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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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MITCHELL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MITCHELL BANK |
| Address | 1039 WEST MITCHELL STREET
MILWAUKEE, WI 53204 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 102 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,129,000 |
| Average Mortgage Loan Amount Applied For | $233,000 |
| Highest Mortgage Loan Amount Applied For | $1,320,000 |
| Average Applicant Income | $110,333 |
| Highest Applicant Income | $240,000 |
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| Home Improvement |
32 | $2,853,000 |
$89,000 | $1,320,000 |
$22,000 | $60,000 |
| Home Purchase |
91 | $7,918,000 |
$87,000 | $875,000 |
$36,000 | $240,000 |
| Refinancing |
7 | $386,000 |
$55,000 | $100,000 |
$33,000 | $64,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $83,000 |
$83,000 | $83,000 |
$36,000 | $36,000 |
| Hispanic |
82 | $4,354,000 |
$53,000 | $167,000 |
$34,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
26 | $4,477,000 |
$172,000 | $1,320,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
21 | $2,243,000 |
$106,000 | $450,000 |
$68,000 | $240,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
130 | $11,157,000 |
$85,000 | $1,320,000 |
$33,000 | $240,000 |
| 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 |
7 | $502,000 |
$71,000 | $123,000 |
$31,000 | $40,000 |
| Application Withdrawn By Applicant |
2 | $203,000 |
$101,000 | $144,000 |
$50,000 | $66,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
93 | $10,424,000 |
$112,000 | $1,320,000 |
$34,000 | $240,000 |
| 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 |
28 | $28,000 |
$1,000 | $1,000 |
$26,000 | $60,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
25 | $262,000 |
$10,000 | $123,000 |
$26,000 | $42,000 |
| Debt-To-Income Ratio |
7 | $265,000 |
$37,000 | $119,000 |
$35,000 | $60,000 |
| Employment History |
2 | $2,000 |
$1,000 | $1,000 |
$19,000 | $25,000 |
| 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 |
1 | $1,000 |
$1,000 | $1,000 |
$26,000 | $26,000 |
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Mortgage Loan App Totals for MITCHELL BANK by:
Metropolitan Area And
County
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