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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 MORTGAGE UNDERWRITERS
Mortgage Loans and Application Details
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| Mortgage Company Name |
SERVICE MORTGAGE UNDERWRITERS |
| Address | 260 PALERMO AVE
CORAL GABLES, FL 33134 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 916 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $118,975,000 |
| Average Mortgage Loan Amount Applied For | $152,416 |
| Highest Mortgage Loan Amount Applied For | $599,000 |
| Average Applicant Income | $127,666 |
| Highest Applicant Income | $833,000 |
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| Home Improvement |
6 | $1,638,000 |
$273,000 | $400,000 |
$85,000 | $180,000 |
| Home Purchase |
889 | $112,415,000 |
$126,000 | $496,000 |
$84,000 | $833,000 |
| Refinancing |
21 | $4,922,000 |
$234,000 | $599,000 |
$93,000 | $300,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
13 | $1,645,000 |
$126,000 | $272,000 |
$87,000 | $150,000 |
| Black or African American |
159 | $23,523,000 |
$147,000 | $327,000 |
$47,000 | $150,000 |
| Hispanic |
467 | $62,464,000 |
$133,000 | $599,000 |
$84,000 | $720,000 |
| Native Hawaiin or Other Pacific Islander |
15 | $1,732,000 |
$115,000 | $294,000 |
$97,000 | $202,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
50 | $5,996,000 |
$119,000 | $500,000 |
$77,000 | $248,000 |
| White |
212 | $23,615,000 |
$111,000 | $400,000 |
$111,000 | $833,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
725 | $84,409,000 |
$116,000 | $599,000 |
$91,000 | $720,000 |
| FHA-insured (Federal Housing Administration) |
189 | $34,067,000 |
$180,000 | $372,000 |
$56,000 | $833,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $499,000 |
$249,000 | $283,000 |
$52,000 | $63,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
103 | $11,899,000 |
$115,000 | $304,000 |
$67,000 | $500,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
813 | $107,076,000 |
$131,000 | $599,000 |
$86,000 | $833,000 |
| 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) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 SERVICE MORTGAGE UNDERWRITERS by:
Metropolitan Area And
County
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