|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
EFS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
EFS BANK |
| Address | 1695 LARKIN AVE
ELGIN, IL 60123 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 964 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $233,311,000 |
| Average Mortgage Loan Amount Applied For | $187,366 |
| Highest Mortgage Loan Amount Applied For | $25,541,000 |
| Average Applicant Income | $112,000 |
| Highest Applicant Income | $1,541,000 |
|
|
|
| Home Improvement |
22 | $3,300,000 |
$150,000 | $357,000 |
$51,000 | $114,000 |
| Home Purchase |
648 | $177,473,000 |
$230,000 | $25,541,000 |
$117,750 | $1,541,000 |
| Refinancing |
294 | $52,538,000 |
$266,333 | $975,000 |
$139,666 | $480,000 |
|
|
| American Indian or Alaskan Native |
3 | $509,000 |
$169,000 | $253,000 |
$65,000 | $73,000 |
| Asian |
28 | $6,664,000 |
$222,000 | $436,000 |
$77,500 | $204,000 |
| Black or African American |
33 | $6,509,000 |
$189,000 | $399,000 |
$93,500 | $185,000 |
| Hispanic |
116 | $46,575,000 |
$330,000 | $25,541,000 |
$80,000 | $290,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $950,000 |
$316,000 | $364,000 |
$107,000 | $133,000 |
| Not applicable |
28 | $5,991,000 |
$213,000 | $1,000,000 |
$0 | $0 |
| Not Provided |
5 | $1,854,000 |
$370,000 | $1,155,000 |
$85,000 | $296,000 |
| White |
748 | $164,259,000 |
$244,200 | $5,675,000 |
$124,600 | $1,541,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
964 | $233,311,000 |
$245,600 | $25,541,000 |
$118,600 | $1,541,000 |
| 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 |
21 | $5,589,000 |
$266,000 | $1,500,000 |
$120,000 | $580,000 |
| Application Denied By Financial Institution |
32 | $6,609,000 |
$206,000 | $1,550,000 |
$42,000 | $109,000 |
| Application Withdrawn By Applicant |
34 | $7,035,000 |
$206,000 | $1,155,000 |
$63,000 | $185,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
577 | $121,942,000 |
$251,666 | $5,675,000 |
$144,333 | $834,000 |
| Loan Purchased By The Institution |
300 | $92,136,000 |
$230,000 | $25,541,000 |
$86,000 | $1,541,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
3 | $683,000 |
$227,000 | $288,000 |
$69,000 | $109,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $1,559,000 |
$141,000 | $196,000 |
$50,000 | $94,000 |
| Debt-To-Income Ratio |
17 | $4,292,000 |
$252,000 | $1,550,000 |
$35,000 | $64,000 |
| Employment History |
1 | $75,000 |
$75,000 | $75,000 |
$24,000 | $24,000 |
| 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 EFS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
