|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CHICAGO BANCORP, INC.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CHICAGO BANCORP, INC. |
| Address | 300 NORTH ELIZABETH STREET
CHICAGO, IL 60607 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,691 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $849,955,000 |
| Average Mortgage Loan Amount Applied For | $216,040 |
| Highest Mortgage Loan Amount Applied For | $1,956,000 |
| Average Applicant Income | $122,482 |
| Highest Applicant Income | $1,782,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,568 | $548,989,000 |
$213,000 | $1,444,000 |
$108,000 | $967,000 |
| Refinancing |
1,189 | $315,066,000 |
$264,000 | $1,956,000 |
$121,000 | $1,782,000 |
|
|
| American Indian or Alaskan Native |
3 | $925,000 |
$308,000 | $497,000 |
$223,000 | $528,000 |
| Asian |
173 | $43,373,000 |
$250,000 | $1,000,000 |
$123,000 | $649,000 |
| Black or African American |
344 | $64,330,000 |
$187,000 | $1,465,000 |
$87,000 | $540,000 |
| Hispanic |
484 | $89,240,000 |
$184,000 | $719,000 |
$78,000 | $600,000 |
| Native Hawaiin or Other Pacific Islander |
15 | $3,415,000 |
$227,000 | $372,000 |
$95,000 | $180,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
25 | $4,655,000 |
$186,000 | $552,000 |
$91,000 | $246,000 |
| White |
2,713 | $658,117,000 |
$242,000 | $1,956,000 |
$121,000 | $1,782,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,612 | $835,196,000 |
$231,000 | $1,956,000 |
$114,000 | $1,782,000 |
| FHA-insured (Federal Housing Administration) |
124 | $23,606,000 |
$190,000 | $357,000 |
$72,000 | $308,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
21 | $5,253,000 |
$250,000 | $417,000 |
$80,000 | $144,000 |
|
|
| Application Approved But Not Accepted |
20 | $4,056,000 |
$202,000 | $650,000 |
$86,000 | $204,000 |
| Application Denied By Financial Institution |
70 | $18,442,000 |
$263,000 | $1,500,000 |
$186,000 | $1,200,000 |
| Application Withdrawn By Applicant |
485 | $94,602,000 |
$195,000 | $1,544,000 |
$109,000 | $1,782,000 |
| File Closed For Incompleteness |
15 | $3,353,000 |
$223,000 | $480,000 |
$68,000 | $169,000 |
| Loan Originated |
3,158 | $740,859,000 |
$234,000 | $1,956,000 |
$112,000 | $1,608,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
7 | $2,119,000 |
$302,000 | $760,000 |
$92,000 | $218,000 |
| Preapproval Denied by Financial Institution |
2 | $624,000 |
$312,000 | $375,000 |
$56,000 | $112,000 |
|
|
| Collateral |
1 | $208,000 |
$208,000 | $208,000 |
$60,000 | $60,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $1,127,000 |
$225,000 | $365,000 |
$63,000 | $120,000 |
| Debt-To-Income Ratio |
10 | $2,449,000 |
$244,000 | $499,000 |
$50,000 | $75,000 |
| Employment History |
3 | $503,000 |
$167,000 | $373,000 |
$130,000 | $172,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $375,000 |
$375,000 | $375,000 |
$112,000 | $112,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $1,441,000 |
$205,000 | $601,000 |
$109,000 | $360,000 |
| Unverifiable Information |
5 | $942,000 |
$188,000 | $292,000 |
$123,000 | $225,000 |
|
Mortgage Loan App Totals for CHICAGO BANCORP, INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
