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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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PATRIOT MORTGAGE CO.
Mortgage Loans and Application Details
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| Mortgage Company Name |
PATRIOT MORTGAGE CO. |
| Address | 9870 GATEWAY NORTH SUITE A
EL PASO, TX 79924 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 695 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $69,057,000 |
| Average Mortgage Loan Amount Applied For | $188,500 |
| Highest Mortgage Loan Amount Applied For | $278,000 |
| Average Applicant Income | $184,500 |
| Highest Applicant Income | $455,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
692 | $68,868,000 |
$99,000 | $278,000 |
$64,000 | $455,000 |
| Refinancing |
3 | $189,000 |
$63,000 | $91,000 |
$23,000 | $25,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $933,000 |
$133,000 | $247,000 |
$110,000 | $455,000 |
| Black or African American |
27 | $3,201,000 |
$118,000 | $183,000 |
$59,000 | $120,000 |
| Hispanic |
556 | $52,601,000 |
$94,000 | $273,000 |
$44,000 | $240,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $171,000 |
$171,000 | $171,000 |
$67,000 | $67,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $256,000 |
$128,000 | $129,000 |
$54,000 | $64,000 |
| White |
102 | $11,895,000 |
$116,000 | $278,000 |
$74,000 | $360,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
147 | $14,210,000 |
$96,000 | $278,000 |
$80,000 | $455,000 |
| FHA-insured (Federal Housing Administration) |
449 | $42,211,000 |
$94,000 | $174,000 |
$43,000 | $360,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
99 | $12,636,000 |
$127,000 | $273,000 |
$58,000 | $201,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
39 | $4,065,000 |
$104,000 | $273,000 |
$47,000 | $201,000 |
| Application Withdrawn By Applicant |
212 | $21,305,000 |
$100,000 | $190,000 |
$48,000 | $360,000 |
| File Closed For Incompleteness |
6 | $533,000 |
$88,000 | $116,000 |
$41,000 | $53,000 |
| Loan Originated |
438 | $43,154,000 |
$98,000 | $278,000 |
$79,000 | $455,000 |
| 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 |
27 | $2,995,000 |
$110,000 | $273,000 |
$52,000 | $201,000 |
| Debt-To-Income Ratio |
7 | $653,000 |
$93,000 | $130,000 |
$30,000 | $35,000 |
| Employment History |
2 | $131,000 |
$65,000 | $74,000 |
$41,000 | $44,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $286,000 |
$95,000 | $123,000 |
$53,000 | $79,000 |
| 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 PATRIOT MORTGAGE CO. by:
Metropolitan Area And
County
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