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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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CASCADE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CASCADE BANK |
| Address | 2828 COLBY AVE
EVERETT, WA 98201 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 186 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $190,764,000 |
| Average Mortgage Loan Amount Applied For | $1,213,666 |
| Highest Mortgage Loan Amount Applied For | $24,861,000 |
| Average Applicant Income | $141,416 |
| Highest Applicant Income | $1,277,000 |
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| Home Improvement |
19 | $36,623,000 |
$1,927,000 | $24,861,000 |
$101,000 | $701,000 |
| Home Purchase |
82 | $126,198,000 |
$1,539,000 | $22,500,000 |
$135,000 | $1,277,000 |
| Refinancing |
88 | $28,675,000 |
$325,000 | $7,864,000 |
$111,000 | $444,000 |
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| American Indian or Alaskan Native |
4 | $822,000 |
$205,000 | $534,000 |
$55,000 | $74,000 |
| Asian |
4 | $325,000 |
$81,000 | $131,000 |
$65,000 | $140,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $291,000 |
$145,000 | $250,000 |
$85,000 | $110,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
23 | $142,798,000 |
$6,208,000 | $24,861,000 |
$0 | $0 |
| Not Provided |
59 | $18,881,000 |
$320,000 | $1,078,000 |
$182,000 | $1,277,000 |
| White |
97 | $28,379,000 |
$292,000 | $2,723,000 |
$118,000 | $856,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
188 | $191,316,000 |
$1,017,000 | $24,861,000 |
$121,000 | $1,277,000 |
| FHA-insured (Federal Housing Administration) |
1 | $180,000 |
$180,000 | $180,000 |
$43,000 | $43,000 |
| 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 |
12 | $3,692,000 |
$307,000 | $900,000 |
$110,000 | $244,000 |
| Application Denied By Financial Institution |
24 | $13,313,000 |
$554,000 | $4,180,000 |
$131,000 | $1,277,000 |
| Application Withdrawn By Applicant |
8 | $27,762,000 |
$3,470,000 | $24,861,000 |
$62,000 | $155,000 |
| File Closed For Incompleteness |
3 | $920,000 |
$306,000 | $585,000 |
$100,000 | $186,000 |
| Loan Originated |
139 | $145,077,000 |
$1,043,000 | $22,500,000 |
$125,000 | $1,254,000 |
| 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 |
3 | $732,000 |
$244,000 | $325,000 |
$53,000 | $74,000 |
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| Collateral |
2 | $522,000 |
$261,000 | $315,000 |
$253,000 | $420,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $1,409,000 |
$201,000 | $320,000 |
$52,000 | $90,000 |
| Debt-To-Income Ratio |
13 | $10,866,000 |
$835,000 | $4,180,000 |
$44,000 | $115,000 |
| Employment History |
1 | $124,000 |
$124,000 | $124,000 |
$55,000 | $55,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $300,000 |
$300,000 | $300,000 |
$377,000 | $377,000 |
| Other |
1 | $199,000 |
$199,000 | $199,000 |
$1,277,000 | $1,277,000 |
| Unverifiable Information |
2 | $625,000 |
$312,000 | $325,000 |
$79,000 | $84,000 |
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Mortgage Loan App Totals for CASCADE BANK by:
Metropolitan Area And
County
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