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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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BETTER BANKS
Mortgage Loans and Application Details
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| Mortgage Company Name |
BETTER BANKS |
| Address | 10225 N KNOXVILLE AVE
PEORIA, IL 61615 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 128 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,111,000 |
| Average Mortgage Loan Amount Applied For | $133,909 |
| Highest Mortgage Loan Amount Applied For | $565,000 |
| Average Applicant Income | $111,454 |
| Highest Applicant Income | $375,000 |
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| Home Improvement |
5 | $148,000 |
$29,000 | $80,000 |
$50,000 | $82,000 |
| Home Purchase |
69 | $10,816,000 |
$156,000 | $565,000 |
$96,000 | $276,000 |
| Refinancing |
54 | $6,147,000 |
$113,000 | $440,000 |
$90,000 | $375,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $78,000 |
$78,000 | $78,000 |
$39,000 | $39,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $241,000 |
$60,000 | $75,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
123 | $16,792,000 |
$136,000 | $565,000 |
$95,000 | $375,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
128 | $17,111,000 |
$133,000 | $565,000 |
$92,000 | $375,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
10 | $1,094,000 |
$109,000 | $403,000 |
$46,000 | $158,000 |
| Application Withdrawn By Applicant |
13 | $1,566,000 |
$120,000 | $361,000 |
$77,000 | $254,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
105 | $14,451,000 |
$137,000 | $565,000 |
$98,000 | $375,000 |
| 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 BETTER BANKS by:
Metropolitan Area And
County
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