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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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REPUBLIC BANK, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
REPUBLIC BANK, INC. |
| Address | 306 WEST SUPERIOR ST
DULUTH, MN 55802 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 90 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,505,000 |
| Average Mortgage Loan Amount Applied For | $46,500 |
| Highest Mortgage Loan Amount Applied For | $326,000 |
| Average Applicant Income | $72,000 |
| Highest Applicant Income | $1,317,000 |
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| Home Improvement |
28 | $542,000 |
$19,000 | $50,000 |
$50,000 | $132,000 |
| Home Purchase |
17 | $1,548,000 |
$91,000 | $309,000 |
$125,000 | $1,317,000 |
| Refinancing |
49 | $3,745,000 |
$76,000 | $326,000 |
$71,000 | $404,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $1,297,000 |
$144,000 | $326,000 |
$0 | $0 |
| Not Provided |
1 | $130,000 |
$130,000 | $130,000 |
$42,000 | $42,000 |
| White |
84 | $4,408,000 |
$52,000 | $323,000 |
$83,000 | $1,317,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
94 | $5,835,000 |
$62,000 | $326,000 |
$75,000 | $1,317,000 |
| 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 |
2 | $43,000 |
$21,000 | $35,000 |
$74,000 | $84,000 |
| Application Denied By Financial Institution |
15 | $642,000 |
$42,000 | $160,000 |
$50,000 | $84,000 |
| Application Withdrawn By Applicant |
2 | $48,000 |
$24,000 | $25,000 |
$80,000 | $113,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
75 | $5,102,000 |
$68,000 | $326,000 |
$79,000 | $1,317,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $177,000 |
$35,000 | $63,000 |
$43,000 | $61,000 |
| Debt-To-Income Ratio |
1 | $36,000 |
$36,000 | $36,000 |
$50,000 | $50,000 |
| 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 REPUBLIC BANK, INC. by:
Metropolitan Area And
County
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