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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 FEDERAL BANK OF CA
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL BANK OF CA |
| Address | 401 WILSHIRE BOULEVARD, SUITE 300
SANTA MONICA, CA 90401 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 9,483 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,458,272,000 |
| Average Mortgage Loan Amount Applied For | $377,178 |
| Highest Mortgage Loan Amount Applied For | $19,500,000 |
| Average Applicant Income | $113,821 |
| Highest Applicant Income | $5,526,000 |
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| Home Improvement |
936 | $399,826,000 |
$427,000 | $1,950,000 |
$112,000 | $1,080,000 |
| Home Purchase |
1,255 | $661,921,000 |
$527,000 | $19,500,000 |
$155,000 | $5,526,000 |
| Refinancing |
7,327 | $3,414,286,000 |
$465,000 | $6,240,000 |
$131,000 | $4,524,000 |
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| American Indian or Alaskan Native |
25 | $9,963,000 |
$398,000 | $1,000,000 |
$149,000 | $472,000 |
| Asian |
1,389 | $678,122,000 |
$488,000 | $2,700,000 |
$131,000 | $4,524,000 |
| Black or African American |
780 | $325,519,000 |
$417,000 | $1,500,000 |
$124,000 | $2,690,000 |
| Hispanic |
2,498 | $980,414,000 |
$392,000 | $2,600,000 |
$104,000 | $2,640,000 |
| Native Hawaiin or Other Pacific Islander |
190 | $86,186,000 |
$453,000 | $975,000 |
$119,000 | $352,000 |
| Not applicable |
217 | $230,583,000 |
$1,062,000 | $19,500,000 |
$37,000 | $784,000 |
| Not Provided |
1,429 | $649,041,000 |
$454,000 | $2,700,000 |
$129,000 | $1,800,000 |
| White |
2,990 | $1,516,205,000 |
$507,000 | $5,600,000 |
$168,000 | $5,526,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
9,518 | $4,476,033,000 |
$470,000 | $19,500,000 |
$132,000 | $5,526,000 |
| 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 |
991 | $450,201,000 |
$454,000 | $4,193,000 |
$116,000 | $2,786,000 |
| Application Denied By Financial Institution |
3,518 | $1,680,638,000 |
$477,000 | $5,600,000 |
$148,000 | $5,526,000 |
| Application Withdrawn By Applicant |
200 | $115,151,000 |
$575,000 | $19,500,000 |
$129,000 | $780,000 |
| File Closed For Incompleteness |
139 | $67,868,000 |
$488,000 | $3,000,000 |
$130,000 | $736,000 |
| Loan Originated |
4,653 | $2,153,675,000 |
$462,000 | $6,240,000 |
$124,000 | $3,231,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
12 | $5,558,000 |
$463,000 | $880,000 |
$82,000 | $227,000 |
| Preapproval Denied by Financial Institution |
5 | $2,942,000 |
$588,000 | $1,032,000 |
$167,000 | $420,000 |
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| Collateral |
849 | $400,030,000 |
$471,000 | $3,050,000 |
$152,000 | $5,526,000 |
| Credit Application Incomplete |
1,125 | $522,898,000 |
$464,000 | $2,600,000 |
$144,000 | $4,524,000 |
| Credit History |
462 | $206,988,000 |
$448,000 | $2,400,000 |
$130,000 | $1,020,000 |
| Debt-To-Income Ratio |
369 | $176,866,000 |
$479,000 | $3,475,000 |
$138,000 | $1,256,000 |
| Employment History |
24 | $12,634,000 |
$526,000 | $1,200,000 |
$160,000 | $420,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
249 | $143,912,000 |
$577,000 | $5,600,000 |
$194,000 | $1,980,000 |
| Mortgage Insurance Denied |
2 | $686,000 |
$343,000 | $450,000 |
$88,000 | $104,000 |
| Other |
24 | $16,738,000 |
$697,000 | $5,363,000 |
$137,000 | $474,000 |
| Unverifiable Information |
419 | $202,828,000 |
$484,000 | $2,000,000 |
$154,000 | $1,536,000 |
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Mortgage Loan App Totals for FIRST FEDERAL BANK OF CA by:
Metropolitan Area And
County
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