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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 & TRUST, NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST BANK & TRUST, NA |
| Address | 133 SOUTH MAIN AVE
SIOUX FALLS, SD 57104 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 698 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $90,260,000 |
| Average Mortgage Loan Amount Applied For | $123,600 |
| Highest Mortgage Loan Amount Applied For | $949,000 |
| Average Applicant Income | $87,866 |
| Highest Applicant Income | $478,000 |
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| Home Improvement |
29 | $1,496,000 |
$51,000 | $208,000 |
$66,000 | $144,000 |
| Home Purchase |
531 | $73,031,000 |
$137,000 | $880,000 |
$72,000 | $478,000 |
| Refinancing |
140 | $15,803,000 |
$112,000 | $949,000 |
$72,000 | $240,000 |
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| American Indian or Alaskan Native |
2 | $243,000 |
$121,000 | $140,000 |
$41,000 | $53,000 |
| Asian |
5 | $705,000 |
$141,000 | $233,000 |
$68,000 | $166,000 |
| Black or African American |
3 | $419,000 |
$139,000 | $143,000 |
$50,000 | $61,000 |
| Hispanic |
7 | $661,000 |
$94,000 | $175,000 |
$41,000 | $64,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $186,000 |
$93,000 | $156,000 |
$116,000 | $203,000 |
| Not Provided |
5 | $997,000 |
$199,000 | $600,000 |
$58,000 | $109,000 |
| White |
676 | $87,119,000 |
$128,000 | $949,000 |
$72,000 | $478,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
586 | $77,229,000 |
$131,000 | $949,000 |
$78,000 | $478,000 |
| FHA-insured (Federal Housing Administration) |
31 | $3,481,000 |
$112,000 | $175,000 |
$49,000 | $86,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
70 | $7,434,000 |
$106,000 | $180,000 |
$38,000 | $68,000 |
| VA-guaranteed (Veterans Administration) |
13 | $2,186,000 |
$168,000 | $351,000 |
$53,000 | $101,000 |
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| Application Approved But Not Accepted |
41 | $6,860,000 |
$167,000 | $949,000 |
$79,000 | $240,000 |
| Application Denied By Financial Institution |
32 | $3,935,000 |
$122,000 | $600,000 |
$37,000 | $87,000 |
| Application Withdrawn By Applicant |
9 | $1,998,000 |
$222,000 | $547,000 |
$73,000 | $164,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
617 | $77,330,000 |
$125,000 | $880,000 |
$73,000 | $478,000 |
| Loan Purchased By The Institution |
1 | $207,000 |
$207,000 | $207,000 |
$50,000 | $50,000 |
| 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 |
4 | $517,000 |
$129,000 | $212,000 |
$52,000 | $75,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
13 | $1,282,000 |
$98,000 | $188,000 |
$38,000 | $63,000 |
| Debt-To-Income Ratio |
11 | $1,154,000 |
$104,000 | $269,000 |
$43,000 | $87,000 |
| Employment History |
1 | $250,000 |
$250,000 | $250,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $600,000 |
$600,000 | $600,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $132,000 |
$66,000 | $127,000 |
$4,000 | $8,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST BANK & TRUST, NA by:
Metropolitan Area And
County
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