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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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MALAGA BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MALAGA BANK |
| Address | 2514 VIA TEJON
PALOS VERDES ESTATES, CA 90274 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 197 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $144,791,000 |
| Average Mortgage Loan Amount Applied For | $941,833 |
| Highest Mortgage Loan Amount Applied For | $4,200,000 |
| Average Applicant Income | $19,333 |
| Highest Applicant Income | $622,000 |
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| Home Improvement |
2 | $900,000 |
$450,000 | $500,000 |
$0 | $0 |
| Home Purchase |
69 | $58,103,000 |
$842,000 | $4,200,000 |
$10,000 | $297,000 |
| Refinancing |
126 | $85,788,000 |
$680,000 | $3,575,000 |
$27,000 | $622,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
14 | $10,512,000 |
$750,000 | $1,500,000 |
$85,000 | $622,000 |
| Black or African American |
4 | $1,720,000 |
$430,000 | $450,000 |
$0 | $0 |
| Hispanic |
14 | $7,435,000 |
$531,000 | $1,800,000 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $1,100,000 |
$1,100,000 | $1,100,000 |
$0 | $0 |
| Not applicable |
80 | $57,140,000 |
$714,000 | $4,200,000 |
$0 | $0 |
| Not Provided |
14 | $10,472,000 |
$748,000 | $1,625,000 |
$0 | $0 |
| White |
70 | $56,412,000 |
$805,000 | $3,575,000 |
$44,000 | $596,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
197 | $144,791,000 |
$734,000 | $4,200,000 |
$21,000 | $622,000 |
| 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 |
9 | $4,970,000 |
$552,000 | $1,400,000 |
$44,000 | $297,000 |
| Application Denied By Financial Institution |
10 | $10,287,000 |
$1,028,000 | $2,200,000 |
$52,000 | $520,000 |
| Application Withdrawn By Applicant |
22 | $17,268,000 |
$784,000 | $1,853,000 |
$24,000 | $282,000 |
| File Closed For Incompleteness |
1 | $1,575,000 |
$1,575,000 | $1,575,000 |
$0 | $0 |
| Loan Originated |
155 | $110,691,000 |
$714,000 | $4,200,000 |
$18,000 | $622,000 |
| 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 |
5 | $6,150,000 |
$1,230,000 | $2,200,000 |
$104,000 | $520,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $3,067,000 |
$1,022,000 | $1,350,000 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $400,000 |
$400,000 | $400,000 |
$0 | $0 |
| Employment History |
1 | $670,000 |
$670,000 | $670,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MALAGA BANK by:
Metropolitan Area And
County
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