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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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MINNWEST BANK SIOUX FALLS
Mortgage Loans and Application Details
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| Mortgage Company Name |
MINNWEST BANK SIOUX FALLS |
| Address | 5001 S LOUISE AVE
SIOUX FALLS, SD 57108 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 55 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,511,000 |
| Average Mortgage Loan Amount Applied For | $47,000 |
| Highest Mortgage Loan Amount Applied For | $370,000 |
| Average Applicant Income | $69,666 |
| Highest Applicant Income | $245,000 |
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| Home Improvement |
6 | $149,000 |
$24,000 | $76,000 |
$69,000 | $108,000 |
| Home Purchase |
17 | $1,552,000 |
$91,000 | $370,000 |
$73,000 | $174,000 |
| Refinancing |
32 | $1,810,000 |
$56,000 | $242,000 |
$79,000 | $245,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $280,000 |
$140,000 | $236,000 |
$15,000 | $31,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $3,000 |
$3,000 | $3,000 |
$63,000 | $63,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $383,000 |
$127,000 | $201,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
49 | $2,845,000 |
$58,000 | $370,000 |
$83,000 | $245,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
55 | $3,511,000 |
$63,000 | $370,000 |
$76,000 | $245,000 |
| 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 |
2 | $394,000 |
$197,000 | $370,000 |
$86,000 | $142,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
53 | $3,117,000 |
$58,000 | $328,000 |
$75,000 | $245,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $370,000 |
$370,000 | $370,000 |
$142,000 | $142,000 |
| Debt-To-Income Ratio |
1 | $24,000 |
$24,000 | $24,000 |
$30,000 | $30,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MINNWEST BANK SIOUX FALLS by:
Metropolitan Area And
County
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