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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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CHARLES SCHWAB BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CHARLES SCHWAB BANK |
| Address | 101 MONTGOMERY STREET 11-262
SAN FRANCISCO, CA 94104 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,955 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,988,851,000 |
| Average Mortgage Loan Amount Applied For | $251,791 |
| Highest Mortgage Loan Amount Applied For | $3,794,000 |
| Average Applicant Income | $140,540 |
| Highest Applicant Income | $7,600,000 |
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| Home Improvement |
128 | $53,664,000 |
$419,000 | $3,500,000 |
$176,000 | $1,947,000 |
| Home Purchase |
3,378 | $1,112,337,000 |
$329,000 | $3,794,000 |
$170,000 | $7,600,000 |
| Refinancing |
2,449 | $822,850,000 |
$335,000 | $3,102,000 |
$143,000 | $4,805,000 |
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| American Indian or Alaskan Native |
27 | $6,910,000 |
$255,000 | $601,000 |
$111,000 | $276,000 |
| Asian |
253 | $94,266,000 |
$372,000 | $1,520,000 |
$163,000 | $1,008,000 |
| Black or African American |
98 | $23,336,000 |
$238,000 | $738,000 |
$94,000 | $260,000 |
| Hispanic |
153 | $44,814,000 |
$292,000 | $1,437,000 |
$144,000 | $1,300,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $2,525,000 |
$252,000 | $608,000 |
$110,000 | $293,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,501 | $528,613,000 |
$352,000 | $3,600,000 |
$177,000 | $7,600,000 |
| White |
3,913 | $1,288,387,000 |
$329,000 | $3,794,000 |
$154,000 | $4,805,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,955 | $1,988,851,000 |
$333,000 | $3,794,000 |
$159,000 | $7,600,000 |
| 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 |
390 | $112,232,000 |
$287,000 | $2,000,000 |
$157,000 | $3,000,000 |
| Application Denied By Financial Institution |
831 | $322,478,000 |
$388,000 | $3,600,000 |
$135,000 | $2,500,000 |
| Application Withdrawn By Applicant |
745 | $392,788,000 |
$527,000 | $3,102,000 |
$228,000 | $6,705,000 |
| File Closed For Incompleteness |
21 | $5,402,000 |
$257,000 | $728,000 |
$140,000 | $600,000 |
| Loan Originated |
3,943 | $1,151,291,000 |
$291,000 | $3,794,000 |
$152,000 | $7,600,000 |
| Loan Purchased By The Institution |
25 | $4,660,000 |
$186,000 | $279,000 |
$39,000 | $55,000 |
| 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 |
201 | $69,081,000 |
$343,000 | $3,500,000 |
$182,000 | $2,500,000 |
| Credit Application Incomplete |
48 | $12,607,000 |
$262,000 | $1,680,000 |
$131,000 | $483,000 |
| Credit History |
79 | $26,826,000 |
$339,000 | $1,300,000 |
$119,000 | $700,000 |
| Debt-To-Income Ratio |
361 | $159,936,000 |
$443,000 | $3,600,000 |
$99,000 | $900,000 |
| Employment History |
11 | $3,395,000 |
$308,000 | $900,000 |
$114,000 | $400,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
43 | $13,781,000 |
$320,000 | $2,000,000 |
$109,000 | $562,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
58 | $22,420,000 |
$386,000 | $2,500,000 |
$218,000 | $1,800,000 |
| Unverifiable Information |
30 | $14,432,000 |
$481,000 | $1,626,000 |
$183,000 | $735,000 |
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Mortgage Loan App Totals for CHARLES SCHWAB BANK by:
Metropolitan Area And
County
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