|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
MWABANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
MWABANK |
| Address | 1701 1ST AVENUE
ROCK ISLAND, IL 61201 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,477 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $93,531,000 |
| Average Mortgage Loan Amount Applied For | $58,475 |
| Highest Mortgage Loan Amount Applied For | $960,000 |
| Average Applicant Income | $66,386 |
| Highest Applicant Income | $888,000 |
|
|
|
| Home Improvement |
312 | $11,187,000 |
$35,000 | $250,000 |
$67,000 | $474,000 |
| Home Purchase |
263 | $21,368,000 |
$81,000 | $960,000 |
$66,000 | $342,000 |
| Refinancing |
902 | $60,976,000 |
$67,000 | $575,000 |
$69,000 | $888,000 |
|
|
| American Indian or Alaskan Native |
1 | $174,000 |
$174,000 | $174,000 |
$22,000 | $22,000 |
| Asian |
4 | $324,000 |
$81,000 | $144,000 |
$52,000 | $80,000 |
| Black or African American |
34 | $2,060,000 |
$60,000 | $200,000 |
$56,000 | $102,000 |
| Hispanic |
50 | $3,215,000 |
$64,000 | $228,000 |
$60,000 | $140,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $29,000 |
$29,000 | $29,000 |
$79,000 | $79,000 |
| Not applicable |
18 | $1,406,000 |
$78,000 | $197,000 |
$80,000 | $168,000 |
| Not Provided |
110 | $7,015,000 |
$63,000 | $283,000 |
$68,000 | $321,000 |
| White |
1,259 | $79,308,000 |
$62,000 | $960,000 |
$69,000 | $888,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,477 | $93,531,000 |
$63,000 | $960,000 |
$68,000 | $888,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
189 | $11,953,000 |
$63,000 | $575,000 |
$71,000 | $397,000 |
| Application Denied By Financial Institution |
219 | $12,809,000 |
$58,000 | $330,000 |
$58,000 | $888,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
35 | $1,387,000 |
$39,000 | $100,000 |
$68,000 | $280,000 |
| Loan Originated |
481 | $27,366,000 |
$56,000 | $960,000 |
$74,000 | $342,000 |
| Loan Purchased By The Institution |
553 | $40,016,000 |
$72,000 | $368,000 |
$67,000 | $325,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
11 | $678,000 |
$61,000 | $150,000 |
$47,000 | $83,000 |
| Credit Application Incomplete |
3 | $209,000 |
$69,000 | $150,000 |
$36,000 | $43,000 |
| Credit History |
145 | $7,082,000 |
$48,000 | $179,000 |
$64,000 | $888,000 |
| Debt-To-Income Ratio |
45 | $3,575,000 |
$79,000 | $330,000 |
$50,000 | $150,000 |
| Employment History |
1 | $32,000 |
$32,000 | $32,000 |
$85,000 | $85,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $376,000 |
$188,000 | $316,000 |
$22,000 | $44,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $588,000 |
$73,000 | $300,000 |
$40,000 | $68,000 |
| Unverifiable Information |
4 | $269,000 |
$67,000 | $154,000 |
$18,000 | $45,000 |
|
Mortgage Loan App Totals for MWABANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
