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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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BUSINESS BANK MORTGAGE AND SER
Mortgage Loans and Application Details
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| Mortgage Company Name |
BUSINESS BANK MORTGAGE AND SER |
| Address | 6100 CORPORATE BOULEVARD, SUITE 100
BATON ROUGE, LA 70808 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 76 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,856,000 |
| Average Mortgage Loan Amount Applied For | $80,909 |
| Highest Mortgage Loan Amount Applied For | $917,000 |
| Average Applicant Income | $58,909 |
| Highest Applicant Income | $1,193,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
65 | $9,680,000 |
$146,500 | $780,000 |
$107,500 | $348,000 |
| Refinancing |
20 | $5,625,000 |
$286,000 | $917,000 |
$355,000 | $1,193,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $400,000 |
$400,000 | $400,000 |
$81,000 | $81,000 |
| Black or African American |
7 | $610,000 |
$110,500 | $228,000 |
$53,000 | $113,000 |
| Hispanic |
1 | $100,000 |
$100,000 | $100,000 |
$54,000 | $54,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $62,000 |
$62,000 | $62,000 |
$205,000 | $205,000 |
| White |
75 | $14,133,000 |
$183,000 | $917,000 |
$181,000 | $1,193,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
85 | $15,305,000 |
$171,500 | $917,000 |
$153,000 | $1,193,000 |
| 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 |
15 | $3,118,000 |
$183,000 | $475,000 |
$150,500 | $348,000 |
| Application Denied By Financial Institution |
9 | $3,160,000 |
$281,000 | $780,000 |
$193,000 | $604,000 |
| Application Withdrawn By Applicant |
2 | $957,000 |
$478,000 | $917,000 |
$56,000 | $113,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
26 | $6,220,000 |
$264,500 | $650,000 |
$367,500 | $1,193,000 |
| Loan Purchased By The Institution |
29 | $1,303,000 |
$44,000 | $77,000 |
$41,000 | $79,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
4 | $547,000 |
$136,000 | $150,000 |
$85,000 | $261,000 |
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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 BUSINESS BANK MORTGAGE AND SER by:
Metropolitan Area And
County
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