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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 CORORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
PREMIER MORTGAGE CORORATION |
| Address | 3200 CROASDAILE DR. STE 205
DURHAM, NC 27705 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 176 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,641,000 |
| Average Mortgage Loan Amount Applied For | $131,055 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $66,111 |
| Highest Applicant Income | $513,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
85 | $11,568,000 |
$108,000 | $334,000 |
$70,333 | $210,000 |
| Refinancing |
91 | $14,073,000 |
$154,000 | $650,000 |
$68,000 | $513,000 |
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| American Indian or Alaskan Native |
1 | $131,000 |
$131,000 | $131,000 |
$25,000 | $25,000 |
| Asian |
2 | $172,000 |
$86,000 | $89,000 |
$68,000 | $75,000 |
| Black or African American |
9 | $1,034,000 |
$114,000 | $151,000 |
$47,000 | $88,000 |
| Hispanic |
3 | $384,000 |
$128,000 | $215,000 |
$75,000 | $90,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
161 | $23,920,000 |
$112,000 | $650,000 |
$71,666 | $513,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
173 | $25,288,000 |
$111,000 | $650,000 |
$71,333 | $513,000 |
| FHA-insured (Federal Housing Administration) |
2 | $212,000 |
$106,000 | $131,000 |
$13,000 | $25,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $141,000 |
$141,000 | $141,000 |
$74,000 | $74,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $201,000 |
$100,000 | $141,000 |
$60,000 | $74,000 |
| Application Withdrawn By Applicant |
16 | $2,924,000 |
$182,000 | $650,000 |
$57,000 | $217,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
158 | $22,516,000 |
$110,000 | $400,000 |
$71,333 | $513,000 |
| 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 |
1 | $60,000 |
$60,000 | $60,000 |
$47,000 | $47,000 |
| 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 PREMIER MORTGAGE CORORATION by:
Metropolitan Area And
County
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