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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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BANKATLANTIC
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANKATLANTIC |
| Address | 2100 WEST CYPRESS CREEK ROAD FORT LAUDERDALE, FL 33309 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,547 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $751,034,000 |
| Average Mortgage Loan Amount Applied For | $452,925 |
| Highest Mortgage Loan Amount Applied For | $7,500,000 |
| Average Applicant Income | $9,183 |
| Highest Applicant Income | $3,214,000 |
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| Home Improvement |
195 | $14,658,000 |
$75,000 | $850,000 |
$67,000 | $768,000 |
| Home Purchase |
1,067 | $378,093,000 |
$354,000 | $7,500,000 |
$36,000 | $1,268,000 |
| Refinancing |
1,285 | $358,283,000 |
$278,000 | $1,753,000 |
$49,000 | $3,214,000 |
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| American Indian or Alaskan Native |
9 | $1,408,000 |
$156,000 | $273,000 |
$64,000 | $103,000 |
| Asian |
28 | $4,652,000 |
$166,000 | $382,000 |
$76,000 | $356,000 |
| Black or African American |
290 | $39,207,000 |
$135,000 | $539,000 |
$49,000 | $175,000 |
| Hispanic |
352 | $55,187,000 |
$156,000 | $3,420,000 |
$72,000 | $1,268,000 |
| Native Hawaiin or Other Pacific Islander |
11 | $1,703,000 |
$154,000 | $263,000 |
$63,000 | $143,000 |
| Not applicable |
957 | $502,107,000 |
$524,000 | $7,500,000 |
$0 | $0 |
| Not Provided |
256 | $46,880,000 |
$183,000 | $846,000 |
$73,000 | $502,000 |
| White |
644 | $99,890,000 |
$155,000 | $1,753,000 |
$83,000 | $3,214,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,536 | $749,341,000 |
$295,000 | $7,500,000 |
$45,000 | $3,214,000 |
| FHA-insured (Federal Housing Administration) |
8 | $1,232,000 |
$154,000 | $355,000 |
$54,000 | $98,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $461,000 |
$153,000 | $184,000 |
$36,000 | $42,000 |
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| Application Approved But Not Accepted |
148 | $16,615,000 |
$112,000 | $1,753,000 |
$89,000 | $771,000 |
| Application Denied By Financial Institution |
493 | $82,073,000 |
$166,000 | $1,280,000 |
$63,000 | $768,000 |
| Application Withdrawn By Applicant |
177 | $32,039,000 |
$181,000 | $663,000 |
$74,000 | $402,000 |
| File Closed For Incompleteness |
16 | $2,150,000 |
$134,000 | $319,000 |
$52,000 | $143,000 |
| Loan Originated |
768 | $132,902,000 |
$173,000 | $7,500,000 |
$73,000 | $3,214,000 |
| Loan Purchased By The Institution |
945 | $485,255,000 |
$513,000 | $1,500,000 |
$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 |
97 | $15,130,000 |
$155,000 | $475,000 |
$72,000 | $218,000 |
| Credit Application Incomplete |
10 | $1,398,000 |
$139,000 | $335,000 |
$51,000 | $108,000 |
| Credit History |
135 | $18,816,000 |
$139,000 | $1,280,000 |
$62,000 | $550,000 |
| Debt-To-Income Ratio |
166 | $31,709,000 |
$191,000 | $877,000 |
$53,000 | $300,000 |
| Employment History |
4 | $649,000 |
$162,000 | $312,000 |
$40,000 | $95,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
32 | $6,920,000 |
$216,000 | $616,000 |
$65,000 | $227,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
25 | $4,913,000 |
$196,000 | $700,000 |
$80,000 | $216,000 |
| Unverifiable Information |
24 | $2,538,000 |
$105,000 | $351,000 |
$105,000 | $768,000 |
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Mortgage Loan App Totals for BANKATLANTIC by:
Metropolitan Area And
County
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