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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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FIRST FEDERAL BANK OF LOUISIAN
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL BANK OF LOUISIAN |
| Address | 1135 LAKESHORE DRIVE
LAKE CHARLES, LA 70601 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 1,053 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $114,920,000 |
| Average Mortgage Loan Amount Applied For | $130,000 |
| Highest Mortgage Loan Amount Applied For | $2,900,000 |
| Average Applicant Income | $127,894 |
| Highest Applicant Income | $1,922,000 |
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| Home Improvement |
222 | $7,625,000 |
$34,000 | $293,000 |
$80,000 | $552,000 |
| Home Purchase |
815 | $105,998,000 |
$130,000 | $900,000 |
$78,000 | $1,922,000 |
| Refinancing |
176 | $18,639,000 |
$105,000 | $2,900,000 |
$69,000 | $1,055,000 |
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| American Indian or Alaskan Native |
3 | $317,000 |
$105,000 | $178,000 |
$62,000 | $96,000 |
| Asian |
23 | $4,328,000 |
$188,000 | $600,000 |
$114,000 | $564,000 |
| Black or African American |
180 | $16,182,000 |
$89,000 | $413,000 |
$56,000 | $191,000 |
| Hispanic |
8 | $784,000 |
$98,000 | $150,000 |
$49,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $300,000 |
$75,000 | $124,000 |
$48,000 | $60,000 |
| Not applicable |
36 | $9,259,000 |
$257,000 | $2,900,000 |
$0 | $0 |
| Not Provided |
3 | $451,000 |
$150,000 | $250,000 |
$64,000 | $84,000 |
| White |
956 | $100,641,000 |
$105,000 | $900,000 |
$83,000 | $1,922,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,091 | $119,013,000 |
$109,000 | $2,900,000 |
$81,000 | $1,922,000 |
| FHA-insured (Federal Housing Administration) |
21 | $1,905,000 |
$90,000 | $139,000 |
$39,000 | $83,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
71 | $7,318,000 |
$103,000 | $200,000 |
$38,000 | $72,000 |
| VA-guaranteed (Veterans Administration) |
30 | $4,026,000 |
$134,000 | $413,000 |
$55,000 | $123,000 |
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| Application Approved But Not Accepted |
67 | $7,062,000 |
$105,000 | $321,000 |
$75,000 | $244,000 |
| Application Denied By Financial Institution |
134 | $15,171,000 |
$113,000 | $568,000 |
$60,000 | $337,000 |
| Application Withdrawn By Applicant |
25 | $5,620,000 |
$224,000 | $2,900,000 |
$65,000 | $174,000 |
| File Closed For Incompleteness |
4 | $495,000 |
$123,000 | $200,000 |
$77,000 | $88,000 |
| Loan Originated |
823 | $86,572,000 |
$105,000 | $900,000 |
$86,000 | $1,922,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
37 | $4,268,000 |
$115,000 | $215,000 |
$58,000 | $239,000 |
| Preapproval Denied by Financial Institution |
123 | $13,074,000 |
$106,000 | $413,000 |
$41,000 | $100,000 |
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| Collateral |
17 | $2,039,000 |
$119,000 | $250,000 |
$65,000 | $116,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
85 | $7,606,000 |
$89,000 | $293,000 |
$49,000 | $170,000 |
| Debt-To-Income Ratio |
128 | $15,431,000 |
$120,000 | $568,000 |
$46,000 | $261,000 |
| Employment History |
6 | $537,000 |
$89,000 | $124,000 |
$45,000 | $100,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
7 | $745,000 |
$106,000 | $228,000 |
$60,000 | $98,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
14 | $1,887,000 |
$134,000 | $376,000 |
$85,000 | $337,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST FEDERAL BANK OF LOUISIAN by:
Metropolitan Area And
County
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