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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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SERVICE 1ST MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
SERVICE 1ST MORTGAGE, INC. |
| Address | 1415 MADISON PARK DRIVE
GLEN BURNIE, MD 21061 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 209 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $44,771,000 |
| Average Mortgage Loan Amount Applied For | $219,547 |
| Highest Mortgage Loan Amount Applied For | $785,000 |
| Average Applicant Income | $57,059 |
| Highest Applicant Income | $345,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
10 | $1,909,000 |
$190,000 | $351,000 |
$57,000 | $121,000 |
| Refinancing |
202 | $43,582,000 |
$215,000 | $785,000 |
$54,000 | $345,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
9 | $2,736,000 |
$304,000 | $784,000 |
$128,000 | $336,000 |
| Black or African American |
85 | $15,185,000 |
$178,000 | $730,000 |
$29,000 | $119,000 |
| Hispanic |
20 | $4,987,000 |
$249,000 | $608,000 |
$74,000 | $162,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $550,000 |
$275,000 | $450,000 |
$155,000 | $310,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $510,000 |
$170,000 | $233,000 |
$70,000 | $211,000 |
| White |
93 | $21,523,000 |
$231,000 | $785,000 |
$62,000 | $345,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
105 | $27,321,000 |
$260,000 | $785,000 |
$99,000 | $345,000 |
| FHA-insured (Federal Housing Administration) |
36 | $5,083,000 |
$141,000 | $292,000 |
$21,000 | $121,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $208,000 |
$208,000 | $208,000 |
$49,000 | $49,000 |
| VA-guaranteed (Veterans Administration) |
70 | $12,879,000 |
$183,000 | $410,000 |
$4,000 | $94,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
90 | $18,896,000 |
$209,000 | $785,000 |
$52,000 | $345,000 |
| Application Withdrawn By Applicant |
122 | $26,595,000 |
$217,000 | $784,000 |
$55,000 | $336,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
21 | $3,750,000 |
$178,000 | $314,000 |
$18,000 | $96,000 |
| Debt-To-Income Ratio |
9 | $2,055,000 |
$228,000 | $491,000 |
$75,000 | $127,000 |
| Employment History |
2 | $959,000 |
$479,000 | $608,000 |
$128,000 | $162,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
4 | $673,000 |
$168,000 | $306,000 |
$29,000 | $118,000 |
| Other |
44 | $8,278,000 |
$188,000 | $450,000 |
$41,000 | $310,000 |
| Unverifiable Information |
7 | $2,661,000 |
$380,000 | $785,000 |
$195,000 | $345,000 |
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Mortgage Loan App Totals for SERVICE 1ST MORTGAGE, INC. by:
Metropolitan Area And
County
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