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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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VANDERBILT MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
VANDERBILT MORTGAGE |
| Address | 500 ALCOA TRAIL
MARYVILLE, TN 37804 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 83,787 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,902,063,000 |
| Average Mortgage Loan Amount Applied For | $58,148 |
| Highest Mortgage Loan Amount Applied For | $7,353,000 |
| Average Applicant Income | $43,568 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
85,149 | $5,013,101,000 |
$58,000 | $7,353,000 |
$39,000 | $6,000,000 |
| Refinancing |
13,167 | $666,886,000 |
$50,000 | $2,478,000 |
$50,000 | $3,376,000 |
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| American Indian or Alaskan Native |
1,179 | $60,456,000 |
$51,000 | $277,000 |
$39,000 | $600,000 |
| Asian |
211 | $14,189,000 |
$67,000 | $350,000 |
$54,000 | $292,000 |
| Black or African American |
13,328 | $769,153,000 |
$57,000 | $667,000 |
$34,000 | $1,512,000 |
| Hispanic |
8,489 | $433,637,000 |
$51,000 | $1,292,000 |
$39,000 | $1,200,000 |
| Native Hawaiin or Other Pacific Islander |
329 | $21,247,000 |
$64,000 | $261,000 |
$39,000 | $264,000 |
| Not applicable |
973 | $35,307,000 |
$36,000 | $204,000 |
$0 | $0 |
| Not Provided |
8,416 | $434,584,000 |
$51,000 | $2,478,000 |
$48,000 | $3,376,000 |
| White |
65,391 | $3,911,414,000 |
$59,000 | $7,353,000 |
$41,000 | $6,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
93,336 | $5,431,210,000 |
$58,000 | $7,353,000 |
$41,000 | $6,000,000 |
| FHA-insured (Federal Housing Administration) |
4,980 | $248,777,000 |
$49,000 | $714,000 |
$33,000 | $1,198,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
25,053 | $1,465,268,000 |
$58,000 | $767,000 |
$45,000 | $6,000,000 |
| Application Denied By Financial Institution |
56,173 | $3,268,550,000 |
$58,000 | $7,353,000 |
$38,000 | $3,376,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
16,117 | $910,862,000 |
$56,000 | $765,000 |
$44,000 | $2,400,000 |
| Loan Purchased By The Institution |
973 | $35,307,000 |
$36,000 | $204,000 |
$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 |
24 | $2,361,000 |
$98,000 | $393,000 |
$50,000 | $134,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
36,842 | $2,162,928,000 |
$58,000 | $7,353,000 |
$38,000 | $3,376,000 |
| Debt-To-Income Ratio |
351 | $23,376,000 |
$66,000 | $360,000 |
$40,000 | $300,000 |
| Employment History |
30 | $2,119,000 |
$70,000 | $249,000 |
$38,000 | $93,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
311 | $22,656,000 |
$72,000 | $578,000 |
$46,000 | $253,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
17,230 | $967,975,000 |
$56,000 | $2,478,000 |
$36,000 | $2,328,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for VANDERBILT MORTGAGE by:
Metropolitan Area And
County
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