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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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1ST CHOICE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST CHOICE BANK |
| Address | 2310 YALE
HOUSTON, TX 77008 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 103 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,054,000 |
| Average Mortgage Loan Amount Applied For | $166,500 |
| Highest Mortgage Loan Amount Applied For | $2,620,000 |
| Average Applicant Income | $287,300 |
| Highest Applicant Income | $1,704,000 |
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| Home Improvement |
6 | $201,000 |
$33,000 | $50,000 |
$42,000 | $89,000 |
| Home Purchase |
87 | $10,204,000 |
$117,000 | $2,620,000 |
$270,000 | $1,704,000 |
| Refinancing |
10 | $1,649,000 |
$164,000 | $211,000 |
$176,000 | $1,000,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $2,821,000 |
$940,000 | $2,620,000 |
$128,000 | $248,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
8 | $725,000 |
$90,000 | $196,000 |
$83,000 | $130,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
35 | $3,137,000 |
$89,000 | $400,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
57 | $5,371,000 |
$94,000 | $366,000 |
$429,000 | $1,704,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
103 | $12,054,000 |
$117,000 | $2,620,000 |
$248,000 | $1,704,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $92,000 |
$30,000 | $41,000 |
$63,000 | $86,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
100 | $11,962,000 |
$119,000 | $2,620,000 |
$253,000 | $1,704,000 |
| 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 |
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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 1ST CHOICE BANK by:
Metropolitan Area And
County
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