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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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BANK OF SHOREWOOD
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF SHOREWOOD |
| Address | 700 W JEFFERSON
SHOREWOOD, IL 60431 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 36 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,776,000 |
| Average Mortgage Loan Amount Applied For | $232,000 |
| Highest Mortgage Loan Amount Applied For | $1,060,000 |
| Average Applicant Income | $63,666 |
| Highest Applicant Income | $210,000 |
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| Home Improvement |
9 | $218,000 |
$24,000 | $100,000 |
$60,000 | $84,000 |
| Home Purchase |
15 | $5,064,000 |
$337,000 | $1,060,000 |
$68,000 | $210,000 |
| Refinancing |
14 | $2,845,000 |
$203,000 | $797,000 |
$69,000 | $116,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
4 | $456,000 |
$114,000 | $220,000 |
$75,000 | $135,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $1,325,000 |
$662,000 | $1,025,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
32 | $6,346,000 |
$198,000 | $1,060,000 |
$70,000 | $210,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
38 | $8,127,000 |
$213,000 | $1,060,000 |
$66,000 | $210,000 |
| 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 |
8 | $1,593,000 |
$199,000 | $242,000 |
$95,000 | $210,000 |
| Application Denied By Financial Institution |
6 | $567,000 |
$94,000 | $314,000 |
$74,000 | $183,000 |
| Application Withdrawn By Applicant |
4 | $816,000 |
$204,000 | $307,000 |
$57,000 | $91,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
18 | $4,800,000 |
$266,000 | $1,060,000 |
$52,000 | $135,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
2 | $351,000 |
$175,000 | $180,000 |
$81,000 | $142,000 |
| 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 |
1 | $7,000 |
$7,000 | $7,000 |
$30,000 | $30,000 |
| Debt-To-Income Ratio |
4 | $246,000 |
$61,000 | $125,000 |
$58,000 | $78,000 |
| 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 |
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Mortgage Loan App Totals for BANK OF SHOREWOOD by:
Metropolitan Area And
County
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