|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
COSMOPOLITAN BANK AND TRUST
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
COSMOPOLITAN BANK AND TRUST |
| Address | 6100 N NORTHWEST HIGHWAY
CHICAGO, IL 60631 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 31 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,628,000 |
| Average Mortgage Loan Amount Applied For | $160,000 |
| Highest Mortgage Loan Amount Applied For | $1,200,000 |
| Average Applicant Income | $53,000 |
| Highest Applicant Income | $251,000 |
|
|
|
| Home Improvement |
18 | $2,894,000 |
$160,000 | $800,000 |
$49,000 | $251,000 |
| Home Purchase |
9 | $4,246,000 |
$471,000 | $1,200,000 |
$28,000 | $99,000 |
| Refinancing |
4 | $488,000 |
$122,000 | $375,000 |
$43,000 | $76,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
4 | $100,000 |
$25,000 | $50,000 |
$30,000 | $59,000 |
| Hispanic |
3 | $902,000 |
$300,000 | $375,000 |
$80,000 | $99,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $2,637,000 |
$527,000 | $800,000 |
$0 | $0 |
| Not Provided |
2 | $1,484,000 |
$742,000 | $1,200,000 |
$21,000 | $42,000 |
| White |
17 | $2,505,000 |
$147,000 | $700,000 |
$45,000 | $251,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
31 | $7,628,000 |
$246,000 | $1,200,000 |
$40,000 | $251,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
2 | $592,000 |
$296,000 | $342,000 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $1,275,000 |
$425,000 | $1,200,000 |
$33,000 | $58,000 |
| Application Withdrawn By Applicant |
1 | $284,000 |
$284,000 | $284,000 |
$42,000 | $42,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
25 | $5,477,000 |
$219,000 | $800,000 |
$49,000 | $251,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
3 | $1,275,000 |
$425,000 | $1,200,000 |
$33,000 | $58,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for COSMOPOLITAN BANK AND TRUST by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
