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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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FARMERS & MERCHANTS BANK OF LB
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARMERS & MERCHANTS BANK OF LB |
| Address | 302 PINE AVENUE
LONG BEACH, CA 90802 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 179 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $119,512,000 |
| Average Mortgage Loan Amount Applied For | $617,500 |
| Highest Mortgage Loan Amount Applied For | $8,500,000 |
| Average Applicant Income | $136,250 |
| Highest Applicant Income | $2,819,000 |
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| Home Improvement |
23 | $12,523,000 |
$544,000 | $8,200,000 |
$125,000 | $836,000 |
| Home Purchase |
70 | $60,557,000 |
$865,000 | $4,141,000 |
$202,000 | $2,819,000 |
| Refinancing |
86 | $46,432,000 |
$539,000 | $8,500,000 |
$115,000 | $540,000 |
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| American Indian or Alaskan Native |
2 | $180,000 |
$90,000 | $150,000 |
$104,000 | $133,000 |
| Asian |
11 | $5,680,000 |
$516,000 | $1,720,000 |
$119,000 | $687,000 |
| Black or African American |
1 | $50,000 |
$50,000 | $50,000 |
$12,000 | $12,000 |
| Hispanic |
14 | $3,165,000 |
$226,000 | $577,000 |
$65,000 | $134,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $1,116,000 |
$372,000 | $470,000 |
$24,000 | $74,000 |
| Not applicable |
34 | $48,064,000 |
$1,413,000 | $8,500,000 |
$23,000 | $814,000 |
| Not Provided |
21 | $10,880,000 |
$518,000 | $1,600,000 |
$268,000 | $2,819,000 |
| White |
93 | $50,377,000 |
$541,000 | $3,475,000 |
$193,000 | $1,380,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
179 | $119,512,000 |
$667,000 | $8,500,000 |
$150,000 | $2,819,000 |
| 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 |
9 | $3,646,000 |
$405,000 | $900,000 |
$122,000 | $350,000 |
| Application Denied By Financial Institution |
23 | $10,521,000 |
$457,000 | $2,600,000 |
$100,000 | $450,000 |
| Application Withdrawn By Applicant |
22 | $9,445,000 |
$429,000 | $1,680,000 |
$169,000 | $814,000 |
| File Closed For Incompleteness |
15 | $6,186,000 |
$412,000 | $1,720,000 |
$171,000 | $687,000 |
| Loan Originated |
110 | $89,714,000 |
$815,000 | $8,500,000 |
$156,000 | $2,819,000 |
| 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 FARMERS & MERCHANTS BANK OF LB by:
Metropolitan Area And
County
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