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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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SOUTH COAST COMMERCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SOUTH COAST COMMERCIAL BANK |
| Address | 19752 MAC ARTHUR BLVD
IRVINE, CA 92612 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 2 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,750,000 |
| Average Mortgage Loan Amount Applied For | $875,000 |
| Highest Mortgage Loan Amount Applied For | $1,250,000 |
| Average Applicant Income | $0 |
| Highest Applicant Income | $0 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
65 | $34,162,000 |
$882,000 | $2,025,000 |
$5,500 | $402,000 |
| Refinancing |
43 | $15,106,000 |
$423,500 | $800,000 |
$12,500 | $138,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
19 | $10,246,000 |
$539,000 | $2,025,000 |
$30,000 | $126,000 |
| Black or African American |
6 | $2,015,000 |
$335,000 | $548,000 |
$4,000 | $44,000 |
| Hispanic |
23 | $9,944,000 |
$822,500 | $1,250,000 |
$7,000 | $93,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $522,000 |
$261,000 | $312,000 |
$0 | $0 |
| Not Provided |
37 | $15,642,000 |
$460,000 | $1,406,000 |
$7,500 | $402,000 |
| White |
21 | $10,899,000 |
$519,000 | $1,134,000 |
$22,000 | $138,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
108 | $49,268,000 |
$661,500 | $2,025,000 |
$9,000 | $402,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
47 | $24,721,000 |
$525,000 | $2,025,000 |
$13,000 | $108,000 |
| Application Withdrawn By Applicant |
38 | $16,866,000 |
$647,000 | $1,250,000 |
$8,500 | $402,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
23 | $7,681,000 |
$333,000 | $860,000 |
$31,000 | $192,000 |
| 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 |
24 | $12,885,000 |
$536,000 | $2,025,000 |
$24,000 | $108,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $2,470,000 |
$308,000 | $430,000 |
$0 | $0 |
| Debt-To-Income Ratio |
13 | $7,331,000 |
$563,000 | $1,406,000 |
$12,000 | $75,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $1,560,000 |
$1,560,000 | $1,560,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $475,000 |
$475,000 | $475,000 |
$0 | $0 |
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Mortgage Loan App Totals for SOUTH COAST COMMERCIAL BANK by:
Metropolitan Area And
County
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