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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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BROADWAY FEDERAL BANK, F.S.B.
Mortgage Loans and Application Details
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| Mortgage Company Name |
BROADWAY FEDERAL BANK, F.S.B. |
| Address | 4800 WILSHIRE BLVD
LOS ANGELES, CA 90010 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 70 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $36,200,000 |
| Average Mortgage Loan Amount Applied For | $461,666 |
| Highest Mortgage Loan Amount Applied For | $3,380,000 |
| Average Applicant Income | $73,333 |
| Highest Applicant Income | $673,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
7 | $2,994,000 |
$427,000 | $688,000 |
$25,000 | $180,000 |
| Refinancing |
63 | $33,206,000 |
$527,000 | $3,380,000 |
$107,000 | $673,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $300,000 |
$300,000 | $300,000 |
$54,000 | $54,000 |
| Black or African American |
30 | $11,809,000 |
$393,000 | $798,000 |
$159,000 | $673,000 |
| Hispanic |
9 | $3,228,000 |
$358,000 | $660,000 |
$41,000 | $175,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $7,181,000 |
$1,196,000 | $3,380,000 |
$22,000 | $136,000 |
| Not applicable |
7 | $4,573,000 |
$653,000 | $1,045,000 |
$0 | $0 |
| Not Provided |
6 | $4,136,000 |
$689,000 | $2,100,000 |
$146,000 | $396,000 |
| White |
11 | $4,973,000 |
$452,000 | $690,000 |
$66,000 | $165,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
70 | $36,200,000 |
$517,000 | $3,380,000 |
$99,000 | $673,000 |
| 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 |
2 | $1,370,000 |
$685,000 | $1,045,000 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $937,000 |
$468,000 | $500,000 |
$0 | $0 |
| Application Withdrawn By Applicant |
8 | $3,370,000 |
$421,000 | $686,000 |
$88,000 | $295,000 |
| File Closed For Incompleteness |
7 | $3,607,000 |
$515,000 | $732,000 |
$13,000 | $85,000 |
| Loan Originated |
51 | $26,916,000 |
$527,000 | $3,380,000 |
$120,000 | $673,000 |
| 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 |
1 | $500,000 |
$500,000 | $500,000 |
$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 |
1 | $437,000 |
$437,000 | $437,000 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BROADWAY FEDERAL BANK, F.S.B. by:
Metropolitan Area And
County
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