AMERICAN STERLING BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN STERLING BANK |
| Address | 535 SOUTH STERLING
SUGAR CREEK, MO 64054 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Loan Applications Processed | 16,531 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,662,676,000 |
| Average Mortgage Loan Amount Applied For | $180,280 |
| Highest Mortgage Loan Amount Applied For | $2,250,000 |
| Average Applicant Income | $86,069 |
| Highest Applicant Income | $9,495,000 |
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| Home Improvement |
13 | $2,320,000 |
$178,000 | $365,000 |
$120,000 | $758,000 |
| Home Purchase |
7,099 | $1,432,538,000 |
$201,000 | $1,463,000 |
$101,000 | $9,495,000 |
| Refinancing |
9,419 | $2,227,818,000 |
$236,000 | $2,250,000 |
$97,000 | $1,920,000 |
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| American Indian or Alaskan Native |
52 | $10,443,000 |
$200,000 | $514,000 |
$143,000 | $1,200,000 |
| Asian |
1,111 | $298,202,000 |
$268,000 | $1,500,000 |
$116,000 | $1,620,000 |
| Black or African American |
1,422 | $287,032,000 |
$201,000 | $1,500,000 |
$102,000 | $9,495,000 |
| Hispanic |
3,275 | $738,294,000 |
$225,000 | $1,760,000 |
$87,000 | $1,200,000 |
| Native Hawaiin or Other Pacific Islander |
169 | $43,822,000 |
$259,000 | $1,000,000 |
$113,000 | $1,200,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,320 | $305,895,000 |
$231,000 | $1,925,000 |
$94,000 | $1,269,000 |
| White |
9,182 | $1,978,988,000 |
$215,000 | $2,250,000 |
$100,000 | $2,742,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
15,690 | $3,520,833,000 |
$224,000 | $2,250,000 |
$101,000 | $9,495,000 |
| FHA-insured (Federal Housing Administration) |
773 | $128,573,000 |
$166,000 | $370,000 |
$59,000 | $1,180,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
68 | $13,270,000 |
$195,000 | $525,000 |
$63,000 | $120,000 |
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| Application Approved But Not Accepted |
2,810 | $684,400,000 |
$243,000 | $2,250,000 |
$102,000 | $1,920,000 |
| Application Denied By Financial Institution |
3,863 | $874,284,000 |
$226,000 | $2,000,000 |
$112,000 | $9,495,000 |
| Application Withdrawn By Applicant |
720 | $173,341,000 |
$240,000 | $1,425,000 |
$104,000 | $1,620,000 |
| File Closed For Incompleteness |
1,098 | $265,024,000 |
$241,000 | $1,950,000 |
$109,000 | $1,200,000 |
| Loan Originated |
8,040 | $1,665,627,000 |
$207,000 | $1,500,000 |
$89,000 | $2,742,000 |
| 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 |
569 | $131,664,000 |
$231,000 | $1,678,000 |
$151,000 | $9,495,000 |
| Credit Application Incomplete |
401 | $71,231,000 |
$177,000 | $1,000,000 |
$98,000 | $1,416,000 |
| Credit History |
1,062 | $235,820,000 |
$222,000 | $1,763,000 |
$94,000 | $1,200,000 |
| Debt-To-Income Ratio |
454 | $105,413,000 |
$232,000 | $1,028,000 |
$86,000 | $480,000 |
| Employment History |
174 | $42,570,000 |
$244,000 | $960,000 |
$131,000 | $793,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
74 | $16,768,000 |
$226,000 | $1,000,000 |
$102,000 | $326,000 |
| Mortgage Insurance Denied |
10 | $2,081,000 |
$208,000 | $470,000 |
$61,000 | $215,000 |
| Other |
754 | $176,659,000 |
$234,000 | $2,000,000 |
$118,000 | $1,680,000 |
| Unverifiable Information |
365 | $92,078,000 |
$252,000 | $1,700,000 |
$135,000 | $1,059,000 |
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Mortgage Loan Application Totals for AMERICAN STERLING BANK by:
Metropolitan Area And
County
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