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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 CHARTERED BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN CHARTERED BANK |
| Address | 1199 E. HIGGINS ROAD
SCHAUMBURG, IL 60173 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 204 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $60,192,000 |
| Average Mortgage Loan Amount Applied For | $349,000 |
| Highest Mortgage Loan Amount Applied For | $1,965,000 |
| Average Applicant Income | $88,041 |
| Highest Applicant Income | $850,000 |
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| Home Improvement |
23 | $4,653,000 |
$202,000 | $660,000 |
$65,000 | $425,000 |
| Home Purchase |
111 | $29,925,000 |
$269,000 | $1,965,000 |
$49,000 | $570,000 |
| Refinancing |
70 | $25,614,000 |
$365,000 | $1,800,000 |
$109,000 | $850,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
8 | $2,480,000 |
$310,000 | $999,000 |
$147,000 | $401,000 |
| Black or African American |
4 | $831,000 |
$207,000 | $580,000 |
$59,000 | $124,000 |
| Hispanic |
8 | $2,260,000 |
$282,000 | $540,000 |
$14,000 | $80,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
100 | $29,217,000 |
$292,000 | $1,965,000 |
$0 | $0 |
| Not Provided |
1 | $600,000 |
$600,000 | $600,000 |
$850,000 | $850,000 |
| White |
83 | $24,804,000 |
$298,000 | $1,800,000 |
$147,000 | $570,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
204 | $60,192,000 |
$295,000 | $1,965,000 |
$71,000 | $850,000 |
| 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 |
1 | $200,000 |
$200,000 | $200,000 |
$337,000 | $337,000 |
| Application Denied By Financial Institution |
3 | $630,000 |
$210,000 | $600,000 |
$308,000 | $850,000 |
| Application Withdrawn By Applicant |
28 | $9,037,000 |
$322,000 | $999,000 |
$108,000 | $312,000 |
| File Closed For Incompleteness |
3 | $1,128,000 |
$376,000 | $472,000 |
$161,000 | $403,000 |
| Loan Originated |
169 | $49,197,000 |
$291,000 | $1,965,000 |
$58,000 | $570,000 |
| 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 AMERICAN CHARTERED BANK by:
Metropolitan Area And
County
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