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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 SUITE 102
FT. MITCHELL, KY 41017 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 984 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $154,193,000 |
| Average Mortgage Loan Amount Applied For | $177,450 |
| Highest Mortgage Loan Amount Applied For | $1,350,000 |
| Average Applicant Income | $167,400 |
| Highest Applicant Income | $802,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
879 | $133,127,000 |
$209,000 | $334,000 |
$309,333 | $778,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
105 | $21,066,000 |
$329,000 | $1,350,000 |
$263,750 | $802,000 |
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| American Indian or Alaskan Native |
1 | $135,000 |
$135,000 | $135,000 |
$45,000 | $45,000 |
| Asian or Pacific Islander |
14 | $2,582,000 |
$184,000 | $304,000 |
$86,000 | $174,000 |
| Black |
34 | $4,938,000 |
$144,500 | $266,000 |
$111,000 | $494,000 |
| Hispanic |
2 | $332,000 |
$166,000 | $176,000 |
$44,000 | $51,000 |
| Information not provided by applicant in mail or telephone application |
291 | $43,955,000 |
$150,000 | $830,000 |
$88,500 | $532,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $307,000 |
$153,000 | $163,000 |
$51,000 | $60,000 |
| White |
640 | $101,944,000 |
$314,200 | $1,350,000 |
$362,600 | $802,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
853 | $135,895,000 |
$314,800 | $1,350,000 |
$367,200 | $802,000 |
| FHA-insured (Federal Housing Administration) |
108 | $14,564,000 |
$135,000 | $162,000 |
$41,000 | $209,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $287,000 |
$143,000 | $145,000 |
$36,000 | $37,000 |
| VA-guaranteed (Veterans Administration) |
21 | $3,447,000 |
$167,500 | $265,000 |
$72,500 | $119,000 |
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| Application Approved But Not Accepted |
15 | $2,454,000 |
$168,000 | $286,000 |
$58,000 | $103,000 |
| Application Denied By Financial Institution |
5 | $709,000 |
$129,500 | $272,000 |
$81,000 | $134,000 |
| Application Withdrawn By Applicant |
51 | $8,270,000 |
$161,500 | $323,000 |
$77,000 | $532,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
913 | $142,760,000 |
$313,400 | $1,350,000 |
$364,400 | $802,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $315,000 |
$157,500 | $272,000 |
$85,500 | $96,000 |
| Credit Application Incomplete |
1 | $96,000 |
$96,000 | $96,000 |
$67,000 | $67,000 |
| Credit History |
1 | $173,000 |
$173,000 | $173,000 |
$134,000 | $134,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $125,000 |
$125,000 | $125,000 |
$45,000 | $45,000 |
| 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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