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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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FAR EAST NATIONAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FAR EAST NATIONAL BANK |
| Address | 977 N. BROADWAY SUITE 208
LOS ANGELES, CA 90012 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 69 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $82,925,000 |
| Average Mortgage Loan Amount Applied For | $1,537,454 |
| Highest Mortgage Loan Amount Applied For | $10,000,000 |
| Average Applicant Income | $124,727 |
| Highest Applicant Income | $4,190,000 |
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| Home Improvement |
7 | $11,038,000 |
$1,576,000 | $10,000,000 |
$75,000 | $192,000 |
| Home Purchase |
40 | $55,159,000 |
$1,378,000 | $7,500,000 |
$229,000 | $4,190,000 |
| Refinancing |
22 | $16,728,000 |
$760,000 | $5,200,000 |
$82,000 | $256,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
31 | $22,055,000 |
$711,000 | $5,500,000 |
$310,000 | $4,190,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $45,000 |
$45,000 | $45,000 |
$105,000 | $105,000 |
| Not applicable |
20 | $43,907,000 |
$2,195,000 | $10,000,000 |
$1,000 | $36,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
17 | $16,918,000 |
$995,000 | $5,200,000 |
$103,000 | $645,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
69 | $82,925,000 |
$1,201,000 | $10,000,000 |
$166,000 | $4,190,000 |
| 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 | $2,240,000 |
$1,120,000 | $1,240,000 |
$322,000 | $645,000 |
| Application Denied By Financial Institution |
6 | $20,286,000 |
$3,381,000 | $10,000,000 |
$44,000 | $192,000 |
| Application Withdrawn By Applicant |
12 | $9,047,000 |
$753,000 | $1,715,000 |
$60,000 | $256,000 |
| File Closed For Incompleteness |
2 | $5,742,000 |
$2,871,000 | $5,200,000 |
$72,000 | $144,000 |
| Loan Originated |
47 | $45,610,000 |
$970,000 | $6,000,000 |
$207,000 | $4,190,000 |
| 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 |
1 | $10,000,000 |
$10,000,000 | $10,000,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $686,000 |
$686,000 | $686,000 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $200,000 |
$200,000 | $200,000 |
$72,000 | $72,000 |
| 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 |
3 | $9,400,000 |
$3,133,000 | $7,500,000 |
$64,000 | $192,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FAR EAST NATIONAL BANK by:
Metropolitan Area And
County
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