|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FORTRESS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FORTRESS BANK |
| Address | 100 N MAIN ST
WESTBY, WI 54667 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 161 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,960,000 |
| Average Mortgage Loan Amount Applied For | $121,384 |
| Highest Mortgage Loan Amount Applied For | $635,000 |
| Average Applicant Income | $52,384 |
| Highest Applicant Income | $180,000 |
|
|
|
| Home Improvement |
25 | $817,000 |
$32,000 | $100,000 |
$56,000 | $175,000 |
| Home Purchase |
61 | $4,545,000 |
$74,000 | $558,000 |
$45,000 | $142,000 |
| Refinancing |
75 | $5,598,000 |
$74,000 | $635,000 |
$45,000 | $180,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $53,000 |
$26,000 | $32,000 |
$67,000 | $74,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $892,000 |
$178,000 | $635,000 |
$0 | $0 |
| Not Provided |
6 | $378,000 |
$63,000 | $112,000 |
$23,000 | $47,000 |
| White |
148 | $9,637,000 |
$65,000 | $558,000 |
$49,000 | $180,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
161 | $10,960,000 |
$68,000 | $635,000 |
$47,000 | $180,000 |
| 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 |
6 | $571,000 |
$95,000 | $183,000 |
$77,000 | $124,000 |
| Application Denied By Financial Institution |
21 | $1,172,000 |
$55,000 | $150,000 |
$30,000 | $72,000 |
| Application Withdrawn By Applicant |
12 | $1,134,000 |
$94,000 | $183,000 |
$58,000 | $136,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
122 | $8,083,000 |
$66,000 | $635,000 |
$47,000 | $180,000 |
| 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 |
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 |
|
Mortgage Loan App Totals for FORTRESS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
