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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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SOUTHEASTERN MORTGAGE OF ALABA
Mortgage Loans and Application Details
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| Mortgage Company Name |
SOUTHEASTERN MORTGAGE OF ALABA |
| Address | 300 OFFICE PARK DR., STE. 120
BIRMINGHAM, AL 35223 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 272 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $46,066,000 |
| Average Mortgage Loan Amount Applied For | $236,000 |
| Highest Mortgage Loan Amount Applied For | $719,000 |
| Average Applicant Income | $106,000 |
| Highest Applicant Income | $444,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
236 | $39,674,000 |
$168,000 | $719,000 |
$78,000 | $411,000 |
| Refinancing |
36 | $6,392,000 |
$177,000 | $670,000 |
$117,000 | $444,000 |
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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 |
19 | $3,046,000 |
$160,000 | $288,000 |
$70,000 | $117,000 |
| Hispanic |
5 | $650,000 |
$130,000 | $298,000 |
$61,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $2,834,000 |
$141,000 | $320,000 |
$62,000 | $153,000 |
| White |
228 | $39,536,000 |
$173,000 | $719,000 |
$86,000 | $444,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
259 | $44,239,000 |
$170,000 | $719,000 |
$84,000 | $444,000 |
| FHA-insured (Federal Housing Administration) |
6 | $760,000 |
$126,000 | $138,000 |
$44,000 | $63,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
7 | $1,067,000 |
$152,000 | $203,000 |
$67,000 | $112,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $417,000 |
$139,000 | $146,000 |
$142,000 | $183,000 |
| Application Withdrawn By Applicant |
87 | $15,480,000 |
$177,000 | $719,000 |
$83,000 | $361,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
182 | $30,169,000 |
$165,000 | $706,000 |
$82,000 | $444,000 |
| 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 |
3 | $417,000 |
$139,000 | $146,000 |
$142,000 | $183,000 |
| 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 SOUTHEASTERN MORTGAGE OF ALABA by:
Metropolitan Area And
County
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