|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRSTBANK OF EL PASO COUNTY
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRSTBANK OF EL PASO COUNTY |
| Address | 5815 CONSTITUTION AVENUE
COLORADO SPRINGS, CO 80915 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 85 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,710,000 |
| Average Mortgage Loan Amount Applied For | $188,000 |
| Highest Mortgage Loan Amount Applied For | $1,125,000 |
| Average Applicant Income | $97,142 |
| Highest Applicant Income | $324,000 |
|
|
|
| Home Improvement |
22 | $854,000 |
$38,000 | $316,000 |
$76,000 | $145,000 |
| Home Purchase |
34 | $7,486,000 |
$220,000 | $1,125,000 |
$120,000 | $324,000 |
| Refinancing |
29 | $3,370,000 |
$116,000 | $292,000 |
$73,000 | $192,000 |
|
|
| American Indian or Alaskan Native |
2 | $81,000 |
$40,000 | $52,000 |
$49,000 | $75,000 |
| Asian |
2 | $40,000 |
$20,000 | $25,000 |
$54,000 | $60,000 |
| Black or African American |
1 | $113,000 |
$113,000 | $113,000 |
$32,000 | $32,000 |
| Hispanic |
9 | $735,000 |
$81,000 | $163,000 |
$97,000 | $127,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $123,000 |
$123,000 | $123,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
70 | $10,618,000 |
$151,000 | $1,125,000 |
$96,000 | $324,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
85 | $11,710,000 |
$137,000 | $1,125,000 |
$93,000 | $324,000 |
| 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 |
8 | $2,185,000 |
$273,000 | $1,125,000 |
$102,000 | $324,000 |
| Application Denied By Financial Institution |
15 | $1,684,000 |
$112,000 | $427,000 |
$67,000 | $122,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
62 | $7,841,000 |
$126,000 | $713,000 |
$97,000 | $296,000 |
| 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 |
2 | $70,000 |
$35,000 | $55,000 |
$91,000 | $122,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $163,000 |
$32,000 | $92,000 |
$53,000 | $70,000 |
| Debt-To-Income Ratio |
7 | $1,201,000 |
$171,000 | $427,000 |
$66,000 | $99,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $250,000 |
$250,000 | $250,000 |
$94,000 | $94,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRSTBANK OF EL PASO COUNTY by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
