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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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BANKERS' BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANKERS' BANK |
| Address | 7700 MINERAL POINT ROAD
MADISON, WI 53711 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,109 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $143,173,000 |
| Average Mortgage Loan Amount Applied For | $127,369 |
| Highest Mortgage Loan Amount Applied For | $850,000 |
| Average Applicant Income | $65,363 |
| Highest Applicant Income | $993,000 |
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| Home Improvement |
112 | $13,915,000 |
$124,000 | $400,000 |
$70,000 | $282,000 |
| Home Purchase |
604 | $78,316,000 |
$129,000 | $568,000 |
$68,000 | $993,000 |
| Refinancing |
393 | $50,942,000 |
$129,000 | $850,000 |
$69,000 | $778,000 |
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| American Indian or Alaskan Native |
2 | $166,000 |
$83,000 | $133,000 |
$48,000 | $77,000 |
| Asian |
4 | $516,000 |
$129,000 | $226,000 |
$56,000 | $77,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
9 | $1,265,000 |
$140,000 | $200,000 |
$74,000 | $175,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $190,000 |
$95,000 | $100,000 |
$52,000 | $65,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
13 | $2,472,000 |
$190,000 | $552,000 |
$154,000 | $993,000 |
| White |
1,079 | $138,564,000 |
$128,000 | $850,000 |
$68,000 | $778,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,109 | $143,173,000 |
$129,000 | $850,000 |
$69,000 | $993,000 |
| 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 |
19 | $2,949,000 |
$155,000 | $360,000 |
$61,000 | $151,000 |
| Application Denied By Financial Institution |
64 | $9,021,000 |
$140,000 | $850,000 |
$56,000 | $171,000 |
| Application Withdrawn By Applicant |
43 | $5,276,000 |
$122,000 | $316,000 |
$74,000 | $500,000 |
| File Closed For Incompleteness |
11 | $1,315,000 |
$119,000 | $200,000 |
$64,000 | $173,000 |
| Loan Originated |
972 | $124,612,000 |
$128,000 | $417,000 |
$70,000 | $993,000 |
| 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 |
4 | $266,000 |
$66,000 | $120,000 |
$47,000 | $75,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
35 | $4,972,000 |
$142,000 | $850,000 |
$61,000 | $150,000 |
| Debt-To-Income Ratio |
18 | $3,218,000 |
$178,000 | $568,000 |
$55,000 | $171,000 |
| Employment History |
5 | $429,000 |
$85,000 | $128,000 |
$37,000 | $77,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $77,000 |
$77,000 | $77,000 |
$47,000 | $47,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $59,000 |
$59,000 | $59,000 |
$34,000 | $34,000 |
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Mortgage Loan App Totals for BANKERS' BANK by:
Metropolitan Area And
County
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