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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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ROCKY MOUNTAIN MORTGAGE COMPAN
Mortgage Loans and Application Details
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| Mortgage Company Name |
ROCKY MOUNTAIN MORTGAGE COMPAN |
| Address | 2244 TRAWOOD, SUITE 100
EL PASO, TX 79935 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,938 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $333,145,000 |
| Average Mortgage Loan Amount Applied For | $305,700 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $42,900 |
| Highest Applicant Income | $506,000 |
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| Home Improvement |
1 | $196,000 |
$196,000 | $196,000 |
$90,000 | $90,000 |
| Home Purchase |
2,851 | $324,176,000 |
$113,000 | $1,040,000 |
$49,000 | $506,000 |
| Refinancing |
86 | $8,773,000 |
$102,000 | $1,500,000 |
$37,000 | $216,000 |
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| American Indian or Alaskan Native |
1 | $165,000 |
$165,000 | $165,000 |
$83,000 | $83,000 |
| Asian |
52 | $6,488,000 |
$124,000 | $306,000 |
$66,000 | $246,000 |
| Black or African American |
141 | $18,408,000 |
$130,000 | $317,000 |
$57,000 | $161,000 |
| Hispanic |
2,310 | $250,686,000 |
$108,000 | $472,000 |
$45,000 | $500,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $1,914,000 |
$147,000 | $292,000 |
$72,000 | $152,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $3,187,000 |
$159,000 | $348,000 |
$85,000 | $300,000 |
| White |
401 | $52,297,000 |
$130,000 | $1,500,000 |
$63,000 | $506,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,035 | $233,674,000 |
$114,000 | $1,500,000 |
$50,000 | $506,000 |
| FHA-insured (Federal Housing Administration) |
608 | $59,221,000 |
$97,000 | $190,000 |
$39,000 | $130,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $101,000 |
$101,000 | $101,000 |
$40,000 | $40,000 |
| VA-guaranteed (Veterans Administration) |
294 | $40,149,000 |
$136,000 | $342,000 |
$57,000 | $161,000 |
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| Application Approved But Not Accepted |
6 | $679,000 |
$113,000 | $235,000 |
$51,000 | $84,000 |
| Application Denied By Financial Institution |
879 | $93,193,000 |
$106,000 | $320,000 |
$38,000 | $288,000 |
| Application Withdrawn By Applicant |
852 | $98,231,000 |
$115,000 | $1,040,000 |
$50,000 | $500,000 |
| File Closed For Incompleteness |
23 | $2,558,000 |
$111,000 | $220,000 |
$52,000 | $120,000 |
| Loan Originated |
1,178 | $138,484,000 |
$117,000 | $1,500,000 |
$55,000 | $506,000 |
| 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 |
4 | $441,000 |
$110,000 | $170,000 |
$49,000 | $62,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $626,000 |
$125,000 | $295,000 |
$41,000 | $103,000 |
| Unverifiable Information |
1 | $89,000 |
$89,000 | $89,000 |
$67,000 | $67,000 |
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Mortgage Loan App Totals for ROCKY MOUNTAIN MORTGAGE COMPAN by:
Metropolitan Area And
County
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