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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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DEVON BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
DEVON BANK |
| Address | 6445 N. WESTERN AVE.
CHICAGO, IL 60645 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 223 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $55,444,000 |
| Average Mortgage Loan Amount Applied For | $334,530 |
| Highest Mortgage Loan Amount Applied For | $4,900,000 |
| Average Applicant Income | $94,755 |
| Highest Applicant Income | $608,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
176 | $35,666,000 |
$202,000 | $2,000,000 |
$55,000 | $395,000 |
| Refinancing |
47 | $19,778,000 |
$420,000 | $4,900,000 |
$82,000 | $608,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
105 | $27,612,000 |
$262,000 | $4,900,000 |
$90,000 | $395,000 |
| Black or African American |
9 | $1,599,000 |
$177,000 | $270,000 |
$54,000 | $109,000 |
| Hispanic |
3 | $967,000 |
$322,000 | $550,000 |
$76,000 | $108,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
69 | $10,793,000 |
$156,000 | $2,000,000 |
$0 | $0 |
| Not Provided |
4 | $537,000 |
$134,000 | $148,000 |
$75,000 | $106,000 |
| White |
33 | $13,936,000 |
$422,000 | $3,050,000 |
$97,000 | $608,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
223 | $55,444,000 |
$248,000 | $4,900,000 |
$61,000 | $608,000 |
| 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 |
2 | $523,000 |
$261,000 | $365,000 |
$110,000 | $141,000 |
| Application Denied By Financial Institution |
10 | $2,251,000 |
$225,000 | $385,000 |
$48,000 | $106,000 |
| Application Withdrawn By Applicant |
16 | $3,949,000 |
$246,000 | $750,000 |
$122,000 | $395,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
195 | $48,721,000 |
$249,000 | $4,900,000 |
$56,000 | $608,000 |
| 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 |
1 | $110,000 |
$110,000 | $110,000 |
$106,000 | $106,000 |
| Debt-To-Income Ratio |
8 | $2,007,000 |
$250,000 | $385,000 |
$42,000 | $90,000 |
| 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 | $134,000 |
$134,000 | $134,000 |
$40,000 | $40,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for DEVON BANK by:
Metropolitan Area And
County
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