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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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ILLINI BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ILLINI BANK |
| Address | 3200 W ILES , PO BOX 13257
SPRINGFIELD, IL 62711 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 233 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,616,000 |
| Average Mortgage Loan Amount Applied For | $87,545 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $63,272 |
| Highest Applicant Income | $304,000 |
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| Home Improvement |
44 | $1,627,000 |
$36,000 | $225,000 |
$60,000 | $177,000 |
| Home Purchase |
153 | $15,973,000 |
$104,000 | $300,000 |
$55,000 | $191,000 |
| Refinancing |
97 | $7,826,000 |
$80,000 | $650,000 |
$57,000 | $304,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $2,000 |
$2,000 | $2,000 |
$36,000 | $36,000 |
| Black or African American |
6 | $486,000 |
$81,000 | $190,000 |
$55,000 | $95,000 |
| Hispanic |
4 | $313,000 |
$78,000 | $160,000 |
$45,000 | $64,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $125,000 |
$125,000 | $125,000 |
$100,000 | $100,000 |
| Not applicable |
4 | $865,000 |
$216,000 | $650,000 |
$79,000 | $116,000 |
| Not Provided |
34 | $3,002,000 |
$88,000 | $300,000 |
$60,000 | $177,000 |
| White |
244 | $20,633,000 |
$84,000 | $290,000 |
$56,000 | $304,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
286 | $24,660,000 |
$86,000 | $650,000 |
$57,000 | $304,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $766,000 |
$95,000 | $122,000 |
$45,000 | $73,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
60 | $6,238,000 |
$103,000 | $300,000 |
$55,000 | $150,000 |
| Application Denied By Financial Institution |
66 | $5,455,000 |
$82,000 | $250,000 |
$43,000 | $164,000 |
| Application Withdrawn By Applicant |
2 | $173,000 |
$86,000 | $95,000 |
$90,000 | $150,000 |
| File Closed For Incompleteness |
1 | $28,000 |
$28,000 | $28,000 |
$54,000 | $54,000 |
| Loan Originated |
165 | $13,532,000 |
$82,000 | $650,000 |
$63,000 | $304,000 |
| 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 |
6 | $598,000 |
$99,000 | $170,000 |
$65,000 | $121,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
34 | $2,424,000 |
$71,000 | $171,000 |
$43,000 | $164,000 |
| Debt-To-Income Ratio |
23 | $2,246,000 |
$97,000 | $250,000 |
$38,000 | $82,000 |
| Employment History |
1 | $25,000 |
$25,000 | $25,000 |
$26,000 | $26,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $72,000 |
$72,000 | $72,000 |
$30,000 | $30,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $90,000 |
$90,000 | $90,000 |
$32,000 | $32,000 |
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Mortgage Loan App Totals for ILLINI BANK by:
Metropolitan Area And
County
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