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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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HERITAGE BANK OF SCHAUMBURG
Mortgage Loans and Application Details
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| Mortgage Company Name |
HERITAGE BANK OF SCHAUMBURG |
| Address | 1535 W. SCHAUMBURG ROAD
SCHAUMBURG, IL 60194 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 91 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $24,529,000 |
| Average Mortgage Loan Amount Applied For | $231,375 |
| Highest Mortgage Loan Amount Applied For | $1,862,000 |
| Average Applicant Income | $101,000 |
| Highest Applicant Income | $512,000 |
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| Home Improvement |
10 | $421,000 |
$42,000 | $150,000 |
$80,000 | $168,000 |
| Home Purchase |
39 | $10,255,000 |
$262,000 | $880,000 |
$114,000 | $512,000 |
| Refinancing |
42 | $13,853,000 |
$329,000 | $1,862,000 |
$65,000 | $296,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $1,944,000 |
$486,000 | $936,000 |
$16,000 | $65,000 |
| Black or African American |
4 | $673,000 |
$168,000 | $288,000 |
$74,000 | $78,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $25,000 |
$25,000 | $25,000 |
$84,000 | $84,000 |
| Not applicable |
5 | $3,461,000 |
$692,000 | $1,862,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
77 | $18,426,000 |
$239,000 | $880,000 |
$98,000 | $512,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
91 | $24,529,000 |
$269,000 | $1,862,000 |
$88,000 | $512,000 |
| 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 |
3 | $589,000 |
$196,000 | $400,000 |
$117,000 | $240,000 |
| Application Denied By Financial Institution |
3 | $559,000 |
$186,000 | $232,000 |
$79,000 | $113,000 |
| Application Withdrawn By Applicant |
2 | $387,000 |
$193,000 | $227,000 |
$103,000 | $142,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
83 | $22,994,000 |
$277,000 | $1,862,000 |
$87,000 | $512,000 |
| 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 |
1 | $232,000 |
$232,000 | $232,000 |
$88,000 | $88,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $127,000 |
$127,000 | $127,000 |
$38,000 | $38,000 |
| Debt-To-Income Ratio |
1 | $200,000 |
$200,000 | $200,000 |
$113,000 | $113,000 |
| 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 |
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Mortgage Loan App Totals for HERITAGE BANK OF SCHAUMBURG by:
Metropolitan Area And
County
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