|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
BANKCHEROKEE
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
BANKCHEROKEE |
| Address | 607 SOUTH SMITH AVENUE
ST. PAUL, MN 55107 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 111 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,162,000 |
| Average Mortgage Loan Amount Applied For | $190,230 |
| Highest Mortgage Loan Amount Applied For | $794,000 |
| Average Applicant Income | $131,307 |
| Highest Applicant Income | $3,060,000 |
|
|
|
| Home Improvement |
32 | $2,292,000 |
$71,000 | $500,000 |
$71,000 | $230,000 |
| Home Purchase |
28 | $5,928,000 |
$211,000 | $450,000 |
$366,000 | $3,060,000 |
| Refinancing |
53 | $7,048,000 |
$132,000 | $794,000 |
$78,000 | $350,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $109,000 |
$54,000 | $59,000 |
$74,000 | $148,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $154,000 |
$51,000 | $72,000 |
$86,000 | $139,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
24 | $5,786,000 |
$241,000 | $794,000 |
$0 | $0 |
| Not Provided |
9 | $1,371,000 |
$152,000 | $660,000 |
$108,000 | $250,000 |
| White |
75 | $7,848,000 |
$104,000 | $600,000 |
$204,000 | $3,060,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
113 | $15,268,000 |
$135,000 | $794,000 |
$147,000 | $3,060,000 |
| 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 |
4 | $733,000 |
$183,000 | $440,000 |
$141,000 | $250,000 |
| Application Denied By Financial Institution |
13 | $1,960,000 |
$150,000 | $600,000 |
$75,000 | $350,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
96 | $12,575,000 |
$130,000 | $794,000 |
$157,000 | $3,060,000 |
| 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 | $280,000 |
$280,000 | $280,000 |
$60,000 | $60,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $1,330,000 |
$221,000 | $600,000 |
$92,000 | $350,000 |
| Debt-To-Income Ratio |
6 | $350,000 |
$58,000 | $100,000 |
$60,000 | $146,000 |
| 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 BANKCHEROKEE by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
