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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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IBERIABANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
IBERIABANK |
| Address | 1101 E ADMIRAL DOYLE DRIVE
NEW IBERIA, LA 70560 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,828 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $506,952,000 |
| Average Mortgage Loan Amount Applied For | $169,188 |
| Highest Mortgage Loan Amount Applied For | $2,250,000 |
| Average Applicant Income | $102,647 |
| Highest Applicant Income | $3,135,000 |
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| Home Improvement |
1,105 | $29,452,000 |
$26,000 | $1,238,000 |
$66,000 | $555,000 |
| Home Purchase |
2,567 | $350,295,000 |
$136,000 | $1,436,000 |
$79,000 | $1,950,000 |
| Refinancing |
1,171 | $128,035,000 |
$109,000 | $2,250,000 |
$91,000 | $3,135,000 |
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| American Indian or Alaskan Native |
12 | $832,000 |
$69,000 | $216,000 |
$60,000 | $157,000 |
| Asian |
49 | $7,023,000 |
$143,000 | $1,050,000 |
$83,000 | $744,000 |
| Black or African American |
582 | $36,451,000 |
$62,000 | $410,000 |
$51,000 | $1,950,000 |
| Hispanic |
65 | $7,722,000 |
$118,000 | $671,000 |
$83,000 | $420,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $376,000 |
$75,000 | $183,000 |
$159,000 | $290,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
566 | $65,281,000 |
$115,000 | $401,000 |
$71,000 | $1,050,000 |
| White |
3,564 | $390,097,000 |
$109,000 | $2,250,000 |
$85,000 | $3,135,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,703 | $492,347,000 |
$104,000 | $2,250,000 |
$80,000 | $3,135,000 |
| FHA-insured (Federal Housing Administration) |
90 | $9,279,000 |
$103,000 | $174,000 |
$46,000 | $244,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
19 | $1,536,000 |
$80,000 | $137,000 |
$35,000 | $54,000 |
| VA-guaranteed (Veterans Administration) |
31 | $4,620,000 |
$149,000 | $289,000 |
$50,000 | $88,000 |
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| Application Approved But Not Accepted |
264 | $11,842,000 |
$44,000 | $665,000 |
$73,000 | $582,000 |
| Application Denied By Financial Institution |
643 | $27,805,000 |
$43,000 | $700,000 |
$44,000 | $276,000 |
| Application Withdrawn By Applicant |
467 | $66,017,000 |
$141,000 | $671,000 |
$70,000 | $1,050,000 |
| File Closed For Incompleteness |
276 | $40,055,000 |
$145,000 | $960,000 |
$65,000 | $456,000 |
| Loan Originated |
3,175 | $360,513,000 |
$113,000 | $2,250,000 |
$90,000 | $3,135,000 |
| Loan Purchased By The Institution |
18 | $1,550,000 |
$86,000 | $200,000 |
$6,000 | $70,000 |
| 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 |
8 | $1,182,000 |
$147,000 | $362,000 |
$69,000 | $201,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
57 | $6,298,000 |
$110,000 | $700,000 |
$47,000 | $180,000 |
| Debt-To-Income Ratio |
29 | $3,706,000 |
$127,000 | $450,000 |
$39,000 | $91,000 |
| Employment History |
4 | $339,000 |
$84,000 | $115,000 |
$27,000 | $67,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
14 | $1,583,000 |
$113,000 | $284,000 |
$51,000 | $100,000 |
| Unverifiable Information |
2 | $282,000 |
$141,000 | $180,000 |
$79,000 | $86,000 |
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Mortgage Loan App Totals for IBERIABANK by:
Metropolitan Area And
County
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