|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SERVICE FIRST MORTGAGE, L.C.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SERVICE FIRST MORTGAGE, L.C. |
| Address | 4171 W. HILLSBORO BLVD. STE 10
COCONUT CREEK, FL 33073 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 1,229 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $171,447,000 |
| Average Mortgage Loan Amount Applied For | $122,036 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $56,746 |
| Highest Applicant Income | $684,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
601 | $79,702,000 |
$123,700 | $567,000 |
$55,150 | $408,000 |
| Refinancing |
637 | $92,870,000 |
$122,941 | $2,000,000 |
$59,058 | $684,000 |
|
|
| American Indian or Alaskan Native |
10 | $1,520,000 |
$122,750 | $442,000 |
$47,500 | $276,000 |
| Asian |
13 | $2,652,000 |
$187,142 | $557,000 |
$87,714 | $202,000 |
| Black or African American |
438 | $59,531,000 |
$125,533 | $560,000 |
$51,133 | $196,000 |
| Hispanic |
142 | $19,252,000 |
$127,272 | $360,000 |
$52,818 | $177,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $545,000 |
$160,000 | $300,000 |
$57,500 | $69,000 |
| Not applicable |
2 | $330,000 |
$165,000 | $168,000 |
$53,000 | $73,000 |
| Not Provided |
30 | $4,249,000 |
$116,666 | $387,000 |
$53,250 | $192,000 |
| White |
600 | $84,493,000 |
$132,333 | $2,000,000 |
$61,722 | $684,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,238 | $172,572,000 |
$125,750 | $2,000,000 |
$58,750 | $684,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
314 | $41,858,000 |
$125,312 | $567,000 |
$61,187 | $300,000 |
| Application Denied By Financial Institution |
221 | $29,852,000 |
$122,764 | $500,000 |
$56,588 | $441,000 |
| Application Withdrawn By Applicant |
234 | $34,681,000 |
$125,333 | $2,000,000 |
$58,400 | $684,000 |
| File Closed For Incompleteness |
9 | $1,158,000 |
$136,000 | $200,000 |
$27,750 | $56,000 |
| Loan Originated |
460 | $65,023,000 |
$135,611 | $500,000 |
$56,166 | $684,000 |
| 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 |
|
|
| Collateral |
25 | $3,796,000 |
$127,375 | $385,000 |
$76,375 | $441,000 |
| Credit Application Incomplete |
1 | $80,000 |
$80,000 | $80,000 |
$40,000 | $40,000 |
| Credit History |
14 | $1,927,000 |
$121,142 | $360,000 |
$50,857 | $107,000 |
| Debt-To-Income Ratio |
15 | $1,917,000 |
$141,714 | $275,000 |
$33,285 | $54,000 |
| Employment History |
4 | $509,000 |
$136,333 | $160,000 |
$58,000 | $87,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $658,000 |
$106,000 | $202,000 |
$53,750 | $83,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
156 | $20,965,000 |
$126,125 | $500,000 |
$57,125 | $200,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for SERVICE FIRST MORTGAGE, L.C. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
