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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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REALTY MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
REALTY MORTGAGE |
| Address | 215 KATHERINE DR
FLOWOOD, MS 38186 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 23,751 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,103,697,000 |
| Average Mortgage Loan Amount Applied For | $153,949 |
| Highest Mortgage Loan Amount Applied For | $3,575,000 |
| Average Applicant Income | $83,588 |
| Highest Applicant Income | $9,840,000 |
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| Home Improvement |
11 | $2,255,000 |
$205,000 | $482,000 |
$81,000 | $130,000 |
| Home Purchase |
16,217 | $2,962,295,000 |
$182,000 | $2,700,000 |
$97,000 | $4,410,000 |
| Refinancing |
8,703 | $2,348,070,000 |
$269,000 | $3,575,000 |
$110,000 | $9,840,000 |
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| American Indian or Alaskan Native |
88 | $19,356,000 |
$219,000 | $1,000,000 |
$110,000 | $876,000 |
| Asian |
1,804 | $519,345,000 |
$287,000 | $3,000,000 |
$140,000 | $1,128,000 |
| Black or African American |
2,333 | $422,257,000 |
$180,000 | $2,310,000 |
$81,000 | $1,337,000 |
| Hispanic |
7,317 | $1,642,974,000 |
$224,000 | $1,807,000 |
$95,000 | $4,410,000 |
| Native Hawaiin or Other Pacific Islander |
258 | $64,313,000 |
$249,000 | $888,000 |
$113,000 | $720,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,510 | $288,058,000 |
$190,000 | $2,700,000 |
$93,000 | $1,045,000 |
| White |
11,621 | $2,356,317,000 |
$202,000 | $3,575,000 |
$105,000 | $9,840,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
21,807 | $4,905,047,000 |
$224,000 | $3,575,000 |
$109,000 | $9,840,000 |
| FHA-insured (Federal Housing Administration) |
2,215 | $272,403,000 |
$122,000 | $360,000 |
$49,000 | $594,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
909 | $135,170,000 |
$148,000 | $417,000 |
$56,000 | $363,000 |
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| Application Approved But Not Accepted |
2,137 | $490,616,000 |
$229,000 | $3,000,000 |
$103,000 | $1,800,000 |
| Application Denied By Financial Institution |
1,993 | $518,859,000 |
$260,000 | $3,575,000 |
$133,000 | $2,400,000 |
| Application Withdrawn By Applicant |
4,451 | $1,113,507,000 |
$250,000 | $2,310,000 |
$111,000 | $1,157,000 |
| File Closed For Incompleteness |
609 | $146,904,000 |
$241,000 | $2,850,000 |
$114,000 | $1,263,000 |
| Loan Originated |
15,697 | $3,038,116,000 |
$193,000 | $3,000,000 |
$95,000 | $9,840,000 |
| Loan Purchased By The Institution |
1 | $63,000 |
$63,000 | $63,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
23 | $2,491,000 |
$108,000 | $385,000 |
$54,000 | $120,000 |
| Preapproval Denied by Financial Institution |
20 | $2,064,000 |
$103,000 | $162,000 |
$49,000 | $99,000 |
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| Collateral |
248 | $67,030,000 |
$270,000 | $1,950,000 |
$142,000 | $696,000 |
| Credit Application Incomplete |
17 | $3,573,000 |
$210,000 | $440,000 |
$84,000 | $184,000 |
| Credit History |
773 | $197,872,000 |
$255,000 | $3,575,000 |
$119,000 | $1,981,000 |
| Debt-To-Income Ratio |
279 | $71,607,000 |
$256,000 | $1,540,000 |
$132,000 | $1,104,000 |
| Employment History |
149 | $36,662,000 |
$246,000 | $1,590,000 |
$140,000 | $468,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
26 | $5,750,000 |
$221,000 | $728,000 |
$116,000 | $696,000 |
| Mortgage Insurance Denied |
3 | $1,121,000 |
$373,000 | $644,000 |
$132,000 | $175,000 |
| Other |
216 | $58,844,000 |
$272,000 | $2,030,000 |
$149,000 | $1,045,000 |
| Unverifiable Information |
227 | $64,530,000 |
$284,000 | $1,330,000 |
$162,000 | $2,400,000 |
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Mortgage Loan App Totals for REALTY MORTGAGE by:
Metropolitan Area And
County
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