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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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SPRINGS MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SPRINGS MORTGAGE CORPORATION |
| Address | 310 N. WHITE STREET
FORT MILL, SC 29715 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 46 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,002,000 |
| Average Mortgage Loan Amount Applied For | $142,500 |
| Highest Mortgage Loan Amount Applied For | $300,000 |
| Average Applicant Income | $79,250 |
| Highest Applicant Income | $279,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
14 | $1,821,000 |
$130,000 | $194,000 |
$70,000 | $187,000 |
| Refinancing |
32 | $4,181,000 |
$130,000 | $300,000 |
$81,000 | $279,000 |
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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 |
2 | $338,000 |
$169,000 | $215,000 |
$88,000 | $102,000 |
| Hispanic |
1 | $208,000 |
$208,000 | $208,000 |
$87,000 | $87,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
43 | $5,456,000 |
$126,000 | $300,000 |
$77,000 | $279,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
46 | $6,002,000 |
$130,000 | $300,000 |
$78,000 | $279,000 |
| 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 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $261,000 |
$130,000 | $134,000 |
$80,000 | $94,000 |
| Application Withdrawn By Applicant |
4 | $515,000 |
$128,000 | $162,000 |
$51,000 | $112,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
40 | $5,226,000 |
$130,000 | $300,000 |
$81,000 | $279,000 |
| 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 |
2 | $261,000 |
$130,000 | $134,000 |
$80,000 | $94,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SPRINGS MORTGAGE CORPORATION by:
Metropolitan Area And
County
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