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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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US MORTGAGE FINANCE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
US MORTGAGE FINANCE CORP |
| Address | 1922 GREENSPRING DRIVE, SUITE 4
TIMONIUM, MD 21093 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 392 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $85,620,000 |
| Average Mortgage Loan Amount Applied For | $213,184 |
| Highest Mortgage Loan Amount Applied For | $1,200,000 |
| Average Applicant Income | $79,513 |
| Highest Applicant Income | $1,508,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
225 | $46,734,000 |
$207,000 | $1,200,000 |
$116,000 | $1,508,000 |
| Refinancing |
167 | $38,886,000 |
$232,000 | $1,000,000 |
$83,000 | $379,000 |
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| American Indian or Alaskan Native |
1 | $171,000 |
$171,000 | $171,000 |
$44,000 | $44,000 |
| Asian |
3 | $499,000 |
$166,000 | $187,000 |
$57,000 | $70,000 |
| Black or African American |
37 | $6,550,000 |
$177,000 | $308,000 |
$68,000 | $266,000 |
| Hispanic |
8 | $1,465,000 |
$183,000 | $272,000 |
$52,000 | $80,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
47 | $7,977,000 |
$169,000 | $384,000 |
$82,000 | $347,000 |
| White |
296 | $68,958,000 |
$232,000 | $1,200,000 |
$112,000 | $1,508,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
347 | $76,530,000 |
$220,000 | $1,200,000 |
$107,000 | $1,508,000 |
| FHA-insured (Federal Housing Administration) |
40 | $7,712,000 |
$192,000 | $335,000 |
$64,000 | $134,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
5 | $1,378,000 |
$275,000 | $339,000 |
$84,000 | $170,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
376 | $82,853,000 |
$220,000 | $1,200,000 |
$104,000 | $1,508,000 |
| Loan Purchased By The Institution |
16 | $2,767,000 |
$172,000 | $414,000 |
$64,000 | $132,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for US MORTGAGE FINANCE CORP by:
Metropolitan Area And
County
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