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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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FORTRESS BANK NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
FORTRESS BANK NA |
| Address | 108 CEDAR ST
HOUSTON, MN 55943 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 28 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,256,000 |
| Average Mortgage Loan Amount Applied For | $64,571 |
| Highest Mortgage Loan Amount Applied For | $388,000 |
| Average Applicant Income | $68,142 |
| Highest Applicant Income | $350,000 |
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| Home Improvement |
7 | $528,000 |
$75,000 | $388,000 |
$70,000 | $142,000 |
| Home Purchase |
9 | $734,000 |
$81,000 | $290,000 |
$31,000 | $84,000 |
| Refinancing |
12 | $994,000 |
$82,000 | $322,000 |
$80,000 | $350,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $170,000 |
$170,000 | $170,000 |
$41,000 | $41,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
27 | $2,086,000 |
$77,000 | $388,000 |
$63,000 | $350,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
28 | $2,256,000 |
$80,000 | $388,000 |
$62,000 | $350,000 |
| 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 |
1 | $290,000 |
$290,000 | $290,000 |
$0 | $0 |
| Application Denied By Financial Institution |
9 | $483,000 |
$53,000 | $132,000 |
$44,000 | $84,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
18 | $1,483,000 |
$82,000 | $388,000 |
$74,000 | $350,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
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Mortgage Loan App Totals for FORTRESS BANK NA by:
Metropolitan Area And
County
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