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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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BUSEY BANK, N.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
BUSEY BANK, N.A. |
| Address | 1490 TAMIAMI TRAIL
PORT CHARLOTTE, FL 33948 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 411 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $99,931,000 |
| Average Mortgage Loan Amount Applied For | $237,000 |
| Highest Mortgage Loan Amount Applied For | $1,649,000 |
| Average Applicant Income | $100,769 |
| Highest Applicant Income | $3,159,000 |
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| Home Improvement |
4 | $446,000 |
$111,000 | $340,000 |
$39,000 | $68,000 |
| Home Purchase |
281 | $68,975,000 |
$245,000 | $1,649,000 |
$121,000 | $3,159,000 |
| Refinancing |
131 | $32,117,000 |
$245,000 | $995,000 |
$108,000 | $471,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $335,000 |
$167,000 | $209,000 |
$79,000 | $158,000 |
| Black or African American |
12 | $3,273,000 |
$272,000 | $629,000 |
$92,000 | $308,000 |
| Hispanic |
42 | $10,392,000 |
$247,000 | $786,000 |
$87,000 | $438,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $155,000 |
$155,000 | $155,000 |
$66,000 | $66,000 |
| Not applicable |
5 | $1,540,000 |
$308,000 | $421,000 |
$0 | $0 |
| Not Provided |
3 | $771,000 |
$257,000 | $263,000 |
$95,000 | $103,000 |
| White |
351 | $85,072,000 |
$242,000 | $1,649,000 |
$123,000 | $3,159,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
416 | $101,538,000 |
$244,000 | $1,649,000 |
$116,000 | $3,159,000 |
| 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 |
23 | $4,201,000 |
$182,000 | $380,000 |
$76,000 | $277,000 |
| Application Denied By Financial Institution |
12 | $2,594,000 |
$216,000 | $408,000 |
$119,000 | $438,000 |
| Application Withdrawn By Applicant |
27 | $6,303,000 |
$233,000 | $995,000 |
$73,000 | $321,000 |
| File Closed For Incompleteness |
2 | $450,000 |
$225,000 | $240,000 |
$143,000 | $240,000 |
| Loan Originated |
348 | $86,683,000 |
$249,000 | $1,649,000 |
$123,000 | $3,159,000 |
| 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 |
4 | $1,307,000 |
$326,000 | $720,000 |
$51,000 | $85,000 |
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| Collateral |
1 | $94,000 |
$94,000 | $94,000 |
$60,000 | $60,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $2,736,000 |
$304,000 | $720,000 |
$105,000 | $438,000 |
| Debt-To-Income Ratio |
2 | $449,000 |
$224,000 | $314,000 |
$9,000 | $18,000 |
| 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 |
3 | $365,000 |
$121,000 | $188,000 |
$124,000 | $206,000 |
| Unverifiable Information |
1 | $257,000 |
$257,000 | $257,000 |
$240,000 | $240,000 |
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Mortgage Loan App Totals for BUSEY BANK, N.A. by:
Metropolitan Area And
County
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