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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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INTERNATIONAL FINANCE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
INTERNATIONAL FINANCE BANK |
| Address | 3663 SW 8TH STREET
MIAMI, FL 33135 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 110 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $51,140,000 |
| Average Mortgage Loan Amount Applied For | $517,000 |
| Highest Mortgage Loan Amount Applied For | $4,675,000 |
| Average Applicant Income | $198,250 |
| Highest Applicant Income | $1,260,000 |
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| Home Improvement |
7 | $1,880,000 |
$268,000 | $850,000 |
$71,000 | $210,000 |
| Home Purchase |
37 | $13,899,000 |
$375,000 | $976,000 |
$187,000 | $720,000 |
| Refinancing |
66 | $35,361,000 |
$535,000 | $4,675,000 |
$206,000 | $1,260,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $278,000 |
$139,000 | $156,000 |
$25,000 | $50,000 |
| Black or African American |
6 | $2,059,000 |
$343,000 | $1,000,000 |
$280,000 | $1,260,000 |
| Hispanic |
68 | $27,860,000 |
$409,000 | $3,500,000 |
$202,000 | $1,000,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $6,446,000 |
$1,289,000 | $4,675,000 |
$0 | $0 |
| Not Provided |
5 | $1,611,000 |
$322,000 | $600,000 |
$173,000 | $420,000 |
| White |
24 | $12,886,000 |
$536,000 | $2,208,000 |
$195,000 | $825,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
110 | $51,140,000 |
$464,000 | $4,675,000 |
$191,000 | $1,260,000 |
| 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 |
7 | $2,693,000 |
$384,000 | $850,000 |
$205,000 | $963,000 |
| Application Withdrawn By Applicant |
10 | $7,467,000 |
$746,000 | $3,500,000 |
$260,000 | $1,000,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
55 | $26,541,000 |
$482,000 | $4,675,000 |
$185,000 | $720,000 |
| Loan Purchased By The Institution |
38 | $14,439,000 |
$379,000 | $2,208,000 |
$180,000 | $1,260,000 |
| 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 |
3 | $1,708,000 |
$569,000 | $850,000 |
$408,000 | $963,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $514,000 |
$257,000 | $384,000 |
$25,000 | $50,000 |
| Debt-To-Income Ratio |
1 | $251,000 |
$251,000 | $251,000 |
$90,000 | $90,000 |
| 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 |
1 | $220,000 |
$220,000 | $220,000 |
$72,000 | $72,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for INTERNATIONAL FINANCE BANK by:
Metropolitan Area And
County
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