|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
BANK MIDWEST, N.A.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
BANK MIDWEST, N.A. |
| Address | 1100 MAIN ST., STE 416
KANSAS CITY, MO 64105-2120 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,002 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $164,895,000 |
| Average Mortgage Loan Amount Applied For | $115,780 |
| Highest Mortgage Loan Amount Applied For | $4,125,000 |
| Average Applicant Income | $66,495 |
| Highest Applicant Income | $1,131,000 |
|
|
|
| Home Improvement |
505 | $13,026,000 |
$25,000 | $775,000 |
$51,000 | $500,000 |
| Home Purchase |
928 | $95,129,000 |
$102,000 | $4,125,000 |
$59,000 | $1,100,000 |
| Refinancing |
606 | $57,508,000 |
$94,000 | $850,000 |
$66,000 | $1,131,000 |
|
|
| American Indian or Alaskan Native |
15 | $1,032,000 |
$68,000 | $210,000 |
$59,000 | $122,000 |
| Asian |
12 | $2,227,000 |
$185,000 | $700,000 |
$49,000 | $109,000 |
| Black or African American |
42 | $2,449,000 |
$58,000 | $441,000 |
$77,000 | $1,100,000 |
| Hispanic |
57 | $3,106,000 |
$54,000 | $265,000 |
$51,000 | $337,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $792,000 |
$113,000 | $283,000 |
$36,000 | $187,000 |
| Not applicable |
98 | $17,674,000 |
$180,000 | $4,125,000 |
$12,000 | $454,000 |
| Not Provided |
94 | $5,743,000 |
$61,000 | $775,000 |
$59,000 | $348,000 |
| White |
1,714 | $132,640,000 |
$77,000 | $1,112,000 |
$62,000 | $1,131,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,869 | $153,820,000 |
$82,000 | $4,125,000 |
$61,000 | $1,131,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
170 | $11,843,000 |
$69,000 | $180,000 |
$36,000 | $76,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
157 | $18,200,000 |
$115,000 | $800,000 |
$70,000 | $450,000 |
| Application Denied By Financial Institution |
573 | $31,356,000 |
$54,000 | $700,000 |
$44,000 | $346,000 |
| Application Withdrawn By Applicant |
34 | $2,387,000 |
$70,000 | $281,000 |
$59,000 | $187,000 |
| File Closed For Incompleteness |
22 | $1,994,000 |
$90,000 | $168,000 |
$64,000 | $500,000 |
| Loan Originated |
1,239 | $110,891,000 |
$89,000 | $4,125,000 |
$65,000 | $1,131,000 |
| Loan Purchased By The Institution |
14 | $835,000 |
$59,000 | $172,000 |
$40,000 | $105,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
38 | $2,538,000 |
$66,000 | $310,000 |
$50,000 | $135,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
369 | $16,724,000 |
$45,000 | $500,000 |
$44,000 | $346,000 |
| Debt-To-Income Ratio |
152 | $11,109,000 |
$73,000 | $700,000 |
$42,000 | $340,000 |
| Employment History |
9 | $787,000 |
$87,000 | $187,000 |
$27,000 | $71,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $68,000 |
$68,000 | $68,000 |
$52,000 | $52,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $125,000 |
$41,000 | $68,000 |
$38,000 | $50,000 |
| Unverifiable Information |
1 | $5,000 |
$5,000 | $5,000 |
$45,000 | $45,000 |
|
Mortgage Loan App Totals for BANK MIDWEST, N.A. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
