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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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FREEDOM BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FREEDOM BANK |
| Address | 2020 E KIMBERLY ROAD
DAVENPORT, IA 52807 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 149 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,935,000 |
| Average Mortgage Loan Amount Applied For | $105,000 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $53,500 |
| Highest Applicant Income | $347,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
129 | $9,969,000 |
$77,000 | $321,000 |
$45,000 | $140,000 |
| Refinancing |
32 | $3,769,000 |
$117,000 | $417,000 |
$66,000 | $347,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $52,000 |
$52,000 | $52,000 |
$31,000 | $31,000 |
| Hispanic |
12 | $1,302,000 |
$108,000 | $321,000 |
$58,000 | $136,000 |
| 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 |
148 | $12,384,000 |
$83,000 | $417,000 |
$49,000 | $347,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
122 | $10,650,000 |
$87,000 | $417,000 |
$53,000 | $347,000 |
| FHA-insured (Federal Housing Administration) |
31 | $2,279,000 |
$73,000 | $196,000 |
$34,000 | $76,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $809,000 |
$101,000 | $139,000 |
$56,000 | $82,000 |
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| Application Approved But Not Accepted |
1 | $120,000 |
$120,000 | $120,000 |
$59,000 | $59,000 |
| Application Denied By Financial Institution |
17 | $1,342,000 |
$78,000 | $162,000 |
$30,000 | $72,000 |
| Application Withdrawn By Applicant |
10 | $1,336,000 |
$133,000 | $321,000 |
$68,000 | $126,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
133 | $10,940,000 |
$82,000 | $417,000 |
$50,000 | $347,000 |
| 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 FREEDOM BANK by:
Metropolitan Area And
County
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