|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
AMERICAN STERLING BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
AMERICAN STERLING BANK |
| Address | 535 SOUTH STERLING
SUGAR CREEK, MO 64054 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,127 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,465,059,000 |
| Average Mortgage Loan Amount Applied For | $184,604 |
| Highest Mortgage Loan Amount Applied For | $3,486,000 |
| Average Applicant Income | $93,926 |
| Highest Applicant Income | $9,999,000 |
|
|
|
| Home Improvement |
4 | $284,000 |
$71,000 | $199,000 |
$26,000 | $62,000 |
| Home Purchase |
2,158 | $439,463,000 |
$203,000 | $1,675,000 |
$125,000 | $9,999,000 |
| Refinancing |
3,984 | $1,030,075,000 |
$258,000 | $3,486,000 |
$105,000 | $3,286,000 |
|
|
| American Indian or Alaskan Native |
18 | $3,187,000 |
$177,000 | $532,000 |
$116,000 | $394,000 |
| Asian |
496 | $124,606,000 |
$251,000 | $1,151,000 |
$118,000 | $1,010,000 |
| Black or African American |
417 | $87,220,000 |
$209,000 | $1,500,000 |
$107,000 | $1,920,000 |
| Hispanic |
1,126 | $266,457,000 |
$236,000 | $1,350,000 |
$108,000 | $9,999,000 |
| Native Hawaiin or Other Pacific Islander |
86 | $21,938,000 |
$255,000 | $649,000 |
$111,000 | $1,140,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
725 | $204,889,000 |
$282,000 | $1,500,000 |
$111,000 | $807,000 |
| White |
3,278 | $761,525,000 |
$232,000 | $3,486,000 |
$113,000 | $3,286,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,047 | $1,455,856,000 |
$240,000 | $3,486,000 |
$113,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
91 | $12,683,000 |
$139,000 | $366,000 |
$55,000 | $134,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $1,283,000 |
$160,000 | $243,000 |
$59,000 | $102,000 |
|
|
| Application Approved But Not Accepted |
1,163 | $318,896,000 |
$274,000 | $1,710,000 |
$107,000 | $1,140,000 |
| Application Denied By Financial Institution |
1,449 | $331,072,000 |
$228,000 | $3,486,000 |
$128,000 | $9,999,000 |
| Application Withdrawn By Applicant |
120 | $35,778,000 |
$298,000 | $1,788,000 |
$125,000 | $535,000 |
| File Closed For Incompleteness |
403 | $103,513,000 |
$256,000 | $1,000,000 |
$126,000 | $643,000 |
| Loan Originated |
2,992 | $675,800,000 |
$225,000 | $1,691,000 |
$103,000 | $3,286,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
15 | $3,973,000 |
$264,000 | $650,000 |
$108,000 | $221,000 |
| Preapproval Denied by Financial Institution |
4 | $790,000 |
$197,000 | $316,000 |
$225,000 | $807,000 |
|
|
| Collateral |
172 | $44,343,000 |
$257,000 | $1,500,000 |
$182,000 | $9,999,000 |
| Credit Application Incomplete |
93 | $16,196,000 |
$174,000 | $986,000 |
$163,000 | $1,920,000 |
| Credit History |
503 | $111,958,000 |
$222,000 | $1,250,000 |
$105,000 | $752,000 |
| Debt-To-Income Ratio |
176 | $39,500,000 |
$224,000 | $1,200,000 |
$93,000 | $807,000 |
| Employment History |
44 | $11,174,000 |
$253,000 | $1,350,000 |
$123,000 | $491,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
28 | $6,029,000 |
$215,000 | $882,000 |
$101,000 | $333,000 |
| Mortgage Insurance Denied |
1 | $82,000 |
$82,000 | $82,000 |
$107,000 | $107,000 |
| Other |
275 | $60,987,000 |
$221,000 | $3,486,000 |
$142,000 | $840,000 |
| Unverifiable Information |
161 | $41,593,000 |
$258,000 | $1,500,000 |
$141,000 | $660,000 |
|
Mortgage Loan App Totals for AMERICAN STERLING BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
