|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FORTRESS BANK, N.A.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FORTRESS BANK, N.A. |
| Address | 108 E. CEDAR STREET
HOUSTON, MN 55943 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 64 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,139,000 |
| Average Mortgage Loan Amount Applied For | $55,125 |
| Highest Mortgage Loan Amount Applied For | $165,000 |
| Average Applicant Income | $52,000 |
| Highest Applicant Income | $190,000 |
|
|
|
| Home Improvement (one-to-four family) |
3 | $39,000 |
$13,000 | $31,000 |
$36,000 | $38,000 |
| Home Purchase (one-to-four family) |
28 | $2,138,000 |
$78,000 | $156,000 |
$40,500 | $147,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
33 | $1,962,000 |
$51,000 | $165,000 |
$49,000 | $190,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Information not provided by applicant in mail or telephone application |
1 | $46,000 |
$46,000 | $46,000 |
$89,000 | $89,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
63 | $4,093,000 |
$58,000 | $165,000 |
$45,000 | $190,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
64 | $4,139,000 |
$58,000 | $165,000 |
$46,000 | $190,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
14 | $1,023,000 |
$66,500 | $165,000 |
$48,500 | $93,000 |
| Application Withdrawn By Applicant |
14 | $1,068,000 |
$70,500 | $120,000 |
$45,000 | $93,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
36 | $2,048,000 |
$38,000 | $156,000 |
$47,500 | $190,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $493,000 |
$70,000 | $165,000 |
$40,000 | $61,000 |
| Debt-To-Income Ratio |
7 | $530,000 |
$68,500 | $115,000 |
$48,000 | $93,000 |
| 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 FORTRESS BANK, N.A. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
