|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
BANK OF ILLINOIS
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
BANK OF ILLINOIS |
| Address | 102 WEST COLLEGE AVENUE
NORMAL, IL 61761 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 252 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,643,000 |
| Average Mortgage Loan Amount Applied For | $109,000 |
| Highest Mortgage Loan Amount Applied For | $395,000 |
| Average Applicant Income | $84,000 |
| Highest Applicant Income | $552,000 |
|
|
|
| Home Improvement |
3 | $47,000 |
$15,000 | $25,000 |
$70,000 | $137,000 |
| Home Purchase |
184 | $22,134,000 |
$120,000 | $532,000 |
$76,000 | $384,000 |
| Refinancing |
138 | $14,117,000 |
$102,000 | $475,000 |
$84,000 | $552,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
11 | $1,261,000 |
$114,000 | $189,000 |
$95,000 | $295,000 |
| Black or African American |
18 | $1,894,000 |
$105,000 | $245,000 |
$72,000 | $119,000 |
| Hispanic |
5 | $541,000 |
$108,000 | $128,000 |
$53,000 | $69,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
291 | $32,602,000 |
$112,000 | $532,000 |
$80,000 | $552,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
325 | $36,298,000 |
$111,000 | $532,000 |
$79,000 | $552,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
4 | $699,000 |
$174,000 | $417,000 |
$51,000 | $95,000 |
| Application Withdrawn By Applicant |
7 | $604,000 |
$86,000 | $122,000 |
$49,000 | $61,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
314 | $34,995,000 |
$111,000 | $532,000 |
$80,000 | $552,000 |
| 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 |
|
|
| Collateral |
1 | $67,000 |
$67,000 | $67,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $215,000 |
$107,000 | $120,000 |
$54,000 | $72,000 |
| Debt-To-Income Ratio |
1 | $417,000 |
$417,000 | $417,000 |
$95,000 | $95,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for BANK OF ILLINOIS by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
