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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 BANK AND TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST BANK AND TRUST |
| Address | 909 POYDRAS STREET, SUITE 100
NEW ORLEANS, LA 70112 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 81 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $28,423,000 |
| Average Mortgage Loan Amount Applied For | $278,888 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $111,222 |
| Highest Applicant Income | $480,000 |
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| Home Improvement |
4 | $1,000,000 |
$250,000 | $800,000 |
$112,000 | $232,000 |
| Home Purchase |
62 | $22,311,000 |
$359,000 | $2,500,000 |
$81,000 | $480,000 |
| Refinancing |
15 | $5,112,000 |
$340,000 | $1,280,000 |
$87,000 | $346,000 |
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| American Indian or Alaskan Native |
2 | $854,000 |
$427,000 | $816,000 |
$128,000 | $205,000 |
| Asian |
2 | $215,000 |
$107,000 | $140,000 |
$158,000 | $178,000 |
| Black or African American |
8 | $1,853,000 |
$231,000 | $767,000 |
$142,000 | $380,000 |
| Hispanic |
5 | $1,164,000 |
$232,000 | $600,000 |
$182,000 | $480,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
32 | $17,060,000 |
$533,000 | $2,500,000 |
$20,000 | $346,000 |
| Not Provided |
9 | $1,797,000 |
$199,000 | $660,000 |
$103,000 | $196,000 |
| White |
23 | $5,480,000 |
$238,000 | $1,200,000 |
$112,000 | $416,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
81 | $28,423,000 |
$350,000 | $2,500,000 |
$84,000 | $480,000 |
| 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 | $150,000 |
$75,000 | $100,000 |
$81,000 | $84,000 |
| Application Denied By Financial Institution |
5 | $590,000 |
$118,000 | $230,000 |
$56,000 | $140,000 |
| Application Withdrawn By Applicant |
2 | $457,000 |
$228,000 | $350,000 |
$84,000 | $140,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
72 | $27,226,000 |
$378,000 | $2,500,000 |
$86,000 | $480,000 |
| 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 | $230,000 |
$230,000 | $230,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $210,000 |
$105,000 | $150,000 |
$87,000 | $140,000 |
| Debt-To-Income Ratio |
1 | $38,000 |
$38,000 | $38,000 |
$52,000 | $52,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST BANK AND TRUST by:
Metropolitan Area And
County
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