|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
REPUBLIC FEDERAL BANK, N.A.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
REPUBLIC FEDERAL BANK, N.A. |
| Address | 1001 BRICKELL BAY DRIVE
MIAMI, FL 33131 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,571 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $670,630,000 |
| Average Mortgage Loan Amount Applied For | $369,197 |
| Highest Mortgage Loan Amount Applied For | $6,000,000 |
| Average Applicant Income | $135,676 |
| Highest Applicant Income | $3,539,000 |
|
|
|
| Home Improvement |
4 | $9,265,000 |
$2,316,000 | $2,525,000 |
$180,000 | $722,000 |
| Home Purchase |
991 | $413,801,000 |
$417,000 | $5,790,000 |
$138,000 | $2,400,000 |
| Refinancing |
576 | $247,564,000 |
$429,000 | $6,000,000 |
$142,000 | $3,539,000 |
|
|
| American Indian or Alaskan Native |
5 | $1,652,000 |
$330,000 | $417,000 |
$96,000 | $131,000 |
| Asian |
817 | $314,339,000 |
$384,000 | $1,600,000 |
$131,000 | $874,000 |
| Black or African American |
57 | $20,424,000 |
$358,000 | $900,000 |
$104,000 | $300,000 |
| Hispanic |
139 | $66,459,000 |
$478,000 | $3,700,000 |
$194,000 | $3,539,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $3,449,000 |
$383,000 | $648,000 |
$117,000 | $256,000 |
| Not applicable |
95 | $83,976,000 |
$883,000 | $6,000,000 |
$0 | $0 |
| Not Provided |
31 | $14,109,000 |
$455,000 | $1,750,000 |
$128,000 | $600,000 |
| White |
418 | $166,222,000 |
$397,000 | $2,860,000 |
$177,000 | $2,400,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,571 | $670,630,000 |
$426,000 | $6,000,000 |
$140,000 | $3,539,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
566 | $225,994,000 |
$399,000 | $2,310,000 |
$135,000 | $1,081,000 |
| Application Denied By Financial Institution |
108 | $46,883,000 |
$434,000 | $1,988,000 |
$154,000 | $840,000 |
| Application Withdrawn By Applicant |
40 | $32,149,000 |
$803,000 | $5,790,000 |
$213,000 | $3,539,000 |
| File Closed For Incompleteness |
70 | $32,227,000 |
$460,000 | $2,525,000 |
$121,000 | $566,000 |
| Loan Originated |
781 | $331,978,000 |
$425,000 | $6,000,000 |
$139,000 | $2,400,000 |
| Loan Purchased By The Institution |
6 | $1,399,000 |
$233,000 | $403,000 |
$117,000 | $282,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
13 | $5,710,000 |
$439,000 | $840,000 |
$189,000 | $456,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
48 | $20,216,000 |
$421,000 | $1,855,000 |
$136,000 | $840,000 |
| Debt-To-Income Ratio |
10 | $4,847,000 |
$484,000 | $1,280,000 |
$117,000 | $252,000 |
| Employment History |
4 | $2,837,000 |
$709,000 | $1,600,000 |
$217,000 | $401,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
30 | $11,512,000 |
$383,000 | $1,988,000 |
$151,000 | $766,000 |
| Unverifiable Information |
3 | $1,761,000 |
$587,000 | $825,000 |
$358,000 | $840,000 |
|
Mortgage Loan App Totals for REPUBLIC FEDERAL BANK, N.A. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
