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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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PALOS BANK AND TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
PALOS BANK AND TRUST |
| Address | 12600 S HARLEM AVENUE
PALOS HEIGHTS, IL 60463 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 574 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $83,117,000 |
| Average Mortgage Loan Amount Applied For | $161,250 |
| Highest Mortgage Loan Amount Applied For | $788,000 |
| Average Applicant Income | $99,562 |
| Highest Applicant Income | $885,000 |
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| Home Improvement |
126 | $6,264,000 |
$49,000 | $421,000 |
$89,000 | $303,000 |
| Home Purchase |
147 | $28,847,000 |
$196,000 | $788,000 |
$96,000 | $885,000 |
| Refinancing |
303 | $48,471,000 |
$159,000 | $650,000 |
$85,000 | $440,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
10 | $1,869,000 |
$186,000 | $750,000 |
$220,000 | $504,000 |
| Black or African American |
8 | $1,490,000 |
$186,000 | $325,000 |
$70,000 | $125,000 |
| Hispanic |
13 | $1,813,000 |
$139,000 | $290,000 |
$74,000 | $111,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
22 | $5,187,000 |
$235,000 | $600,000 |
$0 | $0 |
| Not Provided |
5 | $569,000 |
$113,000 | $200,000 |
$63,000 | $128,000 |
| White |
518 | $72,654,000 |
$140,000 | $788,000 |
$91,000 | $885,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
576 | $83,582,000 |
$145,000 | $788,000 |
$89,000 | $885,000 |
| 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 |
10 | $2,621,000 |
$262,000 | $650,000 |
$109,000 | $300,000 |
| Application Denied By Financial Institution |
21 | $3,101,000 |
$147,000 | $300,000 |
$52,000 | $147,000 |
| Application Withdrawn By Applicant |
20 | $4,933,000 |
$246,000 | $609,000 |
$115,000 | $279,000 |
| File Closed For Incompleteness |
5 | $1,075,000 |
$215,000 | $328,000 |
$55,000 | $125,000 |
| Loan Originated |
518 | $71,387,000 |
$137,000 | $788,000 |
$89,000 | $885,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $340,000 |
$340,000 | $340,000 |
$97,000 | $97,000 |
| Preapproval Denied by Financial Institution |
1 | $125,000 |
$125,000 | $125,000 |
$29,000 | $29,000 |
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| Collateral |
4 | $787,000 |
$196,000 | $240,000 |
$67,000 | $83,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $1,356,000 |
$150,000 | $300,000 |
$47,000 | $117,000 |
| Debt-To-Income Ratio |
4 | $287,000 |
$71,000 | $125,000 |
$86,000 | $147,000 |
| Employment History |
3 | $356,000 |
$118,000 | $165,000 |
$31,000 | $68,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $440,000 |
$220,000 | $300,000 |
$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 PALOS BANK AND TRUST by:
Metropolitan Area And
County
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