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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 | 1630 22ND ST
WEST DES MOINES, IA 50266 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 82 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,847,000 |
| Average Mortgage Loan Amount Applied For | $87,125 |
| Highest Mortgage Loan Amount Applied For | $750,000 |
| Average Applicant Income | $301,875 |
| Highest Applicant Income | $1,911,000 |
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| Home Improvement |
24 | $405,000 |
$16,000 | $140,000 |
$61,000 | $157,000 |
| Home Purchase |
46 | $3,999,000 |
$86,000 | $287,000 |
$80,000 | $1,911,000 |
| Refinancing |
12 | $1,443,000 |
$120,000 | $750,000 |
$105,000 | $262,000 |
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| American Indian or Alaskan Native |
1 | $11,000 |
$11,000 | $11,000 |
$69,000 | $69,000 |
| Asian |
3 | $200,000 |
$66,000 | $130,000 |
$28,000 | $47,000 |
| Black or African American |
1 | $17,000 |
$17,000 | $17,000 |
$45,000 | $45,000 |
| Hispanic |
2 | $9,000 |
$4,000 | $7,000 |
$50,000 | $51,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
24 | $2,564,000 |
$106,000 | $750,000 |
$0 | $0 |
| Not Provided |
1 | $120,000 |
$120,000 | $120,000 |
$77,000 | $77,000 |
| White |
50 | $2,926,000 |
$58,000 | $287,000 |
$121,000 | $1,911,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
82 | $5,847,000 |
$71,000 | $750,000 |
$78,000 | $1,911,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
4 | $344,000 |
$86,000 | $130,000 |
$18,000 | $36,000 |
| Application Withdrawn By Applicant |
4 | $304,000 |
$76,000 | $120,000 |
$103,000 | $262,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
74 | $5,199,000 |
$70,000 | $750,000 |
$80,000 | $1,911,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $63,000 |
$63,000 | $63,000 |
$36,000 | $36,000 |
| Debt-To-Income Ratio |
2 | $251,000 |
$125,000 | $130,000 |
$11,000 | $22,000 |
| 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 by:
Metropolitan Area And
County
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