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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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NEW CITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NEW CITY BANK |
| Address | 900 S. MICHIGAN AVE
CHICAGO, IL 60605 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 26 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,135,000 |
| Average Mortgage Loan Amount Applied For | $185,250 |
| Highest Mortgage Loan Amount Applied For | $518,000 |
| Average Applicant Income | $113,000 |
| Highest Applicant Income | $1,046,000 |
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| Home Improvement |
2 | $733,000 |
$366,000 | $503,000 |
$90,000 | $120,000 |
| Home Purchase |
15 | $3,637,000 |
$242,000 | $518,000 |
$181,000 | $1,046,000 |
| Refinancing |
10 | $1,995,000 |
$199,000 | $504,000 |
$86,000 | $293,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $201,000 |
$201,000 | $201,000 |
$458,000 | $458,000 |
| Black or African American |
10 | $1,974,000 |
$197,000 | $440,000 |
$57,000 | $119,000 |
| Hispanic |
1 | $230,000 |
$230,000 | $230,000 |
$120,000 | $120,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
15 | $3,960,000 |
$264,000 | $518,000 |
$174,000 | $1,046,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
27 | $6,365,000 |
$235,000 | $518,000 |
$139,000 | $1,046,000 |
| 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 |
1 | $205,000 |
$205,000 | $205,000 |
$51,000 | $51,000 |
| Application Denied By Financial Institution |
3 | $664,000 |
$221,000 | $275,000 |
$46,000 | $72,000 |
| Application Withdrawn By Applicant |
2 | $265,000 |
$132,000 | $230,000 |
$72,000 | $120,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
21 | $5,231,000 |
$249,000 | $518,000 |
$163,000 | $1,046,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 NEW CITY BANK by:
Metropolitan Area And
County
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