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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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RIVERBEND HOME MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
RIVERBEND HOME MORTGAGE |
| Address | 1991 SPRUCE HILLS DR
BETTENDORF, IA 52722 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 84 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,883,000 |
| Average Mortgage Loan Amount Applied For | $85,272 |
| Highest Mortgage Loan Amount Applied For | $315,000 |
| Average Applicant Income | $34,000 |
| Highest Applicant Income | $250,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
290 | $23,396,000 |
$80,000 | $315,000 |
$28,000 | $250,000 |
| Refinancing |
34 | $2,798,000 |
$82,000 | $190,000 |
$37,000 | $110,000 |
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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 |
36 | $2,852,000 |
$79,000 | $149,000 |
$27,000 | $102,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
284 | $23,168,000 |
$81,000 | $315,000 |
$29,000 | $250,000 |
| White |
4 | $174,000 |
$43,000 | $54,000 |
$25,000 | $32,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
287 | $22,745,000 |
$79,000 | $315,000 |
$27,000 | $250,000 |
| FHA-insured (Federal Housing Administration) |
36 | $3,324,000 |
$92,000 | $159,000 |
$39,000 | $86,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $125,000 |
$125,000 | $125,000 |
$37,000 | $37,000 |
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| Application Approved But Not Accepted |
1 | $101,000 |
$101,000 | $101,000 |
$60,000 | $60,000 |
| Application Denied By Financial Institution |
307 | $24,669,000 |
$80,000 | $315,000 |
$28,000 | $250,000 |
| Application Withdrawn By Applicant |
15 | $1,384,000 |
$92,000 | $159,000 |
$46,000 | $102,000 |
| File Closed For Incompleteness |
1 | $40,000 |
$40,000 | $40,000 |
$12,000 | $12,000 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 | $453,000 |
$151,000 | $315,000 |
$110,000 | $250,000 |
| Credit Application Incomplete |
6 | $583,000 |
$97,000 | $180,000 |
$43,000 | $90,000 |
| Credit History |
247 | $19,230,000 |
$77,000 | $288,000 |
$27,000 | $86,000 |
| Debt-To-Income Ratio |
14 | $1,261,000 |
$90,000 | $200,000 |
$24,000 | $42,000 |
| Employment History |
2 | $150,000 |
$75,000 | $85,000 |
$14,000 | $18,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $51,000 |
$51,000 | $51,000 |
$14,000 | $14,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
32 | $2,783,000 |
$86,000 | $190,000 |
$28,000 | $110,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for RIVERBEND HOME MORTGAGE by:
Metropolitan Area And
County
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