|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
OAK BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
OAK BANK |
| Address | 5951 MCKEE ROAD STE 100
FITCHBURG, WI 53719 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 116 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $24,903,000 |
| Average Mortgage Loan Amount Applied For | $237,133 |
| Highest Mortgage Loan Amount Applied For | $1,215,000 |
| Average Applicant Income | $241,266 |
| Highest Applicant Income | $1,996,000 |
|
|
|
| Home Improvement |
10 | $1,087,000 |
$108,000 | $215,000 |
$74,000 | $120,000 |
| Home Purchase |
76 | $17,077,000 |
$224,000 | $1,215,000 |
$168,000 | $1,996,000 |
| Refinancing |
30 | $6,739,000 |
$224,000 | $815,000 |
$109,000 | $358,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $408,000 |
$136,000 | $200,000 |
$94,000 | $110,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $1,725,000 |
$345,000 | $815,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
108 | $22,770,000 |
$210,000 | $1,215,000 |
$153,000 | $1,996,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
116 | $24,903,000 |
$214,000 | $1,215,000 |
$145,000 | $1,996,000 |
| 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 |
2 | $496,000 |
$248,000 | $256,000 |
$92,000 | $97,000 |
| Application Denied By Financial Institution |
1 | $181,000 |
$181,000 | $181,000 |
$69,000 | $69,000 |
| Application Withdrawn By Applicant |
12 | $2,820,000 |
$235,000 | $400,000 |
$98,000 | $297,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
101 | $21,406,000 |
$211,000 | $1,215,000 |
$152,000 | $1,996,000 |
| 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 |
|
|
| 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 |
1 | $181,000 |
$181,000 | $181,000 |
$69,000 | $69,000 |
| 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 OAK BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
