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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 THE OZARKS
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF THE OZARKS |
| Address | PO BOX 8811
LITTLE ROCK, AR 72231 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,050 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $150,955,000 |
| Average Mortgage Loan Amount Applied For | $128,046 |
| Highest Mortgage Loan Amount Applied For | $4,148,000 |
| Average Applicant Income | $72,138 |
| Highest Applicant Income | $833,000 |
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| Home Improvement |
352 | $9,978,000 |
$28,000 | $577,000 |
$58,000 | $559,000 |
| Home Purchase |
830 | $67,699,000 |
$81,000 | $1,398,000 |
$59,000 | $522,000 |
| Refinancing |
868 | $73,278,000 |
$84,000 | $4,148,000 |
$66,000 | $833,000 |
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| American Indian or Alaskan Native |
5 | $139,000 |
$27,000 | $47,000 |
$20,000 | $44,000 |
| Asian |
5 | $386,000 |
$77,000 | $185,000 |
$57,000 | $105,000 |
| Black or African American |
21 | $1,855,000 |
$88,000 | $400,000 |
$92,000 | $833,000 |
| Hispanic |
25 | $2,048,000 |
$81,000 | $254,000 |
$58,000 | $375,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $58,000 |
$29,000 | $35,000 |
$14,000 | $18,000 |
| Not applicable |
166 | $29,457,000 |
$177,000 | $4,148,000 |
$0 | $15,000 |
| Not Provided |
7 | $426,000 |
$60,000 | $200,000 |
$27,000 | $64,000 |
| White |
1,819 | $116,586,000 |
$64,000 | $1,306,000 |
$67,000 | $655,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,921 | $137,093,000 |
$71,000 | $4,148,000 |
$63,000 | $833,000 |
| FHA-insured (Federal Housing Administration) |
91 | $9,295,000 |
$102,000 | $190,000 |
$47,000 | $159,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
14 | $1,412,000 |
$100,000 | $163,000 |
$39,000 | $57,000 |
| VA-guaranteed (Veterans Administration) |
24 | $3,155,000 |
$131,000 | $241,000 |
$53,000 | $122,000 |
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| Application Approved But Not Accepted |
19 | $2,873,000 |
$151,000 | $400,000 |
$61,000 | $180,000 |
| Application Denied By Financial Institution |
161 | $10,411,000 |
$64,000 | $543,000 |
$43,000 | $522,000 |
| Application Withdrawn By Applicant |
56 | $5,228,000 |
$93,000 | $550,000 |
$59,000 | $270,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,814 | $132,443,000 |
$73,000 | $4,148,000 |
$63,000 | $833,000 |
| 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 |
11 | $857,000 |
$77,000 | $187,000 |
$90,000 | $522,000 |
| Credit Application Incomplete |
1 | $300,000 |
$300,000 | $300,000 |
$92,000 | $92,000 |
| Credit History |
106 | $5,301,000 |
$50,000 | $378,000 |
$38,000 | $141,000 |
| Debt-To-Income Ratio |
27 | $2,185,000 |
$80,000 | $400,000 |
$28,000 | $109,000 |
| Employment History |
1 | $93,000 |
$93,000 | $93,000 |
$39,000 | $39,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $396,000 |
$66,000 | $118,000 |
$46,000 | $68,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $712,000 |
$118,000 | $232,000 |
$79,000 | $180,000 |
| Unverifiable Information |
1 | $543,000 |
$543,000 | $543,000 |
$236,000 | $236,000 |
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Mortgage Loan App Totals for BANK OF THE OZARKS by:
Metropolitan Area And
County
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