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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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AMERICAN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN BANK |
| Address | 676 W JOHNSON STREET
FOND DU LAC, WI 54935 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 336 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $34,212,000 |
| Average Mortgage Loan Amount Applied For | $238,875 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $90,187 |
| Highest Applicant Income | $500,000 |
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| Home Improvement |
54 | $1,328,000 |
$24,000 | $160,000 |
$57,000 | $120,000 |
| Home Purchase |
178 | $24,228,000 |
$136,000 | $2,000,000 |
$63,000 | $500,000 |
| Refinancing |
109 | $9,276,000 |
$85,000 | $400,000 |
$57,000 | $300,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $18,000 |
$18,000 | $18,000 |
$61,000 | $61,000 |
| Black or African American |
1 | $8,000 |
$8,000 | $8,000 |
$72,000 | $72,000 |
| Hispanic |
5 | $213,000 |
$42,000 | $91,000 |
$28,000 | $42,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $100,000 |
$50,000 | $60,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
332 | $34,493,000 |
$103,000 | $2,000,000 |
$61,000 | $500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
341 | $34,832,000 |
$102,000 | $2,000,000 |
$60,000 | $500,000 |
| 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 |
5 | $1,073,000 |
$214,000 | $380,000 |
$104,000 | $186,000 |
| Application Denied By Financial Institution |
26 | $2,285,000 |
$87,000 | $216,000 |
$39,000 | $75,000 |
| Application Withdrawn By Applicant |
52 | $6,170,000 |
$118,000 | $379,000 |
$57,000 | $153,000 |
| File Closed For Incompleteness |
1 | $138,000 |
$138,000 | $138,000 |
$34,000 | $34,000 |
| Loan Originated |
256 | $25,076,000 |
$97,000 | $2,000,000 |
$62,000 | $500,000 |
| 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 |
1 | $90,000 |
$90,000 | $90,000 |
$21,000 | $21,000 |
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| Collateral |
1 | $132,000 |
$132,000 | $132,000 |
$58,000 | $58,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
14 | $1,259,000 |
$89,000 | $200,000 |
$41,000 | $73,000 |
| Debt-To-Income Ratio |
11 | $854,000 |
$77,000 | $216,000 |
$31,000 | $75,000 |
| 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 | $130,000 |
$130,000 | $130,000 |
$66,000 | $66,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN BANK by:
Metropolitan Area And
County
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