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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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COLE TAYLOR BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
COLE TAYLOR BANK |
| Address | 9550 W HIGGINS RAOD
ROSEMONT, IL 60018 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 231 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $57,868,000 |
| Average Mortgage Loan Amount Applied For | $355,250 |
| Highest Mortgage Loan Amount Applied For | $7,000,000 |
| Average Applicant Income | $174,500 |
| Highest Applicant Income | $3,000,000 |
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| Home Improvement |
92 | $7,348,000 |
$79,000 | $750,000 |
$90,000 | $1,300,000 |
| Home Purchase |
32 | $23,934,000 |
$747,000 | $7,000,000 |
$305,000 | $3,000,000 |
| Refinancing |
107 | $26,586,000 |
$248,000 | $5,200,000 |
$100,000 | $751,000 |
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| American Indian or Alaskan Native |
1 | $5,000 |
$5,000 | $5,000 |
$17,000 | $17,000 |
| Asian |
12 | $1,536,000 |
$128,000 | $300,000 |
$187,000 | $1,300,000 |
| Black or African American |
24 | $740,000 |
$30,000 | $88,000 |
$37,000 | $120,000 |
| Hispanic |
27 | $1,952,000 |
$72,000 | $750,000 |
$106,000 | $1,300,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $113,000 |
$56,000 | $65,000 |
$18,000 | $27,000 |
| Not applicable |
22 | $26,478,000 |
$1,203,000 | $7,000,000 |
$0 | $0 |
| Not Provided |
12 | $2,313,000 |
$192,000 | $335,000 |
$129,000 | $476,000 |
| White |
131 | $24,731,000 |
$188,000 | $2,000,000 |
$161,000 | $3,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
231 | $57,868,000 |
$250,000 | $7,000,000 |
$124,000 | $3,000,000 |
| 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 |
13 | $1,965,000 |
$151,000 | $575,000 |
$76,000 | $151,000 |
| Application Denied By Financial Institution |
63 | $5,713,000 |
$90,000 | $750,000 |
$69,000 | $345,000 |
| Application Withdrawn By Applicant |
7 | $604,000 |
$86,000 | $376,000 |
$70,000 | $150,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
148 | $49,586,000 |
$335,000 | $7,000,000 |
$155,000 | $3,000,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
7 | $870,000 |
$124,000 | $450,000 |
$101,000 | $216,000 |
| Credit Application Incomplete |
4 | $585,000 |
$146,000 | $400,000 |
$45,000 | $116,000 |
| Credit History |
36 | $2,178,000 |
$60,000 | $250,000 |
$74,000 | $345,000 |
| Debt-To-Income Ratio |
15 | $1,855,000 |
$123,000 | $750,000 |
$50,000 | $310,000 |
| 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 |
1 | $225,000 |
$225,000 | $225,000 |
$63,000 | $63,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COLE TAYLOR BANK by:
Metropolitan Area And
County
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