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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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MEYER MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
MEYER MORTGAGE CORPORATION |
| Address | P O BOX 90050 1280 FAIRWAY STREETQ
BOWLING GREEN, KY 42103 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 92 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,737,000 |
| Average Mortgage Loan Amount Applied For | $90,625 |
| Highest Mortgage Loan Amount Applied For | $288,000 |
| Average Applicant Income | $44,000 |
| Highest Applicant Income | $143,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
84 | $7,801,000 |
$92,000 | $288,000 |
$40,000 | $143,000 |
| Refinancing |
8 | $936,000 |
$117,000 | $159,000 |
$56,000 | $103,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $137,000 |
$137,000 | $137,000 |
$34,000 | $34,000 |
| Black or African American |
2 | $135,000 |
$67,000 | $79,000 |
$30,000 | $37,000 |
| Hispanic |
3 | $465,000 |
$155,000 | $288,000 |
$54,000 | $84,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $248,000 |
$82,000 | $110,000 |
$30,000 | $48,000 |
| White |
83 | $7,752,000 |
$93,000 | $190,000 |
$42,000 | $143,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3 | $632,000 |
$210,000 | $288,000 |
$96,000 | $103,000 |
| FHA-insured (Federal Housing Administration) |
89 | $8,105,000 |
$91,000 | $162,000 |
$40,000 | $143,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
26 | $2,384,000 |
$91,000 | $288,000 |
$37,000 | $103,000 |
| Application Withdrawn By Applicant |
7 | $744,000 |
$106,000 | $162,000 |
$39,000 | $49,000 |
| File Closed For Incompleteness |
1 | $84,000 |
$84,000 | $84,000 |
$29,000 | $29,000 |
| Loan Originated |
58 | $5,525,000 |
$95,000 | $159,000 |
$44,000 | $143,000 |
| 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 |
15 | $1,126,000 |
$75,000 | $120,000 |
$30,000 | $48,000 |
| Debt-To-Income Ratio |
5 | $554,000 |
$110,000 | $190,000 |
$53,000 | $103,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $288,000 |
$288,000 | $288,000 |
$84,000 | $84,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $416,000 |
$83,000 | $113,000 |
$34,000 | $56,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MEYER MORTGAGE CORPORATION by:
Metropolitan Area And
County
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