|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST AMERICAN BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST AMERICAN BANK |
| Address | 1207 CENTRAL AVENUE
FORT DODGE, IA 50501 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 970 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $60,171,000 |
| Average Mortgage Loan Amount Applied For | $91,800 |
| Highest Mortgage Loan Amount Applied For | $868,000 |
| Average Applicant Income | $82,100 |
| Highest Applicant Income | $972,000 |
|
|
|
| Home Improvement |
544 | $3,224,000 |
$5,000 | $95,000 |
$56,000 | $434,000 |
| Home Purchase |
277 | $39,506,000 |
$142,000 | $868,000 |
$92,000 | $972,000 |
| Refinancing |
149 | $17,441,000 |
$117,000 | $625,000 |
$71,000 | $650,000 |
|
|
| American Indian or Alaskan Native |
2 | $33,000 |
$16,000 | $23,000 |
$71,000 | $132,000 |
| Asian |
8 | $1,298,000 |
$162,000 | $624,000 |
$285,000 | $730,000 |
| Black or African American |
15 | $270,000 |
$18,000 | $166,000 |
$48,000 | $130,000 |
| Hispanic |
19 | $905,000 |
$47,000 | $222,000 |
$51,000 | $125,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $120,000 |
$40,000 | $112,000 |
$69,000 | $85,000 |
| Not applicable |
7 | $1,497,000 |
$213,000 | $540,000 |
$0 | $0 |
| Not Provided |
66 | $3,556,000 |
$53,000 | $417,000 |
$69,000 | $672,000 |
| White |
850 | $52,492,000 |
$61,000 | $868,000 |
$68,000 | $972,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
970 | $60,171,000 |
$62,000 | $868,000 |
$69,000 | $972,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
59 | $1,499,000 |
$25,000 | $480,000 |
$63,000 | $201,000 |
| Application Denied By Financial Institution |
281 | $4,150,000 |
$14,000 | $325,000 |
$37,000 | $196,000 |
| Application Withdrawn By Applicant |
65 | $10,096,000 |
$155,000 | $417,000 |
$36,000 | $560,000 |
| File Closed For Incompleteness |
6 | $101,000 |
$16,000 | $70,000 |
$166,000 | $434,000 |
| Loan Originated |
559 | $44,325,000 |
$79,000 | $868,000 |
$88,000 | $972,000 |
| 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 |
|
|
| 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 |
|
Mortgage Loan App Totals for FIRST AMERICAN BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
