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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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THE AMERICAN EAGLE MORTGAGE CO
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE AMERICAN EAGLE MORTGAGE CO |
| Address | 6145 PARK SQUARE DR
LORAIN, OH 44053 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 407 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $49,088,000 |
| Average Mortgage Loan Amount Applied For | $149,458 |
| Highest Mortgage Loan Amount Applied For | $642,000 |
| Average Applicant Income | $59,541 |
| Highest Applicant Income | $312,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
364 | $42,623,000 |
$117,000 | $529,000 |
$48,000 | $246,000 |
| Refinancing |
79 | $11,031,000 |
$139,000 | $642,000 |
$58,000 | $312,000 |
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| American Indian or Alaskan Native |
3 | $299,000 |
$99,000 | $124,000 |
$26,000 | $29,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
52 | $5,156,000 |
$99,000 | $221,000 |
$43,000 | $150,000 |
| Hispanic |
47 | $4,232,000 |
$90,000 | $158,000 |
$43,000 | $103,000 |
| 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 |
341 | $43,967,000 |
$128,000 | $642,000 |
$52,000 | $312,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
174 | $23,351,000 |
$134,000 | $642,000 |
$56,000 | $312,000 |
| FHA-insured (Federal Housing Administration) |
251 | $27,874,000 |
$111,000 | $227,000 |
$45,000 | $197,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
18 | $2,429,000 |
$134,000 | $253,000 |
$57,000 | $98,000 |
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| Application Approved But Not Accepted |
21 | $2,549,000 |
$121,000 | $350,000 |
$41,000 | $121,000 |
| Application Denied By Financial Institution |
18 | $1,693,000 |
$94,000 | $138,000 |
$37,000 | $69,000 |
| Application Withdrawn By Applicant |
69 | $8,199,000 |
$118,000 | $529,000 |
$46,000 | $246,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
335 | $41,213,000 |
$123,000 | $642,000 |
$52,000 | $312,000 |
| 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 | $181,000 |
$90,000 | $94,000 |
$29,000 | $32,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $583,000 |
$83,000 | $117,000 |
$41,000 | $64,000 |
| Debt-To-Income Ratio |
6 | $569,000 |
$94,000 | $134,000 |
$35,000 | $63,000 |
| 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 |
3 | $360,000 |
$120,000 | $138,000 |
$37,000 | $69,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE AMERICAN EAGLE MORTGAGE CO by:
Metropolitan Area And
County
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