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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 SPRINGFIELD
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF SPRINGFIELD |
| Address | 2600 STEVENSON DRIVE
SPRINGFIELD, IL 62703 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 804 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $89,866,000 |
| Average Mortgage Loan Amount Applied For | $156,571 |
| Highest Mortgage Loan Amount Applied For | $1,300,000 |
| Average Applicant Income | $111,102 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
90 | $4,770,000 |
$53,000 | $1,300,000 |
$106,000 | $1,000,000 |
| Home Purchase |
406 | $48,168,000 |
$118,000 | $940,000 |
$84,000 | $773,000 |
| Refinancing |
308 | $36,928,000 |
$119,000 | $680,000 |
$82,000 | $560,000 |
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| American Indian or Alaskan Native |
1 | $61,000 |
$61,000 | $61,000 |
$29,000 | $29,000 |
| Asian |
9 | $950,000 |
$105,000 | $321,000 |
$96,000 | $185,000 |
| Black or African American |
14 | $1,442,000 |
$103,000 | $300,000 |
$59,000 | $88,000 |
| Hispanic |
10 | $1,074,000 |
$107,000 | $305,000 |
$63,000 | $127,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $643,000 |
$160,000 | $250,000 |
$67,000 | $250,000 |
| Not Provided |
20 | $2,375,000 |
$118,000 | $470,000 |
$79,000 | $225,000 |
| White |
746 | $83,321,000 |
$111,000 | $1,300,000 |
$87,000 | $1,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
804 | $89,866,000 |
$111,000 | $1,300,000 |
$86,000 | $1,000,000 |
| 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 |
115 | $15,052,000 |
$130,000 | $940,000 |
$69,000 | $773,000 |
| Application Denied By Financial Institution |
63 | $4,879,000 |
$77,000 | $305,000 |
$53,000 | $225,000 |
| Application Withdrawn By Applicant |
1 | $10,000 |
$10,000 | $10,000 |
$130,000 | $130,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
625 | $69,925,000 |
$111,000 | $1,300,000 |
$92,000 | $1,000,000 |
| 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 |
2 | $70,000 |
$35,000 | $40,000 |
$53,000 | $94,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
51 | $4,260,000 |
$83,000 | $305,000 |
$54,000 | $225,000 |
| Debt-To-Income Ratio |
6 | $255,000 |
$42,000 | $122,000 |
$51,000 | $122,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $110,000 |
$110,000 | $110,000 |
$84,000 | $84,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $74,000 |
$74,000 | $74,000 |
$28,000 | $28,000 |
| Unverifiable Information |
1 | $100,000 |
$100,000 | $100,000 |
$34,000 | $34,000 |
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Mortgage Loan App Totals for BANK OF SPRINGFIELD by:
Metropolitan Area And
County
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