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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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VANTAGE MORTGAGE GROUP, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
VANTAGE MORTGAGE GROUP, INC. |
| Address | 507 NW 60TH STREET
GAINESVILLE, FL 32607 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| Data Years (click a year for detail) | 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 142 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,912,000 |
| Average Mortgage Loan Amount Applied For | $124,000 |
| Highest Mortgage Loan Amount Applied For | $350,000 |
| Average Applicant Income | $58,636 |
| Highest Applicant Income | $508,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
162 | $20,358,000 |
$124,500 | $380,000 |
$60,000 | $508,000 |
| Refinancing |
1 | $159,000 |
$159,000 | $159,000 |
$62,000 | $62,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $252,000 |
$84,000 | $142,000 |
$103,000 | $166,000 |
| Black or African American |
39 | $3,944,000 |
$100,500 | $320,000 |
$52,500 | $138,000 |
| Hispanic |
4 | $629,000 |
$139,500 | $212,000 |
$60,000 | $145,000 |
| 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 |
117 | $15,692,000 |
$134,000 | $380,000 |
$60,000 | $508,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
121 | $16,166,000 |
$135,500 | $380,000 |
$69,000 | $508,000 |
| FHA-insured (Federal Housing Administration) |
40 | $4,010,000 |
$99,000 | $172,000 |
$48,000 | $243,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $341,000 |
$170,000 | $271,000 |
$57,000 | $83,000 |
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| Application Approved But Not Accepted |
4 | $589,000 |
$147,000 | $240,000 |
$80,000 | $177,000 |
| Application Denied By Financial Institution |
1 | $218,000 |
$218,000 | $218,000 |
$170,000 | $170,000 |
| Application Withdrawn By Applicant |
6 | $567,000 |
$94,000 | $149,000 |
$37,000 | $72,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
131 | $16,538,000 |
$126,000 | $350,000 |
$66,000 | $508,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
11 | $1,590,000 |
$144,000 | $380,000 |
$57,000 | $168,000 |
| Preapproval Denied by Financial Institution |
10 | $1,015,000 |
$101,000 | $130,000 |
$51,000 | $120,000 |
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| Collateral |
2 | $332,000 |
$166,000 | $218,000 |
$145,000 | $170,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $363,000 |
$90,000 | $107,000 |
$41,000 | $46,000 |
| Debt-To-Income Ratio |
2 | $193,000 |
$96,000 | $99,000 |
$12,000 | $12,000 |
| Employment History |
1 | $130,000 |
$130,000 | $130,000 |
$59,000 | $59,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $95,000 |
$95,000 | $95,000 |
$29,000 | $29,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $120,000 |
$120,000 | $120,000 |
$60,000 | $60,000 |
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Mortgage Loan App Totals for VANTAGE MORTGAGE GROUP, INC. by:
Metropolitan Area And
County
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