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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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PRIME HOME MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
PRIME HOME MORTGAGE, INC. |
| Address | 2 PINE LAKES PARKWAY, NORTH SUITE 4
PALM COAST, FL 32137 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 708 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $120,661,000 |
| Average Mortgage Loan Amount Applied For | $167,453 |
| Highest Mortgage Loan Amount Applied For | $1,300,000 |
| Average Applicant Income | $139,465 |
| Highest Applicant Income | $2,630,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
365 | $60,659,000 |
$166,000 | $650,000 |
$81,000 | $807,000 |
| Refinancing |
355 | $62,137,000 |
$175,000 | $1,300,000 |
$102,000 | $2,630,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $97,000 |
$97,000 | $97,000 |
$148,000 | $148,000 |
| Hispanic |
13 | $2,048,000 |
$157,000 | $315,000 |
$55,000 | $133,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
702 | $120,190,000 |
$171,000 | $1,300,000 |
$92,000 | $2,630,000 |
| White |
4 | $461,000 |
$115,000 | $150,000 |
$96,000 | $150,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
720 | $122,796,000 |
$170,000 | $1,300,000 |
$91,000 | $2,630,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
1 | $142,000 |
$142,000 | $142,000 |
$43,000 | $43,000 |
| Application Denied By Financial Institution |
89 | $11,059,000 |
$124,000 | $362,000 |
$58,000 | $686,000 |
| Application Withdrawn By Applicant |
136 | $25,959,000 |
$190,000 | $650,000 |
$100,000 | $807,000 |
| File Closed For Incompleteness |
1 | $110,000 |
$110,000 | $110,000 |
$45,000 | $45,000 |
| Loan Originated |
493 | $85,526,000 |
$173,000 | $1,300,000 |
$95,000 | $2,630,000 |
| 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 |
48 | $6,192,000 |
$129,000 | $362,000 |
$63,000 | $686,000 |
| Debt-To-Income Ratio |
5 | $506,000 |
$101,000 | $165,000 |
$33,000 | $47,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
12 | $956,000 |
$79,000 | $207,000 |
$40,000 | $113,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
9 | $1,115,000 |
$123,000 | $355,000 |
$61,000 | $211,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PRIME HOME MORTGAGE, INC. by:
Metropolitan Area And
County
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