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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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MBANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MBANK |
| Address | 1290 NE BURNSIDE
GRESHAM, OR 97030 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 235 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,105,000 |
| Average Mortgage Loan Amount Applied For | $167,250 |
| Highest Mortgage Loan Amount Applied For | $1,080,000 |
| Average Applicant Income | $77,625 |
| Highest Applicant Income | $1,500,000 |
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| Home Improvement |
4 | $352,000 |
$88,000 | $185,000 |
$153,000 | $214,000 |
| Home Purchase |
137 | $25,703,000 |
$187,000 | $900,000 |
$96,000 | $655,000 |
| Refinancing |
94 | $19,050,000 |
$202,000 | $1,080,000 |
$117,000 | $1,500,000 |
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| American Indian or Alaskan Native |
2 | $370,000 |
$185,000 | $255,000 |
$35,000 | $42,000 |
| Asian |
8 | $1,583,000 |
$197,000 | $306,000 |
$73,000 | $97,000 |
| Black or African American |
3 | $597,000 |
$199,000 | $282,000 |
$51,000 | $85,000 |
| Hispanic |
8 | $1,417,000 |
$177,000 | $400,000 |
$98,000 | $164,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $150,000 |
$150,000 | $150,000 |
$103,000 | $103,000 |
| Not applicable |
2 | $183,000 |
$91,000 | $138,000 |
$114,000 | $228,000 |
| Not Provided |
40 | $7,986,000 |
$199,000 | $540,000 |
$98,000 | $456,000 |
| White |
171 | $32,819,000 |
$191,000 | $1,080,000 |
$110,000 | $1,500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
232 | $44,506,000 |
$191,000 | $1,080,000 |
$106,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) |
3 | $599,000 |
$199,000 | $255,000 |
$51,000 | $82,000 |
| 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 |
29 | $6,317,000 |
$217,000 | $900,000 |
$67,000 | $252,000 |
| Application Withdrawn By Applicant |
129 | $24,069,000 |
$186,000 | $585,000 |
$121,000 | $1,500,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
77 | $14,719,000 |
$191,000 | $1,080,000 |
$92,000 | $550,000 |
| 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 |
3 | $559,000 |
$186,000 | $300,000 |
$16,000 | $50,000 |
| Credit Application Incomplete |
3 | $779,000 |
$259,000 | $325,000 |
$76,000 | $94,000 |
| Credit History |
14 | $3,348,000 |
$239,000 | $900,000 |
$67,000 | $157,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
7 | $1,509,000 |
$215,000 | $284,000 |
$98,000 | $252,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MBANK by:
Metropolitan Area And
County
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