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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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EXCEL BANK MINNESOTA
Mortgage Loans and Application Details
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| Mortgage Company Name |
EXCEL BANK MINNESOTA |
| Address | 50 SOUTH SIXTH STREET, SUITE 1000
MINNEAPOLIS, MN 55402 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 10 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $14,166,000 |
| Average Mortgage Loan Amount Applied For | $1,513,800 |
| Highest Mortgage Loan Amount Applied For | $10,303,000 |
| Average Applicant Income | $28,600 |
| Highest Applicant Income | $173,000 |
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| Home Improvement |
3 | $1,050,000 |
$350,000 | $1,000,000 |
$96,000 | $173,000 |
| Home Purchase |
7 | $13,116,000 |
$1,873,000 | $10,303,000 |
$18,000 | $93,000 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $14,047,000 |
$2,341,000 | $10,303,000 |
$0 | $0 |
| Not Provided |
1 | $35,000 |
$35,000 | $35,000 |
$173,000 | $173,000 |
| White |
3 | $84,000 |
$28,000 | $41,000 |
$80,000 | $115,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
10 | $14,166,000 |
$1,416,000 | $10,303,000 |
$41,000 | $173,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $28,000 |
$28,000 | $28,000 |
$93,000 | $93,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
9 | $14,138,000 |
$1,570,000 | $10,303,000 |
$35,000 | $173,000 |
| 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 |
1 | $28,000 |
$28,000 | $28,000 |
$93,000 | $93,000 |
| 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 |
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Mortgage Loan App Totals for EXCEL BANK MINNESOTA by:
Metropolitan Area And
County
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