|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
NFM, INC.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
NFM, INC. |
| Address | 505 PRGRESS DRIVE
LINTHICUM, MD 21090 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 490 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $93,181,000 |
| Average Mortgage Loan Amount Applied For | $180,281 |
| Highest Mortgage Loan Amount Applied For | $1,860,000 |
| Average Applicant Income | $71,812 |
| Highest Applicant Income | $870,000 |
|
|
|
| Home Improvement |
2 | $99,000 |
$49,000 | $58,000 |
$102,000 | $139,000 |
| Home Purchase |
58 | $10,261,000 |
$176,000 | $754,000 |
$106,000 | $870,000 |
| Refinancing |
430 | $82,821,000 |
$192,000 | $1,860,000 |
$73,000 | $870,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $604,000 |
$151,000 | $232,000 |
$42,000 | $60,000 |
| Black or African American |
123 | $23,076,000 |
$187,000 | $754,000 |
$78,000 | $870,000 |
| Hispanic |
31 | $5,866,000 |
$189,000 | $417,000 |
$89,000 | $228,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $811,000 |
$202,000 | $350,000 |
$57,000 | $100,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
66 | $11,612,000 |
$175,000 | $615,000 |
$61,000 | $180,000 |
| White |
262 | $51,212,000 |
$195,000 | $1,860,000 |
$79,000 | $582,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
487 | $92,791,000 |
$190,000 | $1,860,000 |
$77,000 | $870,000 |
| FHA-insured (Federal Housing Administration) |
3 | $390,000 |
$130,000 | $151,000 |
$56,000 | $74,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
25 | $4,700,000 |
$188,000 | $550,000 |
$67,000 | $228,000 |
| Application Withdrawn By Applicant |
33 | $5,860,000 |
$177,000 | $615,000 |
$78,000 | $198,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
432 | $82,621,000 |
$191,000 | $1,860,000 |
$77,000 | $870,000 |
| 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 |
3 | $1,049,000 |
$349,000 | $550,000 |
$162,000 | $180,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $2,146,000 |
$143,000 | $336,000 |
$55,000 | $228,000 |
| Debt-To-Income Ratio |
4 | $758,000 |
$189,000 | $389,000 |
$32,000 | $39,000 |
| Employment History |
1 | $257,000 |
$257,000 | $257,000 |
$67,000 | $67,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $490,000 |
$245,000 | $360,000 |
$83,000 | $120,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for NFM, INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
