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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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PARAMOUNT FINANCIAL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
PARAMOUNT FINANCIAL, INC. |
| Address | 1250 DOUGLAS AVE. STE. 100
LONGWOOD, FL 32779 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 442 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $76,307,000 |
| Average Mortgage Loan Amount Applied For | $196,566 |
| Highest Mortgage Loan Amount Applied For | $543,000 |
| Average Applicant Income | $194,133 |
| Highest Applicant Income | $2,100,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
240 | $40,240,000 |
$167,000 | $543,000 |
$102,000 | $2,100,000 |
| Refinancing |
202 | $36,067,000 |
$178,000 | $520,000 |
$114,000 | $1,403,000 |
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| American Indian or Alaskan Native |
1 | $309,000 |
$309,000 | $309,000 |
$77,000 | $77,000 |
| Asian |
11 | $1,707,000 |
$155,000 | $292,000 |
$105,000 | $204,000 |
| Black or African American |
56 | $10,548,000 |
$188,000 | $543,000 |
$56,000 | $156,000 |
| Hispanic |
108 | $16,827,000 |
$155,000 | $506,000 |
$86,000 | $469,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $183,000 |
$91,000 | $155,000 |
$58,000 | $58,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
35 | $7,239,000 |
$206,000 | $453,000 |
$99,000 | $335,000 |
| White |
229 | $39,494,000 |
$172,000 | $520,000 |
$133,000 | $2,100,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
414 | $70,928,000 |
$171,000 | $543,000 |
$111,000 | $2,100,000 |
| FHA-insured (Federal Housing Administration) |
24 | $4,278,000 |
$178,000 | $256,000 |
$54,000 | $87,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $1,101,000 |
$275,000 | $310,000 |
$75,000 | $82,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $80,000 |
$80,000 | $80,000 |
$28,000 | $28,000 |
| Application Withdrawn By Applicant |
19 | $3,516,000 |
$185,000 | $280,000 |
$96,000 | $469,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
422 | $72,711,000 |
$172,000 | $543,000 |
$108,000 | $2,100,000 |
| 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 |
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) |
1 | $80,000 |
$80,000 | $80,000 |
$28,000 | $28,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PARAMOUNT FINANCIAL, INC. by:
Metropolitan Area And
County
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