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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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EQUITABLE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
EQUITABLE BANK |
| Address | 633 S FEDERAL HIGHWAY
FT LAUDERDALE, FL 33301 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 29 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,952,000 |
| Average Mortgage Loan Amount Applied For | $1,296,166 |
| Highest Mortgage Loan Amount Applied For | $3,020,000 |
| Average Applicant Income | $15,500 |
| Highest Applicant Income | $352,000 |
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| Home Improvement |
5 | $113,000 |
$22,000 | $37,000 |
$62,000 | $97,000 |
| Home Purchase |
16 | $18,272,000 |
$1,142,000 | $3,020,000 |
$2,000 | $42,000 |
| Refinancing |
8 | $3,567,000 |
$445,000 | $1,050,000 |
$92,000 | $352,000 |
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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 |
2 | $366,000 |
$183,000 | $350,000 |
$35,000 | $50,000 |
| Hispanic |
3 | $77,000 |
$25,000 | $44,000 |
$39,000 | $74,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
16 | $18,215,000 |
$1,138,000 | $3,020,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
8 | $3,294,000 |
$411,000 | $1,982,000 |
$112,000 | $352,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
29 | $21,952,000 |
$756,000 | $3,020,000 |
$37,000 | $352,000 |
| 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 | $4,742,000 |
$790,000 | $1,700,000 |
$39,000 | $218,000 |
| Application Denied By Financial Institution |
3 | $1,812,000 |
$604,000 | $1,694,000 |
$37,000 | $71,000 |
| Application Withdrawn By Applicant |
1 | $1,982,000 |
$1,982,000 | $1,982,000 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
19 | $13,416,000 |
$706,000 | $3,020,000 |
$39,000 | $352,000 |
| 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 |
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 |
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Mortgage Loan App Totals for EQUITABLE BANK by:
Metropolitan Area And
County
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