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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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TRUST AMERICA MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
TRUST AMERICA MORTGAGE, INC. |
| Address | 6309 CORPORATE COURT #100
FORT MYERS, FL 33919 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 437 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $68,073,000 |
| Average Mortgage Loan Amount Applied For | $124,714 |
| Highest Mortgage Loan Amount Applied For | $486,000 |
| Average Applicant Income | $48,000 |
| Highest Applicant Income | $191,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
311 | $51,464,000 |
$148,000 | $460,000 |
$49,500 | $181,000 |
| Refinancing |
126 | $16,609,000 |
$141,000 | $486,000 |
$53,000 | $191,000 |
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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 |
9 | $1,409,000 |
$156,000 | $166,000 |
$43,000 | $64,000 |
| Hispanic |
65 | $13,509,000 |
$207,000 | $355,000 |
$48,000 | $118,000 |
| 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 |
363 | $53,155,000 |
$151,000 | $486,000 |
$53,500 | $191,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
163 | $32,579,000 |
$191,500 | $486,000 |
$54,500 | $191,000 |
| FHA-insured (Federal Housing Administration) |
260 | $33,378,000 |
$129,500 | $220,000 |
$41,500 | $150,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
14 | $2,116,000 |
$156,000 | $240,000 |
$54,500 | $82,000 |
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| Application Approved But Not Accepted |
3 | $786,000 |
$262,000 | $324,000 |
$65,000 | $74,000 |
| Application Denied By Financial Institution |
40 | $7,980,000 |
$173,000 | $331,000 |
$47,000 | $121,000 |
| Application Withdrawn By Applicant |
40 | $7,057,000 |
$157,000 | $355,000 |
$44,500 | $100,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
154 | $28,227,000 |
$183,000 | $460,000 |
$60,000 | $181,000 |
| Loan Purchased By The Institution |
200 | $24,023,000 |
$120,000 | $486,000 |
$48,000 | $191,000 |
| 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 |
3 | $593,000 |
$197,000 | $217,000 |
$60,000 | $121,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
30 | $5,984,000 |
$177,500 | $331,000 |
$52,500 | $96,000 |
| Debt-To-Income Ratio |
2 | $266,000 |
$133,000 | $167,000 |
$37,500 | $38,000 |
| Employment History |
3 | $514,000 |
$171,000 | $176,000 |
$29,000 | $43,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $315,000 |
$315,000 | $315,000 |
$32,000 | $32,000 |
| 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 TRUST AMERICA MORTGAGE, INC. by:
Metropolitan Area And
County
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