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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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VALLEY MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
VALLEY MORTGAGE, INC. |
| Address | 3310 FIECHTNER DRIVE, SUITE 110 FARGO, ND 58103 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 30 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,021,000 |
| Average Mortgage Loan Amount Applied For | $65,250 |
| Highest Mortgage Loan Amount Applied For | $134,000 |
| Average Applicant Income | $35,000 |
| Highest Applicant Income | $55,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
33 | $3,287,000 |
$94,000 | $134,000 |
$32,000 | $55,000 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $196,000 |
$98,000 | $113,000 |
$27,000 | $33,000 |
| 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 |
31 | $3,091,000 |
$88,500 | $134,000 |
$32,000 | $55,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2 | $142,000 |
$71,000 | $74,000 |
$33,000 | $35,000 |
| FHA-insured (Federal Housing Administration) |
30 | $3,041,000 |
$95,000 | $134,000 |
$32,000 | $55,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $104,000 |
$104,000 | $104,000 |
$34,000 | $34,000 |
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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| Application Withdrawn By Applicant |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 |
30 | $3,021,000 |
$100,000 | $134,000 |
$33,000 | $55,000 |
| 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 |
3 | $266,000 |
$88,000 | $113,000 |
$31,000 | $33,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $153,000 |
$76,000 | $79,000 |
$29,000 | $32,000 |
| Debt-To-Income Ratio |
1 | $113,000 |
$113,000 | $113,000 |
$33,000 | $33,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for VALLEY MORTGAGE, INC. by:
Metropolitan Area And
County
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