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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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INTERAMERICAN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
INTERAMERICAN BANK |
| Address | 9190 CORAL WAY
MIAMI, FL 33165 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 60 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,708,000 |
| Average Mortgage Loan Amount Applied For | $311,375 |
| Highest Mortgage Loan Amount Applied For | $2,135,000 |
| Average Applicant Income | $117,375 |
| Highest Applicant Income | $1,300,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
23 | $7,274,000 |
$316,000 | $2,135,000 |
$130,000 | $1,300,000 |
| Refinancing |
37 | $9,434,000 |
$254,000 | $1,250,000 |
$91,000 | $752,000 |
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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 | $228,000 |
$228,000 | $228,000 |
$60,000 | $60,000 |
| Hispanic |
59 | $16,480,000 |
$279,000 | $2,135,000 |
$107,000 | $1,300,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
60 | $16,708,000 |
$278,000 | $2,135,000 |
$106,000 | $1,300,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
6 | $1,260,000 |
$210,000 | $351,000 |
$66,000 | $96,000 |
| Application Withdrawn By Applicant |
18 | $4,070,000 |
$226,000 | $501,000 |
$70,000 | $156,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
36 | $11,378,000 |
$316,000 | $2,135,000 |
$131,000 | $1,300,000 |
| 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 | $233,000 |
$233,000 | $233,000 |
$92,000 | $92,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $377,000 |
$188,000 | $220,000 |
$32,000 | $64,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $351,000 |
$351,000 | $351,000 |
$96,000 | $96,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
2 | $299,000 |
$149,000 | $239,000 |
$73,000 | $73,000 |
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Mortgage Loan App Totals for INTERAMERICAN BANK by:
Metropolitan Area And
County
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