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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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PLATINUM COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PLATINUM COMMUNITY BANK |
| Address | 2915 KIRCHOFF RD
ROLLING MEADOWS, IL 60008 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,959 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $499,220,000 |
| Average Mortgage Loan Amount Applied For | $163,647 |
| Highest Mortgage Loan Amount Applied For | $1,523,000 |
| Average Applicant Income | $66,669 |
| Highest Applicant Income | $1,500,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,245 | $343,419,000 |
$152,000 | $974,000 |
$75,000 | $1,500,000 |
| Refinancing |
737 | $158,095,000 |
$214,000 | $1,523,000 |
$69,000 | $1,145,000 |
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| American Indian or Alaskan Native |
6 | $1,151,000 |
$191,000 | $383,000 |
$31,000 | $96,000 |
| Asian |
102 | $21,339,000 |
$209,000 | $618,000 |
$71,000 | $1,145,000 |
| Black or African American |
230 | $32,532,000 |
$141,000 | $750,000 |
$81,000 | $500,000 |
| Hispanic |
755 | $132,309,000 |
$175,000 | $1,000,000 |
$46,000 | $613,000 |
| Native Hawaiin or Other Pacific Islander |
21 | $4,627,000 |
$220,000 | $560,000 |
$68,000 | $192,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
164 | $31,170,000 |
$190,000 | $849,000 |
$80,000 | $480,000 |
| White |
1,704 | $278,386,000 |
$163,000 | $1,523,000 |
$84,000 | $1,500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,789 | $476,321,000 |
$170,000 | $1,523,000 |
$74,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) |
159 | $19,678,000 |
$123,000 | $328,000 |
$57,000 | $137,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
34 | $5,515,000 |
$162,000 | $330,000 |
$62,000 | $136,000 |
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| Application Approved But Not Accepted |
65 | $20,180,000 |
$310,000 | $1,025,000 |
$100,000 | $1,145,000 |
| Application Denied By Financial Institution |
76 | $16,545,000 |
$217,000 | $928,000 |
$65,000 | $360,000 |
| Application Withdrawn By Applicant |
13 | $1,594,000 |
$122,000 | $486,000 |
$51,000 | $135,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
447 | $89,545,000 |
$200,000 | $1,523,000 |
$86,000 | $624,000 |
| Loan Purchased By The Institution |
2,381 | $373,650,000 |
$156,000 | $975,000 |
$71,000 | $1,500,000 |
| 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 |
15 | $3,592,000 |
$239,000 | $638,000 |
$83,000 | $360,000 |
| Credit Application Incomplete |
4 | $596,000 |
$149,000 | $372,000 |
$66,000 | $98,000 |
| Credit History |
12 | $2,640,000 |
$220,000 | $812,000 |
$61,000 | $280,000 |
| Debt-To-Income Ratio |
20 | $3,427,000 |
$171,000 | $696,000 |
$64,000 | $158,000 |
| Employment History |
2 | $197,000 |
$98,000 | $166,000 |
$54,000 | $55,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $50,000 |
$50,000 | $50,000 |
$0 | $0 |
| Other |
18 | $4,053,000 |
$225,000 | $750,000 |
$41,000 | $149,000 |
| Unverifiable Information |
4 | $1,990,000 |
$497,000 | $928,000 |
$146,000 | $293,000 |
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Mortgage Loan App Totals for PLATINUM COMMUNITY BANK by:
Metropolitan Area And
County
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