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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 MORTGAGE FIRM, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE MORTGAGE FIRM, INC. |
| Address | 1801 LEE ROAD STE #305
WINTER PARK, FL 32789 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 200 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $28,102,000 |
| Average Mortgage Loan Amount Applied For | $115,307 |
| Highest Mortgage Loan Amount Applied For | $437,000 |
| Average Applicant Income | $76,384 |
| Highest Applicant Income | $345,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
200 | $28,102,000 |
$140,000 | $437,000 |
$58,000 | $345,000 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| American Indian or Alaskan Native |
1 | $139,000 |
$139,000 | $139,000 |
$31,000 | $31,000 |
| Asian |
5 | $919,000 |
$183,000 | $351,000 |
$80,000 | $180,000 |
| Black or African American |
19 | $2,254,000 |
$118,000 | $197,000 |
$45,000 | $79,000 |
| Hispanic |
40 | $4,826,000 |
$120,000 | $245,000 |
$50,000 | $184,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $222,000 |
$111,000 | $115,000 |
$97,000 | $162,000 |
| Not Provided |
27 | $3,912,000 |
$144,000 | $254,000 |
$55,000 | $149,000 |
| White |
106 | $15,830,000 |
$149,000 | $437,000 |
$67,000 | $345,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
136 | $20,785,000 |
$152,000 | $437,000 |
$69,000 | $345,000 |
| FHA-insured (Federal Housing Administration) |
59 | $6,628,000 |
$112,000 | $190,000 |
$43,000 | $87,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
5 | $689,000 |
$137,000 | $156,000 |
$45,000 | $66,000 |
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| Application Approved But Not Accepted |
1 | $197,000 |
$197,000 | $197,000 |
$50,000 | $50,000 |
| Application Denied By Financial Institution |
23 | $2,764,000 |
$120,000 | $167,000 |
$47,000 | $106,000 |
| Application Withdrawn By Applicant |
176 | $25,141,000 |
$142,000 | $437,000 |
$63,000 | $345,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
7 | $900,000 |
$128,000 | $159,000 |
$58,000 | $106,000 |
| Debt-To-Income Ratio |
2 | $266,000 |
$133,000 | $146,000 |
$33,000 | $43,000 |
| Employment History |
1 | $104,000 |
$104,000 | $104,000 |
$31,000 | $31,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $694,000 |
$115,000 | $144,000 |
$50,000 | $87,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $800,000 |
$114,000 | $167,000 |
$44,000 | $82,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE MORTGAGE FIRM, INC. by:
Metropolitan Area And
County
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