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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 | 4110 KELL BOULEVARD
WICHITA FALLS, TX 76309 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 478 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $41,940,000 |
| Average Mortgage Loan Amount Applied For | $117,636 |
| Highest Mortgage Loan Amount Applied For | $396,000 |
| Average Applicant Income | $53,909 |
| Highest Applicant Income | $272,000 |
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| Home Improvement |
23 | $572,000 |
$24,000 | $115,000 |
$71,000 | $150,000 |
| Home Purchase |
400 | $36,362,000 |
$90,000 | $396,000 |
$58,000 | $268,000 |
| Refinancing |
62 | $5,912,000 |
$95,000 | $380,000 |
$67,000 | $272,000 |
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| American Indian or Alaskan Native |
6 | $347,000 |
$57,000 | $102,000 |
$41,000 | $60,000 |
| Asian |
3 | $260,000 |
$86,000 | $101,000 |
$82,000 | $120,000 |
| Black or African American |
7 | $378,000 |
$54,000 | $124,000 |
$43,000 | $61,000 |
| Hispanic |
38 | $1,891,000 |
$49,000 | $155,000 |
$46,000 | $142,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $124,000 |
$124,000 | $124,000 |
$96,000 | $96,000 |
| Not applicable |
54 | $4,181,000 |
$77,000 | $215,000 |
$4,000 | $268,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
376 | $35,665,000 |
$94,000 | $396,000 |
$70,000 | $272,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
410 | $36,312,000 |
$88,000 | $396,000 |
$62,000 | $272,000 |
| FHA-insured (Federal Housing Administration) |
53 | $3,946,000 |
$74,000 | $192,000 |
$46,000 | $158,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
22 | $2,588,000 |
$117,000 | $266,000 |
$62,000 | $142,000 |
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| Application Approved But Not Accepted |
30 | $2,516,000 |
$83,000 | $200,000 |
$65,000 | $157,000 |
| Application Denied By Financial Institution |
4 | $230,000 |
$57,000 | $144,000 |
$50,000 | $102,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
1 | $63,000 |
$63,000 | $63,000 |
$50,000 | $50,000 |
| Loan Originated |
450 | $40,037,000 |
$88,000 | $396,000 |
$60,000 | $272,000 |
| 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 |
3 | $86,000 |
$28,000 | $39,000 |
$48,000 | $102,000 |
| Debt-To-Income Ratio |
1 | $144,000 |
$144,000 | $144,000 |
$55,000 | $55,000 |
| 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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