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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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TRUSTCORP MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
TRUSTCORP MORTGAGE COMPANY |
| Address | 100 NORTH MICHIGAN ST., SUITE 800
SOUTH BEND, IN 46601 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 7,282 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $873,044,000 |
| Average Mortgage Loan Amount Applied For | $127,186 |
| Highest Mortgage Loan Amount Applied For | $720,000 |
| Average Applicant Income | $47,314 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
5 | $647,000 |
$129,000 | $184,000 |
$43,000 | $100,000 |
| Home Purchase |
5,283 | $628,989,000 |
$119,000 | $720,000 |
$43,000 | $840,000 |
| Refinancing |
1,994 | $243,408,000 |
$122,000 | $560,000 |
$50,000 | $1,200,000 |
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| American Indian or Alaskan Native |
9 | $664,000 |
$73,000 | $106,000 |
$24,000 | $33,000 |
| Asian |
46 | $7,073,000 |
$153,000 | $293,000 |
$69,000 | $222,000 |
| Black or African American |
464 | $49,383,000 |
$106,000 | $417,000 |
$46,000 | $233,000 |
| Hispanic |
158 | $17,746,000 |
$112,000 | $379,000 |
$48,000 | $420,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $807,000 |
$115,000 | $159,000 |
$61,000 | $75,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,221 | $260,601,000 |
$117,000 | $720,000 |
$20,000 | $600,000 |
| White |
4,377 | $536,770,000 |
$122,000 | $687,000 |
$57,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,765 | $592,238,000 |
$124,000 | $720,000 |
$49,000 | $1,200,000 |
| FHA-insured (Federal Housing Administration) |
2,253 | $243,728,000 |
$108,000 | $295,000 |
$36,000 | $260,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
264 | $37,078,000 |
$140,000 | $410,000 |
$39,000 | $180,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
12 | $1,774,000 |
$147,000 | $720,000 |
$44,000 | $95,000 |
| Application Withdrawn By Applicant |
26 | $3,293,000 |
$126,000 | $315,000 |
$49,000 | $232,000 |
| File Closed For Incompleteness |
2,384 | $280,689,000 |
$117,000 | $687,000 |
$26,000 | $1,200,000 |
| Loan Originated |
4,860 | $587,288,000 |
$120,000 | $560,000 |
$54,000 | $840,000 |
| 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 |
1 | $55,000 |
$55,000 | $55,000 |
$26,000 | $26,000 |
| Debt-To-Income Ratio |
2 | $317,000 |
$158,000 | $162,000 |
$79,000 | $93,000 |
| 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 | $254,000 |
$84,000 | $98,000 |
$28,000 | $65,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for TRUSTCORP MORTGAGE COMPANY by:
Metropolitan Area And
County
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