
|
Mortgage Loan App Totals for LHM FINANCIAL DBA. CNN MORTGAG by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
