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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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PRIMEQUITY, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
PRIMEQUITY, LLC |
| Address | 6520 HARNEY ROAD
TAMPA, FL 33610 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,026 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $437,450,000 |
| Average Mortgage Loan Amount Applied For | $123,923 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $84,239 |
| Highest Applicant Income | $1,323,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,025 | $299,049,000 |
$147,000 | $1,440,000 |
$97,000 | $1,323,000 |
| Refinancing |
1,040 | $144,527,000 |
$138,000 | $1,500,000 |
$100,000 | $791,000 |
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| American Indian or Alaskan Native |
5 | $585,000 |
$117,000 | $183,000 |
$58,000 | $104,000 |
| Asian |
49 | $7,587,000 |
$154,000 | $488,000 |
$153,000 | $1,323,000 |
| Black or African American |
849 | $116,265,000 |
$136,000 | $1,000,000 |
$88,000 | $587,000 |
| Hispanic |
1,098 | $164,915,000 |
$150,000 | $1,440,000 |
$101,000 | $585,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $1,427,000 |
$178,000 | $284,000 |
$138,000 | $402,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
8 | $1,038,000 |
$129,000 | $285,000 |
$80,000 | $136,000 |
| White |
1,048 | $151,759,000 |
$144,000 | $1,500,000 |
$99,000 | $791,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,065 | $443,576,000 |
$144,000 | $1,500,000 |
$98,000 | $1,323,000 |
| 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 | $509,000 |
$509,000 | $509,000 |
$360,000 | $360,000 |
| Application Denied By Financial Institution |
540 | $81,540,000 |
$151,000 | $865,000 |
$92,000 | $1,323,000 |
| Application Withdrawn By Applicant |
1,321 | $203,303,000 |
$153,000 | $1,500,000 |
$101,000 | $748,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,203 | $158,224,000 |
$131,000 | $1,021,000 |
$96,000 | $791,000 |
| 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 |
37 | $6,306,000 |
$170,000 | $590,000 |
$99,000 | $402,000 |
| Credit Application Incomplete |
7 | $803,000 |
$114,000 | $280,000 |
$61,000 | $83,000 |
| Credit History |
185 | $26,460,000 |
$143,000 | $704,000 |
$82,000 | $288,000 |
| Debt-To-Income Ratio |
31 | $5,494,000 |
$177,000 | $511,000 |
$73,000 | $156,000 |
| Employment History |
24 | $3,760,000 |
$156,000 | $550,000 |
$86,000 | $169,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
11 | $1,678,000 |
$152,000 | $284,000 |
$121,000 | $259,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
189 | $27,800,000 |
$147,000 | $860,000 |
$101,000 | $1,323,000 |
| Unverifiable Information |
54 | $8,994,000 |
$166,000 | $865,000 |
$101,000 | $310,000 |
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Mortgage Loan App Totals for PRIMEQUITY, LLC by:
Metropolitan Area And
County
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