|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
LIBERTY BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
LIBERTY BANK |
| Address | 6400 WESTOWN PKWY
WEST DES MOINES, IA 50266 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,246 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $137,029,000 |
| Average Mortgage Loan Amount Applied For | $120,855 |
| Highest Mortgage Loan Amount Applied For | $7,652,000 |
| Average Applicant Income | $97,565 |
| Highest Applicant Income | $5,158,000 |
|
|
|
| Home Improvement |
222 | $7,369,000 |
$33,000 | $675,000 |
$93,000 | $5,158,000 |
| Home Purchase |
669 | $88,854,000 |
$132,000 | $7,652,000 |
$84,000 | $4,528,000 |
| Refinancing |
399 | $45,291,000 |
$113,000 | $1,232,000 |
$91,000 | $2,524,000 |
|
|
| American Indian or Alaskan Native |
2 | $205,000 |
$102,000 | $164,000 |
$57,000 | $57,000 |
| Asian |
9 | $1,058,000 |
$117,000 | $400,000 |
$86,000 | $196,000 |
| Black or African American |
11 | $1,191,000 |
$108,000 | $230,000 |
$98,000 | $300,000 |
| Hispanic |
17 | $2,152,000 |
$126,000 | $350,000 |
$84,000 | $306,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $388,000 |
$97,000 | $151,000 |
$47,000 | $53,000 |
| Not applicable |
56 | $27,863,000 |
$497,000 | $7,652,000 |
$314,000 | $4,528,000 |
| Not Provided |
24 | $2,485,000 |
$103,000 | $822,000 |
$83,000 | $500,000 |
| White |
1,167 | $106,172,000 |
$90,000 | $1,720,000 |
$77,000 | $5,158,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,241 | $136,576,000 |
$110,000 | $7,652,000 |
$90,000 | $5,158,000 |
| FHA-insured (Federal Housing Administration) |
38 | $3,662,000 |
$96,000 | $203,000 |
$42,000 | $150,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
11 | $1,276,000 |
$116,000 | $201,000 |
$42,000 | $80,000 |
|
|
| Application Approved But Not Accepted |
88 | $8,090,000 |
$91,000 | $448,000 |
$62,000 | $204,000 |
| Application Denied By Financial Institution |
103 | $9,079,000 |
$88,000 | $450,000 |
$64,000 | $282,000 |
| Application Withdrawn By Applicant |
43 | $6,593,000 |
$153,000 | $950,000 |
$80,000 | $500,000 |
| File Closed For Incompleteness |
2 | $118,000 |
$59,000 | $100,000 |
$18,000 | $20,000 |
| Loan Originated |
1,054 | $117,634,000 |
$111,000 | $7,652,000 |
$93,000 | $5,158,000 |
| 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 |
|
|
| Collateral |
10 | $1,501,000 |
$150,000 | $400,000 |
$114,000 | $282,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
42 | $2,765,000 |
$65,000 | $243,000 |
$63,000 | $169,000 |
| Debt-To-Income Ratio |
42 | $3,753,000 |
$89,000 | $450,000 |
$50,000 | $110,000 |
| Employment History |
6 | $471,000 |
$78,000 | $212,000 |
$53,000 | $75,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $510,000 |
$255,000 | $280,000 |
$110,000 | $125,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $79,000 |
$79,000 | $79,000 |
$131,000 | $131,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for LIBERTY BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
