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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 EXPRESS CENTURION BK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN EXPRESS CENTURION BK |
| Address | 4315 SOUTH 2700 WEST
SALT LAKE CITY, UT 84184 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 202 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,903,000 |
| Average Mortgage Loan Amount Applied For | $51,250 |
| Highest Mortgage Loan Amount Applied For | $250,000 |
| Average Applicant Income | $92,515 |
| Highest Applicant Income | $840,000 |
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| Home Improvement |
101 | $5,239,000 |
$42,227 | $250,000 |
$126,545 | $840,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
101 | $5,664,000 |
$56,884 | $224,000 |
$83,923 | $294,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
8 | $427,000 |
$45,200 | $100,000 |
$75,800 | $134,000 |
| Black or African American |
16 | $833,000 |
$45,416 | $168,000 |
$63,750 | $106,000 |
| Hispanic |
24 | $1,357,000 |
$62,000 | $210,000 |
$90,625 | $174,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $465,000 |
$120,000 | $250,000 |
$230,000 | $600,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
59 | $3,228,000 |
$43,352 | $224,000 |
$77,941 | $250,000 |
| White |
92 | $4,593,000 |
$50,928 | $175,000 |
$106,678 | $840,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
202 | $10,903,000 |
$50,656 | $250,000 |
$93,968 | $840,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
96 | $5,119,000 |
$50,086 | $250,000 |
$90,652 | $840,000 |
| Application Withdrawn By Applicant |
16 | $934,000 |
$64,000 | $224,000 |
$90,333 | $220,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
90 | $4,850,000 |
$42,400 | $165,000 |
$90,400 | $540,000 |
| 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 |
7 | $444,000 |
$63,428 | $150,000 |
$140,285 | $294,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
48 | $2,334,000 |
$51,842 | $250,000 |
$121,631 | $840,000 |
| Debt-To-Income Ratio |
37 | $2,125,000 |
$45,000 | $210,000 |
$51,400 | $250,000 |
| 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 |
4 | $216,000 |
$54,000 | $100,000 |
$43,500 | $60,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN EXPRESS CENTURION BK by:
Metropolitan Area And
County
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