|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
GRAND BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
GRAND BANK |
| Address | 4200 EAST SKELLY DRIVE SUITE 200
TULSA, OK 74135 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 68 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,033,000 |
| Average Mortgage Loan Amount Applied For | $607,000 |
| Highest Mortgage Loan Amount Applied For | $5,000,000 |
| Average Applicant Income | $66,300 |
| Highest Applicant Income | $574,000 |
|
|
|
| Home Improvement |
5 | $186,000 |
$37,000 | $80,000 |
$55,000 | $93,000 |
| Home Purchase |
36 | $8,790,000 |
$244,000 | $5,000,000 |
$81,000 | $574,000 |
| Refinancing |
31 | $4,600,000 |
$148,000 | $500,000 |
$86,000 | $306,000 |
|
|
| 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 |
1 | $234,000 |
$234,000 | $234,000 |
$68,000 | $68,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
18 | $7,317,000 |
$406,000 | $5,000,000 |
$10,000 | $196,000 |
| Not Provided |
3 | $259,000 |
$86,000 | $136,000 |
$91,000 | $146,000 |
| White |
50 | $5,766,000 |
$115,000 | $500,000 |
$106,000 | $574,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
72 | $13,576,000 |
$188,000 | $5,000,000 |
$81,000 | $574,000 |
| 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 |
1 | $59,000 |
$59,000 | $59,000 |
$45,000 | $45,000 |
| Application Denied By Financial Institution |
12 | $1,257,000 |
$104,000 | $304,000 |
$72,000 | $184,000 |
| Application Withdrawn By Applicant |
6 | $807,000 |
$134,000 | $243,000 |
$85,000 | $119,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
53 | $11,453,000 |
$216,000 | $5,000,000 |
$84,000 | $574,000 |
| 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 |
1 | $12,000 |
$12,000 | $12,000 |
$46,000 | $46,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $516,000 |
$103,000 | $304,000 |
$67,000 | $184,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $38,000 |
$38,000 | $38,000 |
$30,000 | $30,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $465,000 |
$155,000 | $220,000 |
$91,000 | $152,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $226,000 |
$113,000 | $136,000 |
$91,000 | $146,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for GRAND BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
