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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 MIDWEST BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST MIDWEST BANK |
| Address | 220 WEST MAIN STREET, SUITE 305
MORRIS, IL 60450 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,577 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $216,881,000 |
| Average Mortgage Loan Amount Applied For | $163,142 |
| Highest Mortgage Loan Amount Applied For | $23,724,000 |
| Average Applicant Income | $78,471 |
| Highest Applicant Income | $1,608,000 |
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| Home Improvement |
1,066 | $19,598,000 |
$18,000 | $350,000 |
$57,000 | $780,000 |
| Home Purchase |
390 | $51,396,000 |
$131,000 | $1,560,000 |
$75,000 | $1,608,000 |
| Refinancing |
1,128 | $146,529,000 |
$129,000 | $23,724,000 |
$70,000 | $912,000 |
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| American Indian or Alaskan Native |
20 | $726,000 |
$36,000 | $490,000 |
$41,000 | $94,000 |
| Asian |
44 | $7,687,000 |
$174,000 | $1,424,000 |
$122,000 | $1,608,000 |
| Black or African American |
227 | $8,438,000 |
$37,000 | $700,000 |
$51,000 | $525,000 |
| Hispanic |
330 | $20,757,000 |
$62,000 | $4,600,000 |
$51,000 | $306,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $67,000 |
$33,000 | $37,000 |
$86,000 | $118,000 |
| Not applicable |
178 | $55,477,000 |
$311,000 | $23,724,000 |
$0 | $0 |
| Not Provided |
375 | $18,584,000 |
$49,000 | $1,000,000 |
$79,000 | $780,000 |
| White |
1,408 | $105,787,000 |
$75,000 | $9,263,000 |
$74,000 | $1,080,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,584 | $217,523,000 |
$84,000 | $23,724,000 |
$65,000 | $1,608,000 |
| 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 |
452 | $27,235,000 |
$60,000 | $1,000,000 |
$74,000 | $438,000 |
| Application Denied By Financial Institution |
757 | $25,562,000 |
$33,000 | $2,300,000 |
$48,000 | $780,000 |
| Application Withdrawn By Applicant |
31 | $4,529,000 |
$146,000 | $500,000 |
$90,000 | $912,000 |
| File Closed For Incompleteness |
13 | $1,881,000 |
$144,000 | $400,000 |
$73,000 | $310,000 |
| Loan Originated |
1,331 | $158,316,000 |
$118,000 | $23,724,000 |
$71,000 | $1,608,000 |
| 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 |
49 | $4,607,000 |
$94,000 | $2,300,000 |
$58,000 | $193,000 |
| Credit Application Incomplete |
4 | $604,000 |
$151,000 | $392,000 |
$103,000 | $360,000 |
| Credit History |
346 | $7,764,000 |
$22,000 | $280,000 |
$50,000 | $780,000 |
| Debt-To-Income Ratio |
333 | $11,828,000 |
$35,000 | $320,000 |
$44,000 | $306,000 |
| 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 |
20 | $711,000 |
$35,000 | $200,000 |
$37,000 | $150,000 |
| Unverifiable Information |
5 | $48,000 |
$9,000 | $15,000 |
$37,000 | $60,000 |
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Mortgage Loan App Totals for FIRST MIDWEST BANK by:
Metropolitan Area And
County
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