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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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SOUTH CENTRAL ILLINOIS MTG
Mortgage Loans and Application Details
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| Mortgage Company Name |
SOUTH CENTRAL ILLINOIS MTG |
| Address | 975 SOUTH DURKIN DRIVE, SUITE 101
SPRINGFIELD, IL 62704 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 400 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $42,053,000 |
| Average Mortgage Loan Amount Applied For | $111,806 |
| Highest Mortgage Loan Amount Applied For | $505,000 |
| Average Applicant Income | $63,064 |
| Highest Applicant Income | $403,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
251 | $25,052,000 |
$99,000 | $417,000 |
$55,000 | $287,000 |
| Refinancing |
150 | $17,034,000 |
$113,000 | $505,000 |
$74,000 | $403,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $135,000 |
$135,000 | $135,000 |
$39,000 | $39,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
399 | $41,918,000 |
$105,000 | $505,000 |
$62,000 | $403,000 |
| White |
1 | $33,000 |
$33,000 | $33,000 |
$47,000 | $47,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
362 | $39,081,000 |
$107,000 | $505,000 |
$65,000 | $403,000 |
| FHA-insured (Federal Housing Administration) |
1 | $75,000 |
$75,000 | $75,000 |
$56,000 | $56,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
37 | $2,802,000 |
$75,000 | $143,000 |
$40,000 | $59,000 |
| VA-guaranteed (Veterans Administration) |
1 | $128,000 |
$128,000 | $128,000 |
$39,000 | $39,000 |
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| Application Approved But Not Accepted |
32 | $3,489,000 |
$109,000 | $238,000 |
$55,000 | $125,000 |
| Application Denied By Financial Institution |
48 | $3,821,000 |
$79,000 | $206,000 |
$41,000 | $110,000 |
| Application Withdrawn By Applicant |
65 | $7,922,000 |
$121,000 | $505,000 |
$72,000 | $403,000 |
| File Closed For Incompleteness |
35 | $4,504,000 |
$128,000 | $417,000 |
$58,000 | $118,000 |
| Loan Originated |
221 | $22,350,000 |
$101,000 | $416,000 |
$66,000 | $252,000 |
| 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 | $170,000 |
$85,000 | $100,000 |
$52,000 | $54,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
32 | $2,368,000 |
$74,000 | $206,000 |
$37,000 | $110,000 |
| Debt-To-Income Ratio |
7 | $658,000 |
$94,000 | $205,000 |
$46,000 | $74,000 |
| Employment History |
1 | $78,000 |
$78,000 | $78,000 |
$34,000 | $34,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $145,000 |
$72,000 | $77,000 |
$40,000 | $54,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $337,000 |
$112,000 | $128,000 |
$58,000 | $70,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SOUTH CENTRAL ILLINOIS MTG by:
Metropolitan Area And
County
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