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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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FIRST AMERICAN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST AMERICAN BANK |
| Address | 1650 LOUIS AVE
ELK GROVE VILLAGE, IL 60007 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,653 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $277,488,000 |
| Average Mortgage Loan Amount Applied For | $94,794 |
| Highest Mortgage Loan Amount Applied For | $5,500,000 |
| Average Applicant Income | $107,576 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement |
2,074 | $49,489,000 |
$23,000 | $2,426,000 |
$74,000 | $1,498,000 |
| Home Purchase |
838 | $97,045,000 |
$115,000 | $5,500,000 |
$100,000 | $6,000,000 |
| Refinancing |
1,892 | $161,079,000 |
$85,000 | $3,000,000 |
$90,000 | $700,000 |
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| American Indian or Alaskan Native |
16 | $954,000 |
$59,000 | $350,000 |
$78,000 | $161,000 |
| Asian |
142 | $10,966,000 |
$77,000 | $995,000 |
$85,000 | $392,000 |
| Black or African American |
870 | $26,515,000 |
$30,000 | $1,400,000 |
$61,000 | $700,000 |
| Hispanic |
525 | $34,579,000 |
$65,000 | $500,000 |
$76,000 | $6,000,000 |
| Native Hawaiin or Other Pacific Islander |
28 | $2,014,000 |
$71,000 | $400,000 |
$80,000 | $172,000 |
| Not applicable |
9 | $7,693,000 |
$854,000 | $2,426,000 |
$0 | $0 |
| Not Provided |
205 | $12,026,000 |
$58,000 | $435,000 |
$83,000 | $304,000 |
| White |
3,009 | $212,866,000 |
$70,000 | $5,500,000 |
$94,000 | $2,636,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,802 | $307,222,000 |
$63,000 | $5,500,000 |
$85,000 | $6,000,000 |
| FHA-insured (Federal Housing Administration) |
2 | $391,000 |
$195,000 | $219,000 |
$76,000 | $101,000 |
| 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 |
579 | $34,363,000 |
$59,000 | $1,850,000 |
$91,000 | $6,000,000 |
| Application Denied By Financial Institution |
1,132 | $63,342,000 |
$55,000 | $1,400,000 |
$67,000 | $700,000 |
| Application Withdrawn By Applicant |
115 | $9,925,000 |
$86,000 | $546,000 |
$81,000 | $265,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,828 | $170,126,000 |
$60,000 | $5,500,000 |
$91,000 | $2,636,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
77 | $17,908,000 |
$232,000 | $920,000 |
$84,000 | $720,000 |
| Preapproval Denied by Financial Institution |
73 | $11,949,000 |
$163,000 | $507,000 |
$57,000 | $190,000 |
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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 FIRST AMERICAN BANK by:
Metropolitan Area And
County
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