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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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PEOPLE'S BANK OF COMMERCE
Mortgage Loans and Application Details
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| Mortgage Company Name |
PEOPLE'S BANK OF COMMERCE |
| Address | 750 BIDDLE ROAD
MEDFORD, OR 97504 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 328 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $66,860,000 |
| Average Mortgage Loan Amount Applied For | $197,947 |
| Highest Mortgage Loan Amount Applied For | $691,000 |
| Average Applicant Income | $73,210 |
| Highest Applicant Income | $1,129,000 |
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| Home Improvement |
5 | $822,000 |
$164,000 | $331,000 |
$112,000 | $227,000 |
| Home Purchase |
124 | $24,739,000 |
$199,000 | $660,000 |
$88,000 | $1,129,000 |
| Refinancing |
199 | $41,299,000 |
$207,000 | $691,000 |
$82,000 | $345,000 |
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| American Indian or Alaskan Native |
5 | $979,000 |
$195,000 | $247,000 |
$68,000 | $107,000 |
| Asian |
4 | $1,048,000 |
$262,000 | $378,000 |
$68,000 | $126,000 |
| Black or African American |
2 | $463,000 |
$231,000 | $235,000 |
$65,000 | $84,000 |
| Hispanic |
14 | $2,765,000 |
$197,000 | $319,000 |
$78,000 | $179,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
18 | $3,492,000 |
$194,000 | $417,000 |
$83,000 | $290,000 |
| White |
285 | $58,113,000 |
$203,000 | $691,000 |
$86,000 | $1,129,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
298 | $60,954,000 |
$204,000 | $691,000 |
$88,000 | $1,129,000 |
| FHA-insured (Federal Housing Administration) |
16 | $2,844,000 |
$177,000 | $270,000 |
$64,000 | $227,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
5 | $1,130,000 |
$226,000 | $235,000 |
$43,000 | $48,000 |
| VA-guaranteed (Veterans Administration) |
9 | $1,932,000 |
$214,000 | $281,000 |
$52,000 | $61,000 |
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| Application Approved But Not Accepted |
14 | $2,529,000 |
$180,000 | $417,000 |
$85,000 | $290,000 |
| Application Denied By Financial Institution |
9 | $1,500,000 |
$166,000 | $232,000 |
$92,000 | $225,000 |
| Application Withdrawn By Applicant |
48 | $9,488,000 |
$197,000 | $465,000 |
$68,000 | $233,000 |
| File Closed For Incompleteness |
9 | $1,416,000 |
$157,000 | $315,000 |
$177,000 | $1,129,000 |
| Loan Originated |
248 | $51,927,000 |
$209,000 | $691,000 |
$84,000 | $390,000 |
| 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 |
6 | $1,009,000 |
$168,000 | $232,000 |
$92,000 | $170,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $130,000 |
$130,000 | $130,000 |
$5,000 | $5,000 |
| 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 |
1 | $146,000 |
$146,000 | $146,000 |
$225,000 | $225,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PEOPLE'S BANK OF COMMERCE by:
Metropolitan Area And
County
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