|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRSTBANK OF LONGMONT
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRSTBANK OF LONGMONT |
| Address | 1707 NORTH MAIN STREET
LONGMONT, CO 80501 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 160 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,815,000 |
| Average Mortgage Loan Amount Applied For | $300,600 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $135,800 |
| Highest Applicant Income | $556,000 |
|
|
|
| Home Improvement |
39 | $2,286,000 |
$58,000 | $556,000 |
$75,000 | $199,000 |
| Home Purchase |
53 | $15,439,000 |
$291,000 | $1,500,000 |
$94,000 | $556,000 |
| Refinancing |
68 | $10,090,000 |
$148,000 | $615,000 |
$86,000 | $452,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
9 | $1,190,000 |
$132,000 | $330,000 |
$60,000 | $92,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
12 | $1,681,000 |
$140,000 | $576,000 |
$68,000 | $203,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $3,376,000 |
$422,000 | $895,000 |
$0 | $0 |
| Not Provided |
7 | $939,000 |
$134,000 | $290,000 |
$79,000 | $106,000 |
| White |
124 | $20,629,000 |
$166,000 | $1,500,000 |
$96,000 | $556,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
159 | $27,629,000 |
$173,000 | $1,500,000 |
$86,000 | $556,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $186,000 |
$186,000 | $186,000 |
$58,000 | $58,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
14 | $1,573,000 |
$112,000 | $261,000 |
$70,000 | $144,000 |
| Application Denied By Financial Institution |
14 | $2,576,000 |
$184,000 | $615,000 |
$65,000 | $127,000 |
| Application Withdrawn By Applicant |
11 | $4,846,000 |
$440,000 | $1,500,000 |
$66,000 | $160,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
121 | $18,820,000 |
$155,000 | $895,000 |
$92,000 | $556,000 |
| 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 |
5 | $650,000 |
$130,000 | $290,000 |
$80,000 | $127,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $1,145,000 |
$190,000 | $581,000 |
$63,000 | $101,000 |
| Debt-To-Income Ratio |
3 | $781,000 |
$260,000 | $615,000 |
$45,000 | $87,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRSTBANK OF LONGMONT by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
