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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 COMMERCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST COMMERCIAL BANK |
| Address | 6945 N CLARK STREET
CHICAGO, IL 60626 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 57 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,996,000 |
| Average Mortgage Loan Amount Applied For | $341,750 |
| Highest Mortgage Loan Amount Applied For | $6,625,000 |
| Average Applicant Income | $122,500 |
| Highest Applicant Income | $508,000 |
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| Home Improvement |
11 | $4,602,000 |
$418,000 | $1,986,000 |
$16,000 | $99,000 |
| Home Purchase |
26 | $16,289,000 |
$626,000 | $2,536,000 |
$99,000 | $508,000 |
| Refinancing |
20 | $12,105,000 |
$605,000 | $6,625,000 |
$78,000 | $383,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $430,000 |
$430,000 | $430,000 |
$0 | $0 |
| Hispanic |
9 | $4,013,000 |
$445,000 | $1,986,000 |
$62,000 | $255,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
14 | $18,356,000 |
$1,311,000 | $6,625,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
33 | $10,197,000 |
$309,000 | $1,389,000 |
$114,000 | $508,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
57 | $32,996,000 |
$578,000 | $6,625,000 |
$75,000 | $508,000 |
| 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 |
3 | $2,172,000 |
$724,000 | $1,825,000 |
$53,000 | $100,000 |
| Application Withdrawn By Applicant |
3 | $2,746,000 |
$915,000 | $1,986,000 |
$62,000 | $99,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
51 | $28,078,000 |
$550,000 | $6,625,000 |
$78,000 | $508,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 COMMERCIAL BANK by:
Metropolitan Area And
County
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