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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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PREMIER MORTGAGE BANKING CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
PREMIER MORTGAGE BANKING CORP. |
| Address | 900 MERCHANTS CONCOURSE
WESTBURY, NY 11590 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 222 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $56,783,000 |
| Average Mortgage Loan Amount Applied For | $200,750 |
| Highest Mortgage Loan Amount Applied For | $648,000 |
| Average Applicant Income | $66,500 |
| Highest Applicant Income | $223,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
149 | $40,193,000 |
$178,666 | $648,000 |
$47,000 | $174,000 |
| Refinancing |
73 | $16,590,000 |
$227,000 | $641,000 |
$72,000 | $223,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
8 | $2,942,000 |
$367,000 | $648,000 |
$101,000 | $168,000 |
| Black or African American |
110 | $28,524,000 |
$188,000 | $502,000 |
$68,500 | $159,000 |
| Hispanic |
22 | $6,436,000 |
$292,000 | $528,000 |
$75,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $729,000 |
$364,000 | $484,000 |
$92,000 | $110,000 |
| White |
80 | $18,152,000 |
$188,500 | $641,000 |
$34,500 | $223,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
189 | $47,412,000 |
$172,000 | $648,000 |
$46,000 | $223,000 |
| FHA-insured (Federal Housing Administration) |
33 | $9,371,000 |
$283,000 | $502,000 |
$78,000 | $127,000 |
| 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 |
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| Application Approved But Not Accepted |
23 | $6,604,000 |
$208,500 | $502,000 |
$79,000 | $223,000 |
| Application Denied By Financial Institution |
16 | $3,323,000 |
$207,000 | $417,000 |
$63,000 | $109,000 |
| Application Withdrawn By Applicant |
18 | $4,329,000 |
$240,000 | $648,000 |
$91,000 | $168,000 |
| File Closed For Incompleteness |
1 | $121,000 |
$121,000 | $121,000 |
$41,000 | $41,000 |
| Loan Originated |
164 | $42,406,000 |
$204,500 | $641,000 |
$32,500 | $174,000 |
| 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 |
8 | $1,523,000 |
$190,000 | $371,000 |
$89,000 | $109,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $1,057,000 |
$211,000 | $417,000 |
$50,000 | $102,000 |
| 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 | $743,000 |
$247,000 | $390,000 |
$47,000 | $76,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PREMIER MORTGAGE BANKING CORP. by:
Metropolitan Area And
County
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