|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST WESTERN BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST WESTERN BANK |
| Address | 401 WEST WALNUT
ROGERS, AR 72756 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 269 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $37,584,000 |
| Average Mortgage Loan Amount Applied For | $162,533 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $49,866 |
| Highest Applicant Income | $1,500,000 |
|
|
|
| Home Improvement |
67 | $1,943,000 |
$29,000 | $900,000 |
$52,000 | $440,000 |
| Home Purchase |
148 | $25,848,000 |
$174,000 | $3,000,000 |
$80,000 | $1,500,000 |
| Refinancing |
54 | $9,793,000 |
$181,000 | $2,018,000 |
$49,000 | $136,000 |
|
|
| American Indian or Alaskan Native |
4 | $967,000 |
$241,000 | $525,000 |
$84,000 | $136,000 |
| Asian |
1 | $18,000 |
$18,000 | $18,000 |
$95,000 | $95,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
7 | $724,000 |
$103,000 | $300,000 |
$48,000 | $175,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
48 | $16,087,000 |
$335,000 | $2,200,000 |
$0 | $0 |
| Not Provided |
2 | $3,005,000 |
$1,502,000 | $3,000,000 |
$15,000 | $31,000 |
| White |
207 | $16,783,000 |
$81,000 | $804,000 |
$83,000 | $1,500,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
269 | $37,584,000 |
$139,000 | $3,000,000 |
$67,000 | $1,500,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
5 | $827,000 |
$165,000 | $176,000 |
$139,000 | $148,000 |
| Application Denied By Financial Institution |
30 | $4,807,000 |
$160,000 | $3,000,000 |
$42,000 | $212,000 |
| Application Withdrawn By Applicant |
32 | $5,500,000 |
$171,000 | $2,200,000 |
$41,000 | $135,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
202 | $26,450,000 |
$130,000 | $2,018,000 |
$73,000 | $1,500,000 |
| 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 |
|
|
| Collateral |
3 | $93,000 |
$31,000 | $38,000 |
$54,000 | $117,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
13 | $655,000 |
$50,000 | $361,000 |
$52,000 | $212,000 |
| Debt-To-Income Ratio |
8 | $3,471,000 |
$433,000 | $3,000,000 |
$24,000 | $41,000 |
| Employment History |
3 | $40,000 |
$13,000 | $35,000 |
$17,000 | $29,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $23,000 |
$11,000 | $20,000 |
$19,000 | $31,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRST WESTERN BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
