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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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ALLIED FIRST BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALLIED FIRST BANK |
| Address | 387 SHUMAN BLVD SUITE 290E
NAPERVILLE, IL 60563 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 416 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $78,862,000 |
| Average Mortgage Loan Amount Applied For | $249,129 |
| Highest Mortgage Loan Amount Applied For | $780,000 |
| Average Applicant Income | $118,505 |
| Highest Applicant Income | $480,000 |
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| Home Improvement |
4 | $125,000 |
$31,000 | $50,000 |
$70,000 | $186,000 |
| Home Purchase |
212 | $40,705,000 |
$192,000 | $770,000 |
$92,000 | $385,000 |
| Refinancing |
217 | $42,045,000 |
$193,000 | $780,000 |
$94,000 | $480,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $1,016,000 |
$254,000 | $350,000 |
$28,000 | $90,000 |
| Black or African American |
9 | $1,381,000 |
$153,000 | $500,000 |
$91,000 | $155,000 |
| Hispanic |
30 | $5,079,000 |
$169,000 | $560,000 |
$74,000 | $190,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $160,000 |
$160,000 | $160,000 |
$141,000 | $141,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
18 | $3,274,000 |
$181,000 | $704,000 |
$117,000 | $336,000 |
| White |
371 | $71,965,000 |
$193,000 | $780,000 |
$94,000 | $480,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
422 | $80,623,000 |
$191,000 | $780,000 |
$94,000 | $480,000 |
| FHA-insured (Federal Housing Administration) |
11 | $2,252,000 |
$204,000 | $279,000 |
$63,000 | $136,000 |
| 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 |
24 | $4,536,000 |
$189,000 | $417,000 |
$77,000 | $212,000 |
| Application Denied By Financial Institution |
19 | $2,960,000 |
$155,000 | $770,000 |
$86,000 | $245,000 |
| Application Withdrawn By Applicant |
7 | $945,000 |
$135,000 | $185,000 |
$64,000 | $158,000 |
| File Closed For Incompleteness |
1 | $525,000 |
$525,000 | $525,000 |
$129,000 | $129,000 |
| Loan Originated |
369 | $71,345,000 |
$193,000 | $780,000 |
$95,000 | $480,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
13 | $2,564,000 |
$197,000 | $417,000 |
$80,000 | $198,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $307,000 |
$153,000 | $251,000 |
$65,000 | $94,000 |
| Credit Application Incomplete |
1 | $130,000 |
$130,000 | $130,000 |
$187,000 | $187,000 |
| Credit History |
6 | $378,000 |
$63,000 | $120,000 |
$86,000 | $130,000 |
| Debt-To-Income Ratio |
8 | $1,779,000 |
$222,000 | $770,000 |
$89,000 | $245,000 |
| 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 |
1 | $38,000 |
$38,000 | $38,000 |
$93,000 | $93,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ALLIED FIRST BANK by:
Metropolitan Area And
County
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