|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
NORTH SHORE BANK OF COMMERCE
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
NORTH SHORE BANK OF COMMERCE |
| Address | 131 W SUPERIOR ST
DULUTH, MN 55802 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 644 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $84,840,000 |
| Average Mortgage Loan Amount Applied For | $146,727 |
| Highest Mortgage Loan Amount Applied For | $950,000 |
| Average Applicant Income | $80,227 |
| Highest Applicant Income | $950,000 |
|
|
|
| Home Improvement |
118 | $7,484,000 |
$63,000 | $281,000 |
$67,000 | $161,000 |
| Home Purchase |
413 | $64,638,000 |
$156,000 | $950,000 |
$66,000 | $950,000 |
| Refinancing |
166 | $19,034,000 |
$114,000 | $380,000 |
$68,000 | $480,000 |
|
|
| American Indian or Alaskan Native |
9 | $1,198,000 |
$133,000 | $304,000 |
$47,000 | $101,000 |
| Asian |
3 | $417,000 |
$139,000 | $223,000 |
$38,000 | $61,000 |
| Black or African American |
6 | $967,000 |
$161,000 | $289,000 |
$52,000 | $114,000 |
| Hispanic |
4 | $464,000 |
$116,000 | $157,000 |
$45,000 | $76,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $238,000 |
$238,000 | $238,000 |
$146,000 | $146,000 |
| Not applicable |
10 | $2,053,000 |
$205,000 | $650,000 |
$0 | $0 |
| Not Provided |
47 | $7,050,000 |
$150,000 | $450,000 |
$84,000 | $432,000 |
| White |
617 | $78,769,000 |
$127,000 | $950,000 |
$67,000 | $950,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
645 | $84,549,000 |
$131,000 | $950,000 |
$68,000 | $950,000 |
| FHA-insured (Federal Housing Administration) |
35 | $4,356,000 |
$124,000 | $188,000 |
$46,000 | $108,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
4 | $498,000 |
$124,000 | $163,000 |
$39,000 | $46,000 |
| VA-guaranteed (Veterans Administration) |
13 | $1,753,000 |
$134,000 | $288,000 |
$56,000 | $96,000 |
|
|
| Application Approved But Not Accepted |
32 | $4,055,000 |
$126,000 | $450,000 |
$60,000 | $300,000 |
| Application Denied By Financial Institution |
40 | $4,649,000 |
$116,000 | $457,000 |
$44,000 | $192,000 |
| Application Withdrawn By Applicant |
30 | $3,504,000 |
$116,000 | $288,000 |
$70,000 | $480,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
542 | $72,632,000 |
$134,000 | $950,000 |
$72,000 | $950,000 |
| 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 |
53 | $6,316,000 |
$119,000 | $237,000 |
$37,000 | $88,000 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $300,000 |
$300,000 | $300,000 |
$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 |
|
Mortgage Loan App Totals for NORTH SHORE BANK OF COMMERCE by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
