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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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SFMC, LP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
SFMC, LP. |
| Address | 2105 WATERVIEW PARKWAY, SUITE 102
RICHARDSON, TX 75080 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,069 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $240,074,000 |
| Average Mortgage Loan Amount Applied For | $105,322 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $56,548 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,069 | $240,074,000 |
$116,000 | $900,000 |
$63,000 | $1,000,000 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| American Indian or Alaskan Native |
8 | $802,000 |
$100,000 | $137,000 |
$50,000 | $62,000 |
| Asian |
24 | $3,113,000 |
$129,000 | $272,000 |
$75,000 | $138,000 |
| Black or African American |
306 | $35,824,000 |
$117,000 | $400,000 |
$51,000 | $420,000 |
| Hispanic |
368 | $37,511,000 |
$101,000 | $523,000 |
$50,000 | $1,000,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $471,000 |
$157,000 | $314,000 |
$158,000 | $210,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
61 | $7,945,000 |
$130,000 | $900,000 |
$57,000 | $205,000 |
| White |
1,299 | $154,408,000 |
$118,000 | $840,000 |
$69,000 | $475,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
821 | $98,116,000 |
$119,000 | $900,000 |
$82,000 | $1,000,000 |
| FHA-insured (Federal Housing Administration) |
1,141 | $125,741,000 |
$110,000 | $274,000 |
$50,000 | $240,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $207,000 |
$103,000 | $111,000 |
$39,000 | $41,000 |
| VA-guaranteed (Veterans Administration) |
105 | $16,010,000 |
$152,000 | $333,000 |
$62,000 | $134,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
79 | $9,617,000 |
$121,000 | $361,000 |
$56,000 | $131,000 |
| Application Withdrawn By Applicant |
324 | $36,945,000 |
$114,000 | $900,000 |
$57,000 | $300,000 |
| File Closed For Incompleteness |
52 | $6,385,000 |
$122,000 | $502,000 |
$43,000 | $140,000 |
| Loan Originated |
1,614 | $187,127,000 |
$115,000 | $628,000 |
$65,000 | $1,000,000 |
| 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 |
2 | $588,000 |
$294,000 | $360,000 |
$30,000 | $30,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $431,000 |
$107,000 | $138,000 |
$49,000 | $69,000 |
| Debt-To-Income Ratio |
6 | $735,000 |
$122,000 | $198,000 |
$47,000 | $87,000 |
| 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 |
6 | $699,000 |
$116,000 | $171,000 |
$59,000 | $95,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SFMC, LP. by:
Metropolitan Area And
County
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