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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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REPUBLIC MORTGAGE HOME LOANS
Mortgage Loans and Application Details
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| Mortgage Company Name |
REPUBLIC MORTGAGE HOME LOANS |
| Address | 4516 SOUTH 700 EAST, SUITE 300
SALT LAKE CITY, UT 84107 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 7,672 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,180,835,000 |
| Average Mortgage Loan Amount Applied For | $172,488 |
| Highest Mortgage Loan Amount Applied For | $4,750,000 |
| Average Applicant Income | $90,497 |
| Highest Applicant Income | $5,640,000 |
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| Home Improvement |
12 | $574,000 |
$47,000 | $100,000 |
$81,000 | $126,000 |
| Home Purchase |
5,179 | $727,641,000 |
$140,000 | $3,000,000 |
$84,000 | $2,728,000 |
| Refinancing |
2,486 | $453,799,000 |
$182,000 | $4,750,000 |
$90,000 | $5,640,000 |
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| American Indian or Alaskan Native |
24 | $3,665,000 |
$152,000 | $863,000 |
$124,000 | $547,000 |
| Asian |
142 | $26,344,000 |
$185,000 | $1,470,000 |
$111,000 | $667,000 |
| Black or African American |
151 | $24,867,000 |
$164,000 | $3,000,000 |
$114,000 | $1,560,000 |
| Hispanic |
848 | $112,658,000 |
$132,000 | $1,235,000 |
$63,000 | $2,728,000 |
| Native Hawaiin or Other Pacific Islander |
45 | $8,923,000 |
$198,000 | $2,979,000 |
$75,000 | $793,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
23 | $4,319,000 |
$187,000 | $1,414,000 |
$92,000 | $1,200,000 |
| White |
6,444 | $1,001,238,000 |
$155,000 | $4,750,000 |
$87,000 | $5,640,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,123 | $955,056,000 |
$155,000 | $4,750,000 |
$95,000 | $5,640,000 |
| FHA-insured (Federal Housing Administration) |
1,236 | $169,869,000 |
$137,000 | $273,000 |
$47,000 | $582,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
5 | $643,000 |
$128,000 | $191,000 |
$45,000 | $74,000 |
| VA-guaranteed (Veterans Administration) |
313 | $56,446,000 |
$180,000 | $403,000 |
$64,000 | $2,728,000 |
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| Application Approved But Not Accepted |
44 | $4,317,000 |
$98,000 | $273,000 |
$57,000 | $116,000 |
| Application Denied By Financial Institution |
1,643 | $294,567,000 |
$179,000 | $4,750,000 |
$105,000 | $1,824,000 |
| Application Withdrawn By Applicant |
375 | $54,671,000 |
$145,000 | $1,195,000 |
$68,000 | $360,000 |
| File Closed For Incompleteness |
187 | $28,020,000 |
$149,000 | $1,500,000 |
$110,000 | $667,000 |
| Loan Originated |
5,428 | $800,439,000 |
$147,000 | $1,470,000 |
$81,000 | $5,640,000 |
| 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 |
34 | $5,951,000 |
$175,000 | $1,121,000 |
$63,000 | $178,000 |
| Credit Application Incomplete |
1,364 | $250,496,000 |
$183,000 | $4,750,000 |
$106,000 | $1,824,000 |
| Credit History |
120 | $18,611,000 |
$155,000 | $2,000,000 |
$112,000 | $480,000 |
| Debt-To-Income Ratio |
36 | $5,560,000 |
$154,000 | $692,000 |
$87,000 | $240,000 |
| Employment History |
9 | $917,000 |
$101,000 | $273,000 |
$43,000 | $68,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
80 | $13,032,000 |
$162,000 | $1,500,000 |
$93,000 | $534,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for REPUBLIC MORTGAGE HOME LOANS by:
Metropolitan Area And
County
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