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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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PROSPERITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PROSPERITY BANK |
| Address | 1301 NORTH MECHANIC
EL CAMPO, TX 77437 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,414 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $153,272,000 |
| Average Mortgage Loan Amount Applied For | $116,782 |
| Highest Mortgage Loan Amount Applied For | $8,100,000 |
| Average Applicant Income | $121,230 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
512 | $15,260,000 |
$29,000 | $1,600,000 |
$78,000 | $1,889,000 |
| Home Purchase |
713 | $117,083,000 |
$164,000 | $8,100,000 |
$126,000 | $9,999,000 |
| Refinancing |
214 | $25,140,000 |
$117,000 | $1,350,000 |
$113,000 | $2,995,000 |
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| American Indian or Alaskan Native |
6 | $402,000 |
$67,000 | $156,000 |
$59,000 | $98,000 |
| Asian |
16 | $2,212,000 |
$138,000 | $417,000 |
$156,000 | $1,101,000 |
| Black or African American |
57 | $3,262,000 |
$57,000 | $400,000 |
$114,000 | $453,000 |
| Hispanic |
255 | $15,382,000 |
$60,000 | $1,144,000 |
$65,000 | $720,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $765,000 |
$127,000 | $200,000 |
$85,000 | $170,000 |
| Not applicable |
105 | $40,022,000 |
$381,000 | $8,100,000 |
$0 | $98,000 |
| Not Provided |
59 | $10,181,000 |
$172,000 | $2,155,000 |
$291,000 | $9,999,000 |
| White |
935 | $85,257,000 |
$91,000 | $1,861,000 |
$118,000 | $2,995,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,438 | $157,443,000 |
$109,000 | $8,100,000 |
$107,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
1 | $40,000 |
$40,000 | $40,000 |
$57,000 | $57,000 |
| 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 |
51 | $4,041,000 |
$79,000 | $284,000 |
$97,000 | $750,000 |
| Application Denied By Financial Institution |
264 | $9,263,000 |
$35,000 | $300,000 |
$49,000 | $358,000 |
| Application Withdrawn By Applicant |
30 | $3,564,000 |
$118,000 | $440,000 |
$64,000 | $150,000 |
| File Closed For Incompleteness |
7 | $1,030,000 |
$147,000 | $335,000 |
$67,000 | $144,000 |
| Loan Originated |
1,031 | $130,172,000 |
$126,000 | $8,100,000 |
$124,000 | $9,999,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
46 | $8,410,000 |
$182,000 | $1,861,000 |
$96,000 | $541,000 |
| Preapproval Denied by Financial Institution |
10 | $1,003,000 |
$100,000 | $180,000 |
$75,000 | $168,000 |
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| Collateral |
16 | $926,000 |
$57,000 | $200,000 |
$69,000 | $168,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
198 | $6,083,000 |
$30,000 | $300,000 |
$50,000 | $358,000 |
| Debt-To-Income Ratio |
50 | $2,848,000 |
$56,000 | $259,000 |
$44,000 | $139,000 |
| Employment History |
5 | $45,000 |
$9,000 | $15,000 |
$32,000 | $48,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $264,000 |
$88,000 | $180,000 |
$31,000 | $48,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $100,000 |
$50,000 | $52,000 |
$113,000 | $120,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PROSPERITY BANK by:
Metropolitan Area And
County
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