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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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MIDSTATES BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MIDSTATES BANK |
| Address | 812 DURANT STREET
HARLAN, IA 51537 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 472 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $40,257,000 |
| Average Mortgage Loan Amount Applied For | $99,062 |
| Highest Mortgage Loan Amount Applied For | $692,000 |
| Average Applicant Income | $146,937 |
| Highest Applicant Income | $1,645,000 |
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| Home Improvement |
32 | $677,000 |
$21,000 | $74,000 |
$62,000 | $220,000 |
| Home Purchase |
255 | $23,259,000 |
$91,000 | $500,000 |
$85,000 | $1,645,000 |
| Refinancing |
185 | $16,321,000 |
$88,000 | $692,000 |
$66,000 | $330,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $115,000 |
$115,000 | $115,000 |
$31,000 | $31,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
11 | $904,000 |
$82,000 | $149,000 |
$48,000 | $73,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
23 | $2,089,000 |
$90,000 | $250,000 |
$160,000 | $1,645,000 |
| Not Provided |
2 | $21,000 |
$10,000 | $11,000 |
$15,000 | $29,000 |
| White |
435 | $37,128,000 |
$85,000 | $692,000 |
$73,000 | $1,100,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
472 | $40,257,000 |
$85,000 | $692,000 |
$76,000 | $1,645,000 |
| 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 |
32 | $2,535,000 |
$79,000 | $259,000 |
$34,000 | $86,000 |
| Application Withdrawn By Applicant |
65 | $5,535,000 |
$85,000 | $343,000 |
$54,000 | $258,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
375 | $32,187,000 |
$85,000 | $692,000 |
$83,000 | $1,645,000 |
| 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 | $160,000 |
$32,000 | $120,000 |
$45,000 | $81,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
13 | $1,072,000 |
$82,000 | $160,000 |
$38,000 | $86,000 |
| Debt-To-Income Ratio |
12 | $1,103,000 |
$91,000 | $259,000 |
$22,000 | $40,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $100,000 |
$100,000 | $100,000 |
$68,000 | $68,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $100,000 |
$100,000 | $100,000 |
$26,000 | $26,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MIDSTATES BANK by:
Metropolitan Area And
County
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