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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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UNIVERSAL AMERICAN MTG. CO.LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNIVERSAL AMERICAN MTG. CO.LLC |
| Address | 700 NW 107TH AVENUE, 3RD FL
MIAMI, FL 33172 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 20,171 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,892,325,000 |
| Average Mortgage Loan Amount Applied For | $219,823 |
| Highest Mortgage Loan Amount Applied For | $1,080,000 |
| Average Applicant Income | $100,676 |
| Highest Applicant Income | $5,400,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
19,973 | $3,851,630,000 |
$192,000 | $1,080,000 |
$87,000 | $5,400,000 |
| Refinancing |
198 | $40,695,000 |
$205,000 | $780,000 |
$99,000 | $420,000 |
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| American Indian or Alaskan Native |
55 | $10,707,000 |
$194,000 | $609,000 |
$75,000 | $250,000 |
| Asian |
1,231 | $252,253,000 |
$204,000 | $735,000 |
$92,000 | $643,000 |
| Black or African American |
1,909 | $364,092,000 |
$190,000 | $646,000 |
$72,000 | $1,200,000 |
| Hispanic |
3,351 | $588,198,000 |
$175,000 | $1,080,000 |
$65,000 | $481,000 |
| Native Hawaiin or Other Pacific Islander |
117 | $23,147,000 |
$197,000 | $587,000 |
$77,000 | $575,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3,896 | $794,097,000 |
$203,000 | $1,030,000 |
$84,000 | $1,344,000 |
| White |
9,612 | $1,859,831,000 |
$193,000 | $948,000 |
$98,000 | $5,400,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
15,179 | $3,021,785,000 |
$199,000 | $1,080,000 |
$94,000 | $5,400,000 |
| FHA-insured (Federal Housing Administration) |
4,247 | $696,336,000 |
$163,000 | $511,000 |
$63,000 | $1,200,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
745 | $174,204,000 |
$233,000 | $567,000 |
$74,000 | $224,000 |
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| Application Approved But Not Accepted |
560 | $112,277,000 |
$200,000 | $920,000 |
$84,000 | $600,000 |
| Application Denied By Financial Institution |
3,206 | $642,299,000 |
$200,000 | $1,000,000 |
$78,000 | $3,310,000 |
| Application Withdrawn By Applicant |
4,874 | $895,261,000 |
$183,000 | $1,080,000 |
$76,000 | $1,344,000 |
| File Closed For Incompleteness |
377 | $68,974,000 |
$182,000 | $618,000 |
$72,000 | $1,200,000 |
| Loan Originated |
11,154 | $2,173,514,000 |
$194,000 | $832,000 |
$94,000 | $5,400,000 |
| 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 |
14 | $2,617,000 |
$186,000 | $380,000 |
$66,000 | $126,000 |
| Credit Application Incomplete |
173 | $33,739,000 |
$195,000 | $617,000 |
$84,000 | $364,000 |
| Credit History |
743 | $141,621,000 |
$190,000 | $676,000 |
$66,000 | $661,000 |
| Debt-To-Income Ratio |
728 | $147,753,000 |
$202,000 | $722,000 |
$58,000 | $367,000 |
| Employment History |
186 | $37,546,000 |
$201,000 | $546,000 |
$66,000 | $315,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
154 | $35,231,000 |
$228,000 | $650,000 |
$72,000 | $1,600,000 |
| Mortgage Insurance Denied |
1 | $206,000 |
$206,000 | $206,000 |
$57,000 | $57,000 |
| Other |
943 | $191,858,000 |
$203,000 | $1,000,000 |
$104,000 | $3,310,000 |
| Unverifiable Information |
263 | $51,679,000 |
$196,000 | $696,000 |
$80,000 | $306,000 |
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Mortgage Loan App Totals for UNIVERSAL AMERICAN MTG. CO.LLC by:
Metropolitan Area And
County
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