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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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ALPINE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALPINE BANK |
| Address | 1700 N ALPINE ROAD
ROCKFORD, IL 61107 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,134 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $120,410,000 |
| Average Mortgage Loan Amount Applied For | $191,071 |
| Highest Mortgage Loan Amount Applied For | $1,100,000 |
| Average Applicant Income | $137,285 |
| Highest Applicant Income | $1,114,000 |
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| Home Improvement |
155 | $2,827,000 |
$18,000 | $75,000 |
$67,000 | $235,000 |
| Home Purchase |
607 | $77,234,000 |
$127,000 | $1,100,000 |
$69,000 | $1,114,000 |
| Refinancing |
430 | $46,426,000 |
$107,000 | $1,100,000 |
$67,000 | $1,080,000 |
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| American Indian or Alaskan Native |
1 | $5,000 |
$5,000 | $5,000 |
$28,000 | $28,000 |
| Asian |
15 | $2,310,000 |
$154,000 | $520,000 |
$79,000 | $335,000 |
| Black or African American |
27 | $2,416,000 |
$89,000 | $376,000 |
$99,000 | $1,082,000 |
| Hispanic |
66 | $6,229,000 |
$94,000 | $237,000 |
$52,000 | $180,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $63,000 |
$63,000 | $63,000 |
$33,000 | $33,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
14 | $716,000 |
$51,000 | $272,000 |
$70,000 | $125,000 |
| White |
1,068 | $114,748,000 |
$107,000 | $1,100,000 |
$68,000 | $1,114,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,163 | $123,154,000 |
$105,000 | $1,100,000 |
$69,000 | $1,114,000 |
| FHA-insured (Federal Housing Administration) |
21 | $2,315,000 |
$110,000 | $203,000 |
$41,000 | $98,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $1,018,000 |
$127,000 | $235,000 |
$41,000 | $82,000 |
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| Application Approved But Not Accepted |
21 | $3,264,000 |
$155,000 | $417,000 |
$157,000 | $1,114,000 |
| Application Denied By Financial Institution |
94 | $9,786,000 |
$104,000 | $279,000 |
$53,000 | $180,000 |
| Application Withdrawn By Applicant |
57 | $6,811,000 |
$119,000 | $356,000 |
$73,000 | $828,000 |
| File Closed For Incompleteness |
2 | $129,000 |
$64,000 | $99,000 |
$50,000 | $52,000 |
| Loan Originated |
964 | $100,656,000 |
$104,000 | $1,100,000 |
$69,000 | $1,080,000 |
| 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 |
54 | $5,841,000 |
$108,000 | $417,000 |
$46,000 | $126,000 |
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| Collateral |
5 | $526,000 |
$105,000 | $140,000 |
$59,000 | $132,000 |
| Credit Application Incomplete |
15 | $2,094,000 |
$139,000 | $417,000 |
$55,000 | $107,000 |
| Credit History |
65 | $6,642,000 |
$102,000 | $229,000 |
$56,000 | $159,000 |
| Debt-To-Income Ratio |
30 | $4,161,000 |
$138,000 | $279,000 |
$40,000 | $115,000 |
| Employment History |
2 | $181,000 |
$90,000 | $93,000 |
$62,000 | $66,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $380,000 |
$95,000 | $155,000 |
$31,000 | $44,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $547,000 |
$109,000 | $170,000 |
$57,000 | $133,000 |
| Unverifiable Information |
3 | $226,000 |
$75,000 | $124,000 |
$33,000 | $40,000 |
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Mortgage Loan App Totals for ALPINE BANK by:
Metropolitan Area And
County
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