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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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MID AMERICA MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
MID AMERICA MORTGAGE |
| Address | 6795 E. TENNESSEE AVE. #330 DENVER, CO 80224 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 84 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,288,000 |
| Average Mortgage Loan Amount Applied For | $166,285 |
| Highest Mortgage Loan Amount Applied For | $389,000 |
| Average Applicant Income | $62,285 |
| Highest Applicant Income | $240,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
45 | $6,768,000 |
$150,000 | $284,000 |
$63,000 | $240,000 |
| Refinancing |
39 | $6,520,000 |
$167,000 | $389,000 |
$56,000 | $240,000 |
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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 |
26 | $4,451,000 |
$171,000 | $389,000 |
$57,000 | $120,000 |
| Hispanic |
34 | $5,163,000 |
$151,000 | $225,000 |
$55,000 | $240,000 |
| 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 |
24 | $3,674,000 |
$153,000 | $265,000 |
$70,000 | $240,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
49 | $7,641,000 |
$155,000 | $389,000 |
$70,000 | $240,000 |
| FHA-insured (Federal Housing Administration) |
34 | $5,461,000 |
$160,000 | $251,000 |
$48,000 | $100,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $186,000 |
$186,000 | $186,000 |
$49,000 | $49,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
19 | $3,119,000 |
$164,000 | $265,000 |
$50,000 | $100,000 |
| Application Withdrawn By Applicant |
13 | $1,943,000 |
$149,000 | $389,000 |
$69,000 | $240,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
52 | $8,226,000 |
$158,000 | $285,000 |
$63,000 | $240,000 |
| 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 |
3 | $457,000 |
$152,000 | $170,000 |
$55,000 | $100,000 |
| Debt-To-Income Ratio |
12 | $2,233,000 |
$186,000 | $265,000 |
$47,000 | $92,000 |
| Employment History |
2 | $162,000 |
$81,000 | $123,000 |
$55,000 | $60,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $190,000 |
$190,000 | $190,000 |
$36,000 | $36,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MID AMERICA MORTGAGE by:
Metropolitan Area And
County
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