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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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NORTHWEST BANK & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHWEST BANK & TRUST COMPANY |
| Address | 100 E KIMBERLY RD
DAVENPORT, IA 52806 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 471 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,722,000 |
| Average Mortgage Loan Amount Applied For | $49,750 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $58,500 |
| Highest Applicant Income | $522,000 |
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| Home Improvement |
377 | $6,012,000 |
$15,000 | $138,000 |
$57,000 | $1,130,000 |
| Home Purchase |
112 | $8,177,000 |
$73,000 | $287,000 |
$69,000 | $256,000 |
| Refinancing |
168 | $12,988,000 |
$77,000 | $600,000 |
$71,000 | $482,000 |
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| American Indian or Alaskan Native |
1 | $35,000 |
$35,000 | $35,000 |
$57,000 | $57,000 |
| Asian |
4 | $615,000 |
$153,000 | $400,000 |
$103,000 | $168,000 |
| Black or African American |
22 | $473,000 |
$21,000 | $61,000 |
$42,000 | $79,000 |
| Hispanic |
22 | $557,000 |
$25,000 | $101,000 |
$69,000 | $380,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
11 | $990,000 |
$90,000 | $140,000 |
$10,000 | $87,000 |
| Not Provided |
90 | $1,794,000 |
$19,000 | $184,000 |
$45,000 | $124,000 |
| White |
507 | $22,713,000 |
$44,000 | $600,000 |
$67,000 | $1,130,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
657 | $27,177,000 |
$41,000 | $600,000 |
$63,000 | $1,130,000 |
| 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 |
74 | $3,222,000 |
$43,000 | $232,000 |
$71,000 | $1,130,000 |
| Application Denied By Financial Institution |
150 | $2,857,000 |
$19,000 | $200,000 |
$48,000 | $522,000 |
| Application Withdrawn By Applicant |
36 | $1,921,000 |
$53,000 | $190,000 |
$82,000 | $650,000 |
| File Closed For Incompleteness |
18 | $2,036,000 |
$113,000 | $350,000 |
$57,000 | $98,000 |
| Loan Originated |
379 | $17,141,000 |
$45,000 | $600,000 |
$65,000 | $482,000 |
| 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 |
8 | $363,000 |
$45,000 | $127,000 |
$60,000 | $96,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
103 | $1,805,000 |
$17,000 | $200,000 |
$49,000 | $522,000 |
| Debt-To-Income Ratio |
36 | $664,000 |
$18,000 | $108,000 |
$44,000 | $112,000 |
| Employment History |
3 | $25,000 |
$8,000 | $10,000 |
$29,000 | $35,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NORTHWEST BANK & TRUST COMPANY by:
Metropolitan Area And
County
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