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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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NATIONS HOME FUNDING CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
NATIONS HOME FUNDING CORP. |
| Address | 761 OLD HICKORY BLVD STE 400
BRENTWOOD, TN 37027 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,627 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $348,344,000 |
| Average Mortgage Loan Amount Applied For | $218,024 |
| Highest Mortgage Loan Amount Applied For | $1,751,000 |
| Average Applicant Income | $114,088 |
| Highest Applicant Income | $1,020,000 |
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| Home Improvement |
6 | $832,000 |
$138,000 | $215,000 |
$60,000 | $134,000 |
| Home Purchase |
797 | $162,541,000 |
$203,000 | $1,751,000 |
$114,000 | $1,020,000 |
| Refinancing |
824 | $184,971,000 |
$224,000 | $1,600,000 |
$115,000 | $1,008,000 |
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| American Indian or Alaskan Native |
7 | $1,321,000 |
$188,000 | $500,000 |
$63,000 | $132,000 |
| Asian |
20 | $5,945,000 |
$297,000 | $1,611,000 |
$80,000 | $275,000 |
| Black or African American |
89 | $19,179,000 |
$215,000 | $720,000 |
$110,000 | $299,000 |
| Hispanic |
63 | $12,780,000 |
$202,000 | $650,000 |
$101,000 | $313,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $156,000 |
$156,000 | $156,000 |
$120,000 | $120,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
171 | $32,446,000 |
$189,000 | $948,000 |
$105,000 | $1,020,000 |
| White |
1,276 | $276,517,000 |
$216,000 | $1,751,000 |
$118,000 | $1,008,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,618 | $346,780,000 |
$214,000 | $1,751,000 |
$115,000 | $1,020,000 |
| FHA-insured (Federal Housing Administration) |
6 | $806,000 |
$134,000 | $194,000 |
$56,000 | $87,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $758,000 |
$252,000 | $395,000 |
$58,000 | $94,000 |
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| Application Approved But Not Accepted |
7 | $1,374,000 |
$196,000 | $400,000 |
$97,000 | $144,000 |
| Application Denied By Financial Institution |
5 | $1,646,000 |
$329,000 | $743,000 |
$183,000 | $280,000 |
| Application Withdrawn By Applicant |
175 | $32,464,000 |
$185,000 | $846,000 |
$105,000 | $531,000 |
| File Closed For Incompleteness |
11 | $1,938,000 |
$176,000 | $332,000 |
$90,000 | $180,000 |
| Loan Originated |
1,429 | $310,922,000 |
$217,000 | $1,751,000 |
$116,000 | $1,020,000 |
| 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 |
2 | $865,000 |
$432,000 | $743,000 |
$216,000 | $280,000 |
| 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 |
3 | $781,000 |
$260,000 | $711,000 |
$160,000 | $233,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NATIONS HOME FUNDING CORP. by:
Metropolitan Area And
County
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