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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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BERGEN COMMERCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
BERGEN COMMERCIAL BANK |
| Address | 2 SEARS DRIVE
PARAMUS, NJ 07653 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 44 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,247,000 |
| Average Mortgage Loan Amount Applied For | $242,625 |
| Highest Mortgage Loan Amount Applied For | $1,631,000 |
| Average Applicant Income | $151,375 |
| Highest Applicant Income | $838,000 |
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| Home Improvement |
11 | $1,170,000 |
$106,000 | $325,000 |
$75,000 | $161,000 |
| Home Purchase |
8 | $3,126,000 |
$351,000 | $1,631,000 |
$222,000 | $838,000 |
| Refinancing |
25 | $3,951,000 |
$158,000 | $500,000 |
$113,000 | $569,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $138,000 |
$138,000 | $138,000 |
$65,000 | $65,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $48,000 |
$48,000 | $48,000 |
$167,000 | $167,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4 | $809,000 |
$202,000 | $469,000 |
$130,000 | $192,000 |
| White |
38 | $7,252,000 |
$243,000 | $1,631,000 |
$166,000 | $838,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
44 | $8,247,000 |
$241,500 | $1,631,000 |
$161,500 | $838,000 |
| 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 |
4 | $736,000 |
$222,000 | $299,000 |
$241,000 | $838,000 |
| Application Denied By Financial Institution |
5 | $1,270,000 |
$254,000 | $469,000 |
$117,000 | $192,000 |
| Application Withdrawn By Applicant |
3 | $1,921,000 |
$640,000 | $1,631,000 |
$237,000 | $488,000 |
| File Closed For Incompleteness |
1 | $299,000 |
$299,000 | $299,000 |
$91,000 | $91,000 |
| Loan Originated |
31 | $4,021,000 |
$129,000 | $500,000 |
$102,000 | $569,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
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Mortgage Loan App Totals for BERGEN COMMERCIAL BANK by:
Metropolitan Area And
County
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