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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 SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
PREMIER MORTGAGE SERVICES |
| Address | 1930 EAST FORT UNION BLVD
SALT LAKE CITY, UT 84121 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 321 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $42,736,000 |
| Average Mortgage Loan Amount Applied For | $132,454 |
| Highest Mortgage Loan Amount Applied For | $330,000 |
| Average Applicant Income | $57,272 |
| Highest Applicant Income | $1,204,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
151 | $20,326,000 |
$134,000 | $325,000 |
$63,000 | $241,000 |
| Refinancing |
170 | $22,410,000 |
$131,000 | $330,000 |
$50,000 | $1,204,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $360,000 |
$180,000 | $222,000 |
$42,000 | $45,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
23 | $3,107,000 |
$135,000 | $281,000 |
$43,000 | $94,000 |
| Native Hawaiin or Other Pacific Islander |
24 | $2,821,000 |
$117,000 | $141,000 |
$42,000 | $72,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
22 | $2,843,000 |
$129,000 | $256,000 |
$62,000 | $155,000 |
| White |
250 | $33,605,000 |
$134,000 | $330,000 |
$61,000 | $1,204,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
145 | $18,349,000 |
$126,000 | $330,000 |
$61,000 | $1,204,000 |
| FHA-insured (Federal Housing Administration) |
162 | $22,218,000 |
$137,000 | $281,000 |
$51,000 | $175,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
14 | $2,169,000 |
$154,000 | $248,000 |
$63,000 | $120,000 |
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| Application Approved But Not Accepted |
5 | $769,000 |
$153,000 | $252,000 |
$76,000 | $155,000 |
| Application Denied By Financial Institution |
17 | $2,045,000 |
$120,000 | $223,000 |
$46,000 | $65,000 |
| Application Withdrawn By Applicant |
13 | $1,626,000 |
$125,000 | $222,000 |
$47,000 | $110,000 |
| File Closed For Incompleteness |
1 | $101,000 |
$101,000 | $101,000 |
$35,000 | $35,000 |
| Loan Originated |
285 | $38,195,000 |
$134,000 | $330,000 |
$59,000 | $1,204,000 |
| 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 |
1 | $30,000 |
$30,000 | $30,000 |
$53,000 | $53,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $153,000 |
$153,000 | $153,000 |
$35,000 | $35,000 |
| Debt-To-Income Ratio |
2 | $236,000 |
$118,000 | $223,000 |
$42,000 | $65,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $91,000 |
$91,000 | $91,000 |
$49,000 | $49,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $238,000 |
$119,000 | $134,000 |
$37,000 | $48,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PREMIER MORTGAGE SERVICES by:
Metropolitan Area And
County
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