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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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RMC VANGUARD MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
RMC VANGUARD MORTGAGE CORP |
| Address | 1111 NORTH LOOP W STE 500
HOUSTON, TX 77008 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,280 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $809,735,000 |
| Average Mortgage Loan Amount Applied For | $190,435 |
| Highest Mortgage Loan Amount Applied For | $2,400,000 |
| Average Applicant Income | $134,364 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
4,016 | $748,834,000 |
$186,000 | $2,400,000 |
$119,000 | $9,999,000 |
| Refinancing |
288 | $66,063,000 |
$229,000 | $1,463,000 |
$113,000 | $1,265,000 |
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| American Indian or Alaskan Native |
6 | $1,955,000 |
$325,000 | $593,000 |
$163,000 | $291,000 |
| Asian |
353 | $67,975,000 |
$192,000 | $921,000 |
$117,000 | $716,000 |
| Black or African American |
89 | $15,129,000 |
$169,000 | $592,000 |
$82,000 | $236,000 |
| Hispanic |
241 | $38,117,000 |
$158,000 | $650,000 |
$95,000 | $493,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $1,743,000 |
$174,000 | $417,000 |
$101,000 | $165,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
686 | $140,578,000 |
$204,000 | $2,400,000 |
$121,000 | $1,495,000 |
| White |
2,919 | $549,400,000 |
$188,000 | $2,400,000 |
$121,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,302 | $814,518,000 |
$189,000 | $2,400,000 |
$119,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $379,000 |
$189,000 | $294,000 |
$106,000 | $181,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
345 | $64,151,000 |
$185,000 | $824,000 |
$107,000 | $672,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3,935 | $745,584,000 |
$189,000 | $2,400,000 |
$120,000 | $9,999,000 |
| 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 |
24 | $5,162,000 |
$215,000 | $650,000 |
$78,000 | $156,000 |
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| Collateral |
2 | $388,000 |
$194,000 | $327,000 |
$175,000 | $175,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $3,251,000 |
$216,000 | $525,000 |
$77,000 | $123,000 |
| Debt-To-Income Ratio |
2 | $523,000 |
$261,000 | $417,000 |
$129,000 | $144,000 |
| Employment History |
2 | $280,000 |
$140,000 | $168,000 |
$69,000 | $104,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
348 | $64,871,000 |
$186,000 | $824,000 |
$106,000 | $672,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for RMC VANGUARD MORTGAGE CORP by:
Metropolitan Area And
County
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