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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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RAINIER PACIFIC BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
RAINIER PACIFIC BANK |
| Address | 1498 PACIFIC AVENUE
TACOMA, WA 98402 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 224 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $59,845,000 |
| Average Mortgage Loan Amount Applied For | $591,000 |
| Highest Mortgage Loan Amount Applied For | $4,430,000 |
| Average Applicant Income | $58,285 |
| Highest Applicant Income | $1,298,000 |
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| Home Improvement |
34 | $7,011,000 |
$206,000 | $635,000 |
$86,000 | $202,000 |
| Home Purchase |
48 | $22,030,000 |
$458,000 | $4,430,000 |
$112,000 | $1,298,000 |
| Refinancing |
142 | $30,804,000 |
$216,000 | $3,910,000 |
$70,000 | $272,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
11 | $2,131,000 |
$193,000 | $552,000 |
$71,000 | $272,000 |
| Black or African American |
12 | $1,647,000 |
$137,000 | $235,000 |
$67,000 | $140,000 |
| Hispanic |
9 | $1,431,000 |
$159,000 | $215,000 |
$79,000 | $226,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $180,000 |
$180,000 | $180,000 |
$70,000 | $70,000 |
| Not applicable |
8 | $18,356,000 |
$2,294,000 | $4,430,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
183 | $36,100,000 |
$197,000 | $1,125,000 |
$86,000 | $1,298,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
224 | $59,845,000 |
$267,000 | $4,430,000 |
$81,000 | $1,298,000 |
| 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 |
5 | $700,000 |
$140,000 | $196,000 |
$76,000 | $133,000 |
| Application Denied By Financial Institution |
21 | $3,811,000 |
$181,000 | $305,000 |
$52,000 | $88,000 |
| Application Withdrawn By Applicant |
31 | $6,395,000 |
$206,000 | $552,000 |
$73,000 | $272,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
167 | $48,939,000 |
$293,000 | $4,430,000 |
$86,000 | $1,298,000 |
| 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 |
3 | $460,000 |
$153,000 | $255,000 |
$61,000 | $63,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $926,000 |
$185,000 | $252,000 |
$60,000 | $66,000 |
| Debt-To-Income Ratio |
12 | $2,365,000 |
$197,000 | $305,000 |
$45,000 | $88,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for RAINIER PACIFIC BANK by:
Metropolitan Area And
County
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