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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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EXCHANGE STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
EXCHANGE STATE BANK |
| Address | 823 WHEELER STREET SUITE 32
AMES, IA 50010 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 103 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,451,000 |
| Average Mortgage Loan Amount Applied For | $101,545 |
| Highest Mortgage Loan Amount Applied For | $750,000 |
| Average Applicant Income | $52,909 |
| Highest Applicant Income | $370,000 |
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| Home Improvement |
8 | $386,000 |
$48,000 | $120,000 |
$50,000 | $132,000 |
| Home Purchase |
45 | $4,128,000 |
$91,000 | $298,000 |
$80,000 | $370,000 |
| Refinancing |
50 | $5,937,000 |
$118,000 | $750,000 |
$46,000 | $107,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $421,000 |
$210,000 | $256,000 |
$53,000 | $66,000 |
| Black or African American |
1 | $125,000 |
$125,000 | $125,000 |
$33,000 | $33,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $95,000 |
$95,000 | $95,000 |
$33,000 | $33,000 |
| Not applicable |
5 | $1,662,000 |
$332,000 | $670,000 |
$11,000 | $58,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
94 | $8,148,000 |
$86,000 | $750,000 |
$65,000 | $370,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
103 | $10,451,000 |
$101,000 | $750,000 |
$61,000 | $370,000 |
| 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 | $221,000 |
$110,000 | $116,000 |
$44,000 | $55,000 |
| Application Denied By Financial Institution |
6 | $93,000 |
$15,000 | $55,000 |
$32,000 | $46,000 |
| Application Withdrawn By Applicant |
1 | $185,000 |
$185,000 | $185,000 |
$93,000 | $93,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
94 | $9,952,000 |
$105,000 | $750,000 |
$63,000 | $370,000 |
| 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 EXCHANGE STATE BANK by:
Metropolitan Area And
County
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