|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
PROFESSIONAL MORTGAGE GROUP, I
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
PROFESSIONAL MORTGAGE GROUP, I |
| Address | 222 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 556 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $73,703,000 |
| Average Mortgage Loan Amount Applied For | $133,942 |
| Highest Mortgage Loan Amount Applied For | $1,141,000 |
| Average Applicant Income | $51,923 |
| Highest Applicant Income | $350,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
468 | $58,945,000 |
$169,000 | $584,000 |
$75,400 | $350,000 |
| Refinancing |
88 | $14,758,000 |
$204,666 | $1,141,000 |
$49,333 | $324,000 |
|
|
| American Indian or Alaskan Native |
1 | $221,000 |
$221,000 | $221,000 |
$45,000 | $45,000 |
| Asian |
15 | $2,259,000 |
$143,000 | $221,000 |
$59,000 | $125,000 |
| Black or African American |
32 | $3,369,000 |
$105,000 | $200,000 |
$43,000 | $95,000 |
| Hispanic |
17 | $2,585,000 |
$184,500 | $584,000 |
$50,500 | $107,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
59 | $7,568,000 |
$159,000 | $369,000 |
$19,000 | $196,000 |
| White |
432 | $57,701,000 |
$181,200 | $1,141,000 |
$83,800 | $350,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
337 | $48,265,000 |
$207,750 | $1,141,000 |
$80,750 | $350,000 |
| FHA-insured (Federal Housing Administration) |
194 | $22,186,000 |
$103,000 | $219,000 |
$37,000 | $160,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $118,000 |
$118,000 | $118,000 |
$27,000 | $27,000 |
| VA-guaranteed (Veterans Administration) |
24 | $3,134,000 |
$129,500 | $257,000 |
$50,000 | $113,000 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
19 | $1,867,000 |
$152,666 | $284,000 |
$33,666 | $90,000 |
| Application Withdrawn By Applicant |
43 | $4,964,000 |
$121,666 | $320,000 |
$47,666 | $344,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
494 | $66,872,000 |
$166,800 | $1,141,000 |
$74,800 | $350,000 |
| 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 |
|
|
| Collateral |
4 | $259,000 |
$64,000 | $122,000 |
$39,000 | $76,000 |
| Credit Application Incomplete |
1 | $177,000 |
$177,000 | $177,000 |
$48,000 | $48,000 |
| Credit History |
9 | $1,030,000 |
$188,500 | $284,000 |
$47,000 | $59,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $134,000 |
$134,000 | $134,000 |
$62,000 | $62,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $267,000 |
$73,000 | $110,000 |
$28,000 | $90,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for PROFESSIONAL MORTGAGE GROUP, I by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
