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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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PINNACLE MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
PINNACLE MORTGAGE COMPANY |
| Address | 156 GRANTS FERRY ROAD
BRANDON, MS 39047 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 207 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,254,000 |
| Average Mortgage Loan Amount Applied For | $122,750 |
| Highest Mortgage Loan Amount Applied For | $402,000 |
| Average Applicant Income | $69,916 |
| Highest Applicant Income | $250,000 |
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| Home Improvement |
1 | $43,000 |
$43,000 | $43,000 |
$80,000 | $80,000 |
| Home Purchase |
161 | $20,395,000 |
$102,000 | $296,000 |
$58,250 | $250,000 |
| Refinancing |
45 | $6,816,000 |
$270,500 | $402,000 |
$147,500 | $216,000 |
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| American Indian or Alaskan Native |
1 | $70,000 |
$70,000 | $70,000 |
$41,000 | $41,000 |
| Asian |
1 | $160,000 |
$160,000 | $160,000 |
$50,000 | $50,000 |
| Black or African American |
14 | $1,664,000 |
$118,000 | $194,000 |
$44,000 | $83,000 |
| Hispanic |
1 | $117,000 |
$117,000 | $117,000 |
$50,000 | $50,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
9 | $1,196,000 |
$132,000 | $188,000 |
$85,000 | $250,000 |
| White |
181 | $24,047,000 |
$161,800 | $402,000 |
$91,200 | $216,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
123 | $16,704,000 |
$162,200 | $402,000 |
$92,800 | $250,000 |
| FHA-insured (Federal Housing Administration) |
80 | $9,917,000 |
$123,000 | $175,000 |
$47,000 | $119,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $633,000 |
$158,000 | $184,000 |
$67,000 | $92,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
53 | $8,212,000 |
$174,500 | $402,000 |
$95,500 | $216,000 |
| Loan Purchased By The Institution |
154 | $19,042,000 |
$146,333 | $365,000 |
$67,333 | $250,000 |
| 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) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 PINNACLE MORTGAGE COMPANY by:
Metropolitan Area And
County
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