|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
DESERT COMMUNITY BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
DESERT COMMUNITY BANK |
| Address | 12530 HESPERIA ROAD
VICTORVILLE, CA 92392 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 189 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $47,906,000 |
| Average Mortgage Loan Amount Applied For | $313,750 |
| Highest Mortgage Loan Amount Applied For | $850,000 |
| Average Applicant Income | $80,000 |
| Highest Applicant Income | $397,000 |
|
|
|
| Home Improvement |
35 | $5,920,000 |
$169,000 | $520,000 |
$93,000 | $360,000 |
| Home Purchase |
117 | $33,680,000 |
$287,000 | $850,000 |
$97,000 | $325,000 |
| Refinancing |
37 | $8,306,000 |
$224,000 | $514,000 |
$106,000 | $397,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
6 | $1,753,000 |
$292,000 | $520,000 |
$141,000 | $240,000 |
| Black or African American |
4 | $1,297,000 |
$324,000 | $415,000 |
$78,000 | $126,000 |
| Hispanic |
37 | $9,397,000 |
$253,000 | $493,000 |
$98,000 | $360,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $433,000 |
$216,000 | $300,000 |
$171,000 | $293,000 |
| Not applicable |
2 | $546,000 |
$273,000 | $306,000 |
$0 | $0 |
| Not Provided |
2 | $394,000 |
$197,000 | $220,000 |
$123,000 | $127,000 |
| White |
136 | $34,086,000 |
$250,000 | $850,000 |
$96,000 | $397,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
188 | $47,576,000 |
$253,000 | $850,000 |
$98,000 | $397,000 |
| FHA-insured (Federal Housing Administration) |
1 | $330,000 |
$330,000 | $330,000 |
$146,000 | $146,000 |
| 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 |
6 | $1,331,000 |
$221,000 | $409,000 |
$70,000 | $114,000 |
| Application Denied By Financial Institution |
9 | $2,461,000 |
$273,000 | $565,000 |
$97,000 | $240,000 |
| Application Withdrawn By Applicant |
17 | $4,781,000 |
$281,000 | $480,000 |
$109,000 | $293,000 |
| File Closed For Incompleteness |
3 | $500,000 |
$166,000 | $360,000 |
$73,000 | $156,000 |
| Loan Originated |
154 | $38,833,000 |
$252,000 | $850,000 |
$98,000 | $397,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 DESERT COMMUNITY BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
