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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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OLD SECOND MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
OLD SECOND MORTGAGE |
| Address | 2325 DEAN STREET SUITE 800
ST. CHARLES, IL 60175 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,787 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $303,169,000 |
| Average Mortgage Loan Amount Applied For | $199,388 |
| Highest Mortgage Loan Amount Applied For | $1,885,000 |
| Average Applicant Income | $127,791 |
| Highest Applicant Income | $1,577,000 |
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| Home Improvement |
2 | $85,000 |
$42,000 | $60,000 |
$115,000 | $115,000 |
| Home Purchase |
821 | $138,181,000 |
$168,000 | $1,885,000 |
$78,000 | $694,000 |
| Refinancing |
980 | $167,572,000 |
$170,000 | $1,722,000 |
$85,000 | $1,577,000 |
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| American Indian or Alaskan Native |
1 | $124,000 |
$124,000 | $124,000 |
$65,000 | $65,000 |
| Asian |
9 | $1,797,000 |
$199,000 | $750,000 |
$82,000 | $186,000 |
| Black or African American |
46 | $7,177,000 |
$156,000 | $350,000 |
$74,000 | $192,000 |
| Hispanic |
408 | $57,070,000 |
$139,000 | $774,000 |
$52,000 | $311,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
83 | $12,915,000 |
$155,000 | $1,000,000 |
$78,000 | $457,000 |
| White |
1,256 | $226,755,000 |
$180,000 | $1,885,000 |
$92,000 | $1,577,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,649 | $280,307,000 |
$169,000 | $1,885,000 |
$83,000 | $1,577,000 |
| FHA-insured (Federal Housing Administration) |
146 | $24,023,000 |
$164,000 | $279,000 |
$65,000 | $339,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $1,508,000 |
$188,000 | $279,000 |
$63,000 | $97,000 |
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| Application Approved But Not Accepted |
12 | $2,951,000 |
$245,000 | $1,000,000 |
$79,000 | $130,000 |
| Application Denied By Financial Institution |
101 | $16,990,000 |
$168,000 | $1,065,000 |
$69,000 | $679,000 |
| Application Withdrawn By Applicant |
284 | $51,515,000 |
$181,000 | $1,100,000 |
$76,000 | $338,000 |
| File Closed For Incompleteness |
4 | $472,000 |
$118,000 | $174,000 |
$83,000 | $112,000 |
| Loan Originated |
1,388 | $231,730,000 |
$166,000 | $1,885,000 |
$84,000 | $1,577,000 |
| 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 |
14 | $2,180,000 |
$155,000 | $360,000 |
$44,000 | $91,000 |
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| Collateral |
1 | $65,000 |
$65,000 | $65,000 |
$21,000 | $21,000 |
| Credit Application Incomplete |
6 | $1,242,000 |
$207,000 | $398,000 |
$91,000 | $250,000 |
| Credit History |
45 | $6,321,000 |
$140,000 | $320,000 |
$57,000 | $112,000 |
| Debt-To-Income Ratio |
40 | $7,619,000 |
$190,000 | $1,065,000 |
$54,000 | $270,000 |
| Employment History |
2 | $205,000 |
$102,000 | $170,000 |
$77,000 | $77,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $209,000 |
$104,000 | $172,000 |
$69,000 | $118,000 |
| Mortgage Insurance Denied |
2 | $276,000 |
$138,000 | $149,000 |
$55,000 | $67,000 |
| Other |
16 | $2,895,000 |
$180,000 | $684,000 |
$107,000 | $679,000 |
| Unverifiable Information |
1 | $338,000 |
$338,000 | $338,000 |
$147,000 | $147,000 |
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Mortgage Loan App Totals for OLD SECOND MORTGAGE by:
Metropolitan Area And
County
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