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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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THE BANCORP BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANCORP BANK |
| Address | 405 SILVERSIDE ROAD, SUITE 105
WILMINGTON, DE 19809-1731 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 92 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $38,052,000 |
| Average Mortgage Loan Amount Applied For | $465,423 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $490,500 |
| Highest Applicant Income | $9,000,000 |
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| Home Improvement |
9 | $312,000 |
$34,000 | $110,000 |
$102,000 | $374,000 |
| Home Purchase |
42 | $21,978,000 |
$523,000 | $3,806,000 |
$534,000 | $9,000,000 |
| Refinancing |
41 | $15,762,000 |
$384,000 | $4,000,000 |
$416,000 | $6,038,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $756,000 |
$378,000 | $388,000 |
$187,000 | $214,000 |
| Black or African American |
2 | $300,000 |
$150,000 | $270,000 |
$234,000 | $326,000 |
| Hispanic |
2 | $17,000 |
$8,000 | $12,000 |
$49,000 | $54,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
18 | $13,529,000 |
$751,000 | $4,000,000 |
$941,000 | $9,000,000 |
| Not Provided |
2 | $742,000 |
$371,000 | $740,000 |
$123,000 | $224,000 |
| White |
66 | $22,708,000 |
$344,000 | $2,440,000 |
$338,000 | $6,038,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
92 | $38,052,000 |
$413,000 | $4,000,000 |
$439,000 | $9,000,000 |
| 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 |
1 | $440,000 |
$440,000 | $440,000 |
$116,000 | $116,000 |
| Application Denied By Financial Institution |
8 | $902,000 |
$112,000 | $740,000 |
$73,000 | $224,000 |
| Application Withdrawn By Applicant |
4 | $1,246,000 |
$311,000 | $484,000 |
$202,000 | $295,000 |
| File Closed For Incompleteness |
2 | $67,000 |
$33,000 | $65,000 |
$396,000 | $396,000 |
| Loan Originated |
70 | $29,583,000 |
$422,000 | $4,000,000 |
$533,000 | $9,000,000 |
| Loan Purchased By The Institution |
7 | $5,814,000 |
$830,000 | $3,806,000 |
$114,000 | $800,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $40,000 |
$8,000 | $30,000 |
$47,000 | $142,000 |
| 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 |
2 | $752,000 |
$376,000 | $740,000 |
$139,000 | $224,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE BANCORP BANK by:
Metropolitan Area And
County
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