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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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VICTORY MORTGAGE LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
VICTORY MORTGAGE LLC |
| Address | 2500 CHAMBER CENTER DRIVE
FT. MITCHELL, KY 41017 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 877 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $144,599,000 |
| Average Mortgage Loan Amount Applied For | $149,111 |
| Highest Mortgage Loan Amount Applied For | $402,000 |
| Average Applicant Income | $63,333 |
| Highest Applicant Income | $522,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
878 | $144,552,000 |
$154,333 | $402,000 |
$58,000 | $522,000 |
| Refinancing |
2 | $519,000 |
$259,500 | $400,000 |
$113,000 | $184,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
26 | $4,914,000 |
$188,000 | $396,000 |
$76,500 | $203,000 |
| Black or African American |
35 | $6,367,000 |
$166,666 | $310,000 |
$60,000 | $300,000 |
| Hispanic |
7 | $1,329,000 |
$176,500 | $294,000 |
$70,500 | $171,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $134,000 |
$134,000 | $134,000 |
$35,000 | $35,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
10 | $1,768,000 |
$173,500 | $320,000 |
$104,500 | $170,000 |
| White |
801 | $130,559,000 |
$156,333 | $402,000 |
$55,666 | $522,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
821 | $135,986,000 |
$166,000 | $402,000 |
$78,000 | $522,000 |
| FHA-insured (Federal Housing Administration) |
49 | $7,280,000 |
$145,666 | $182,000 |
$44,666 | $144,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
10 | $1,805,000 |
$197,000 | $309,000 |
$74,000 | $111,000 |
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| Application Approved But Not Accepted |
40 | $7,601,000 |
$188,500 | $305,000 |
$78,000 | $227,000 |
| Application Denied By Financial Institution |
8 | $1,424,000 |
$173,500 | $349,000 |
$36,500 | $101,000 |
| Application Withdrawn By Applicant |
7 | $1,069,000 |
$136,666 | $330,000 |
$42,666 | $112,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
824 | $134,747,000 |
$163,500 | $402,000 |
$74,000 | $522,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $230,000 |
$230,000 | $230,000 |
$147,000 | $147,000 |
| 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 |
4 | $642,000 |
$160,000 | $182,000 |
$38,000 | $54,000 |
| Debt-To-Income Ratio |
2 | $487,000 |
$243,000 | $349,000 |
$75,000 | $101,000 |
| Employment History |
2 | $295,000 |
$147,000 | $160,000 |
$15,000 | $30,000 |
| 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 VICTORY MORTGAGE LLC by:
Metropolitan Area And
County
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