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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
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST BANK |
| Address | 1021 SUPERIOR AVENUE BOX 810
TOMAH, WI 54660 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 160 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,924,000 |
| Average Mortgage Loan Amount Applied For | $93,818 |
| Highest Mortgage Loan Amount Applied For | $315,000 |
| Average Applicant Income | $65,090 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
25 | $1,339,000 |
$53,000 | $154,000 |
$57,000 | $90,000 |
| Home Purchase |
49 | $3,874,000 |
$79,000 | $315,000 |
$64,000 | $128,000 |
| Refinancing |
86 | $6,711,000 |
$78,000 | $265,000 |
$56,000 | $1,800,000 |
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| American Indian or Alaskan Native |
1 | $150,000 |
$150,000 | $150,000 |
$89,000 | $89,000 |
| Asian |
1 | $130,000 |
$130,000 | $130,000 |
$128,000 | $128,000 |
| Black or African American |
1 | $52,000 |
$52,000 | $52,000 |
$45,000 | $45,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
4 | $256,000 |
$64,000 | $138,000 |
$55,000 | $89,000 |
| White |
153 | $11,336,000 |
$74,000 | $315,000 |
$57,000 | $1,800,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
160 | $11,924,000 |
$74,000 | $315,000 |
$59,000 | $1,800,000 |
| 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 |
1 | $72,000 |
$72,000 | $72,000 |
$51,000 | $51,000 |
| Application Denied By Financial Institution |
25 | $2,051,000 |
$82,000 | $154,000 |
$63,000 | $128,000 |
| Application Withdrawn By Applicant |
19 | $1,421,000 |
$74,000 | $152,000 |
$42,000 | $89,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
115 | $8,380,000 |
$72,000 | $315,000 |
$63,000 | $1,800,000 |
| 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 |
3 | $235,000 |
$78,000 | $145,000 |
$55,000 | $70,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $1,311,000 |
$87,000 | $154,000 |
$60,000 | $89,000 |
| Debt-To-Income Ratio |
3 | $229,000 |
$76,000 | $124,000 |
$73,000 | $109,000 |
| Employment History |
1 | $55,000 |
$55,000 | $55,000 |
$29,000 | $29,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $91,000 |
$45,000 | $65,000 |
$55,000 | $63,000 |
| Unverifiable Information |
1 | $130,000 |
$130,000 | $130,000 |
$128,000 | $128,000 |
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Mortgage Loan App Totals for FIRST BANK by:
Metropolitan Area And
County
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