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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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RIGHT MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
RIGHT MORTGAGE COMPANY |
| Address | 106 B WEST HILL DRIVE
LEBANON, TN 37087 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 48 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $140,012,000 |
| Average Mortgage Loan Amount Applied For | $4,601,000 |
| Highest Mortgage Loan Amount Applied For | $80,000,000 |
| Average Applicant Income | $46,166 |
| Highest Applicant Income | $242,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
40 | $139,005,000 |
$3,475,000 | $80,000,000 |
$43,000 | $120,000 |
| Refinancing |
8 | $1,007,000 |
$125,000 | $173,000 |
$78,000 | $242,000 |
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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 |
5 | $638,000 |
$127,000 | $171,000 |
$44,000 | $62,000 |
| Hispanic |
2 | $192,000 |
$96,000 | $105,000 |
$46,000 | $52,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $128,000 |
$128,000 | $128,000 |
$32,000 | $32,000 |
| White |
40 | $139,054,000 |
$3,476,000 | $80,000,000 |
$50,000 | $242,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
9 | $908,000 |
$100,000 | $144,000 |
$62,000 | $242,000 |
| FHA-insured (Federal Housing Administration) |
36 | $138,593,000 |
$3,849,000 | $80,000,000 |
$45,000 | $120,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $511,000 |
$170,000 | $212,000 |
$52,000 | $58,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $204,000 |
$102,000 | $107,000 |
$32,000 | $35,000 |
| Application Withdrawn By Applicant |
2 | $194,000 |
$97,000 | $100,000 |
$36,000 | $37,000 |
| File Closed For Incompleteness |
1 | $105,000 |
$105,000 | $105,000 |
$40,000 | $40,000 |
| Loan Originated |
43 | $139,509,000 |
$3,244,000 | $80,000,000 |
$50,000 | $242,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $107,000 |
$107,000 | $107,000 |
$29,000 | $29,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for RIGHT MORTGAGE COMPANY by:
Metropolitan Area And
County
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