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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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COMMERCE BANK OF ARIZONA
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMERCE BANK OF ARIZONA |
| Address | 2285 W INA ROAD
TUCSON, AZ 85741 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 19 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,474,000 |
| Average Mortgage Loan Amount Applied For | $244,000 |
| Highest Mortgage Loan Amount Applied For | $2,235,000 |
| Average Applicant Income | $101,000 |
| Highest Applicant Income | $691,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
3 | $656,000 |
$218,000 | $266,000 |
$245,000 | $691,000 |
| Refinancing |
16 | $5,818,000 |
$363,000 | $2,235,000 |
$93,000 | $504,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
6 | $1,147,000 |
$191,000 | $417,000 |
$45,000 | $91,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $2,385,000 |
$1,192,000 | $2,235,000 |
$0 | $0 |
| Not Provided |
1 | $85,000 |
$85,000 | $85,000 |
$110,000 | $110,000 |
| White |
10 | $2,857,000 |
$285,000 | $680,000 |
$184,000 | $691,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
19 | $6,474,000 |
$340,000 | $2,235,000 |
$117,000 | $691,000 |
| 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 |
6 | $1,718,000 |
$286,000 | $680,000 |
$96,000 | $199,000 |
| Application Denied By Financial Institution |
7 | $1,505,000 |
$215,000 | $672,000 |
$102,000 | $504,000 |
| Application Withdrawn By Applicant |
1 | $300,000 |
$300,000 | $300,000 |
$57,000 | $57,000 |
| File Closed For Incompleteness |
1 | $150,000 |
$150,000 | $150,000 |
$37,000 | $37,000 |
| Loan Originated |
4 | $2,801,000 |
$700,000 | $2,235,000 |
$210,000 | $691,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $742,000 |
$371,000 | $672,000 |
$257,000 | $504,000 |
| Debt-To-Income Ratio |
4 | $650,000 |
$162,000 | $240,000 |
$39,000 | $53,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $113,000 |
$113,000 | $113,000 |
$44,000 | $44,000 |
| 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 COMMERCE BANK OF ARIZONA by:
Metropolitan Area And
County
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