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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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ROCKFORD BANK AND TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
ROCKFORD BANK AND TRUST |
| Address | 127 WYMAN STREET
ROCKFORD, IL 61101 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 143 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,019,000 |
| Average Mortgage Loan Amount Applied For | $288,083 |
| Highest Mortgage Loan Amount Applied For | $1,176,000 |
| Average Applicant Income | $112,083 |
| Highest Applicant Income | $4,681,000 |
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| Home Improvement |
9 | $962,000 |
$106,000 | $324,000 |
$89,000 | $175,000 |
| Home Purchase |
86 | $15,345,000 |
$178,000 | $800,000 |
$162,000 | $4,681,000 |
| Refinancing |
54 | $10,401,000 |
$192,000 | $1,176,000 |
$80,000 | $325,000 |
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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 |
5 | $663,000 |
$132,000 | $200,000 |
$136,000 | $161,000 |
| Hispanic |
3 | $276,000 |
$92,000 | $196,000 |
$44,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $4,216,000 |
$468,000 | $1,176,000 |
$0 | $0 |
| Not Provided |
1 | $60,000 |
$60,000 | $60,000 |
$0 | $0 |
| White |
131 | $21,493,000 |
$164,000 | $800,000 |
$139,000 | $4,681,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
148 | $26,560,000 |
$179,000 | $1,176,000 |
$128,000 | $4,681,000 |
| FHA-insured (Federal Housing Administration) |
1 | $148,000 |
$148,000 | $148,000 |
$66,000 | $66,000 |
| 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 |
1 | $225,000 |
$225,000 | $225,000 |
$63,000 | $63,000 |
| Application Denied By Financial Institution |
6 | $865,000 |
$144,000 | $463,000 |
$44,000 | $155,000 |
| Application Withdrawn By Applicant |
18 | $3,551,000 |
$197,000 | $612,000 |
$113,000 | $487,000 |
| File Closed For Incompleteness |
6 | $1,175,000 |
$195,000 | $417,000 |
$128,000 | $262,000 |
| Loan Originated |
116 | $20,544,000 |
$177,000 | $1,176,000 |
$136,000 | $4,681,000 |
| 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 |
2 | $348,000 |
$174,000 | $200,000 |
$69,000 | $72,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 ROCKFORD BANK AND TRUST by:
Metropolitan Area And
County
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