|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SUMMIT BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SUMMIT BANK |
| Address | 2120 FREEWAY DRIVE
MT. VERNON, WA 98273 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 39 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,192,000 |
| Average Mortgage Loan Amount Applied For | $284,750 |
| Highest Mortgage Loan Amount Applied For | $833,000 |
| Average Applicant Income | $30,500 |
| Highest Applicant Income | $169,000 |
|
|
|
| Home Improvement |
10 | $1,015,000 |
$101,000 | $260,000 |
$63,000 | $169,000 |
| Home Purchase |
10 | $1,293,000 |
$129,000 | $833,000 |
$39,000 | $85,000 |
| Refinancing |
19 | $1,884,000 |
$99,000 | $226,000 |
$29,000 | $124,000 |
|
|
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $1,927,000 |
$214,000 | $833,000 |
$0 | $0 |
| Not Provided |
1 | $12,000 |
$12,000 | $12,000 |
$24,000 | $24,000 |
| White |
29 | $2,253,000 |
$77,000 | $260,000 |
$53,000 | $169,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
39 | $4,192,000 |
$107,000 | $833,000 |
$40,000 | $169,000 |
| 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 |
2 | $55,000 |
$27,000 | $40,000 |
$104,000 | $124,000 |
| Application Denied By Financial Institution |
6 | $368,000 |
$61,000 | $186,000 |
$43,000 | $85,000 |
| Application Withdrawn By Applicant |
1 | $260,000 |
$260,000 | $260,000 |
$54,000 | $54,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
30 | $3,509,000 |
$116,000 | $833,000 |
$35,000 | $169,000 |
| 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 |
|
|
| 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 |
|
Mortgage Loan App Totals for SUMMIT BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
