|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
ROCKY MOUNTAIN BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
ROCKY MOUNTAIN BANK |
| Address | 2516 KING AVENUE WEST
BILLINGS, MT 59102 |
| Agency | Federal Reserve System (FRS) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 733 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $83,924,000 |
| Average Mortgage Loan Amount Applied For | $144,459 |
| Highest Mortgage Loan Amount Applied For | $1,608,000 |
| Average Applicant Income | $55,243 |
| Highest Applicant Income | $661,000 |
|
|
|
| Home Improvement (one-to-four family) |
43 | $936,000 |
$17,000 | $200,000 |
$32,000 | $240,000 |
| Home Purchase (one-to-four family) |
255 | $33,500,000 |
$410,600 | $1,608,000 |
$38,800 | $661,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
2 | $486,000 |
$243,000 | $249,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
433 | $49,002,000 |
$106,500 | $791,000 |
$63,000 | $405,000 |
|
|
| American Indian or Alaskan Native |
7 | $769,000 |
$64,500 | $198,000 |
$60,000 | $164,000 |
| Asian or Pacific Islander |
1 | $184,000 |
$184,000 | $184,000 |
$36,000 | $36,000 |
| Black |
1 | $91,000 |
$91,000 | $91,000 |
$26,000 | $26,000 |
| Hispanic |
5 | $675,000 |
$135,000 | $192,000 |
$74,000 | $168,000 |
| Information not provided by applicant in mail or telephone application |
1 | $3,000 |
$3,000 | $3,000 |
$18,000 | $18,000 |
| Not applicable |
1 | $1,608,000 |
$1,608,000 | $1,608,000 |
$0 | $0 |
| Other |
1 | $1,000 |
$1,000 | $1,000 |
$34,000 | $34,000 |
| White |
716 | $80,593,000 |
$107,200 | $1,101,000 |
$51,400 | $661,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
628 | $72,705,000 |
$357,166 | $1,608,000 |
$44,000 | $661,000 |
| FHA-insured (Federal Housing Administration) |
75 | $7,830,000 |
$104,000 | $157,000 |
$40,000 | $261,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $275,000 |
$91,000 | $103,000 |
$34,000 | $40,000 |
| VA-guaranteed (Veterans Administration) |
27 | $3,114,000 |
$115,000 | $163,000 |
$32,000 | $76,000 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
16 | $1,699,000 |
$59,000 | $290,000 |
$38,000 | $117,000 |
| Application Withdrawn By Applicant |
53 | $6,895,000 |
$130,000 | $650,000 |
$73,000 | $661,000 |
| File Closed For Incompleteness |
2 | $226,000 |
$113,000 | $131,000 |
$50,000 | $64,000 |
| Loan Originated |
662 | $75,104,000 |
$356,833 | $1,608,000 |
$42,833 | $569,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
2 | $289,000 |
$144,000 | $145,000 |
$91,000 | $117,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $227,000 |
$113,000 | $140,000 |
$70,000 | $110,000 |
| Debt-To-Income Ratio |
1 | $290,000 |
$290,000 | $290,000 |
$53,000 | $53,000 |
| 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 |
3 | $396,000 |
$132,000 | $200,000 |
$48,000 | $57,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for ROCKY MOUNTAIN BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
