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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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MIDCOUNTRY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MIDCOUNTRY BANK |
| Address | 522 MARKET STREET
METROPOLIS, IL 62960 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,199 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $270,077,000 |
| Average Mortgage Loan Amount Applied For | $251,155 |
| Highest Mortgage Loan Amount Applied For | $1,387,000 |
| Average Applicant Income | $72,144 |
| Highest Applicant Income | $1,188,000 |
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| Home Improvement |
54 | $1,089,000 |
$20,000 | $80,000 |
$60,000 | $195,000 |
| Home Purchase |
858 | $215,935,000 |
$251,000 | $1,150,000 |
$68,000 | $322,000 |
| Refinancing |
287 | $53,053,000 |
$184,000 | $1,387,000 |
$82,000 | $1,188,000 |
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| American Indian or Alaskan Native |
8 | $2,263,000 |
$282,000 | $451,000 |
$82,000 | $130,000 |
| Asian |
13 | $4,428,000 |
$340,000 | $935,000 |
$73,000 | $197,000 |
| Black or African American |
34 | $9,791,000 |
$287,000 | $576,000 |
$76,000 | $200,000 |
| Hispanic |
40 | $11,501,000 |
$287,000 | $700,000 |
$70,000 | $280,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $930,000 |
$232,000 | $450,000 |
$134,000 | $396,000 |
| Not applicable |
7 | $2,331,000 |
$333,000 | $1,153,000 |
$0 | $0 |
| Not Provided |
187 | $49,562,000 |
$265,000 | $730,000 |
$77,000 | $1,188,000 |
| White |
906 | $189,271,000 |
$208,000 | $1,387,000 |
$69,000 | $453,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,171 | $266,279,000 |
$227,000 | $1,387,000 |
$71,000 | $1,188,000 |
| FHA-insured (Federal Housing Administration) |
17 | $2,367,000 |
$139,000 | $241,000 |
$38,000 | $76,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
9 | $932,000 |
$103,000 | $189,000 |
$36,000 | $82,000 |
| VA-guaranteed (Veterans Administration) |
2 | $499,000 |
$249,000 | $316,000 |
$68,000 | $88,000 |
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| Application Approved But Not Accepted |
18 | $5,391,000 |
$299,000 | $515,000 |
$78,000 | $171,000 |
| Application Denied By Financial Institution |
196 | $45,012,000 |
$229,000 | $935,000 |
$67,000 | $1,188,000 |
| Application Withdrawn By Applicant |
216 | $52,382,000 |
$242,000 | $1,170,000 |
$71,000 | $334,000 |
| File Closed For Incompleteness |
52 | $11,960,000 |
$230,000 | $620,000 |
$69,000 | $157,000 |
| Loan Originated |
717 | $155,332,000 |
$216,000 | $1,387,000 |
$71,000 | $453,000 |
| 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 |
12 | $3,105,000 |
$258,000 | $912,000 |
$172,000 | $1,188,000 |
| Credit Application Incomplete |
75 | $21,195,000 |
$282,000 | $935,000 |
$66,000 | $197,000 |
| Credit History |
50 | $6,647,000 |
$132,000 | $700,000 |
$50,000 | $280,000 |
| Debt-To-Income Ratio |
37 | $8,980,000 |
$242,000 | $585,000 |
$63,000 | $240,000 |
| Employment History |
4 | $790,000 |
$197,000 | $396,000 |
$19,000 | $59,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $1,278,000 |
$213,000 | $417,000 |
$84,000 | $222,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $2,032,000 |
$290,000 | $480,000 |
$57,000 | $114,000 |
| Unverifiable Information |
5 | $985,000 |
$197,000 | $275,000 |
$60,000 | $114,000 |
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Mortgage Loan App Totals for MIDCOUNTRY BANK by:
Metropolitan Area And
County
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