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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 BANK OF COMMERCE
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK OF COMMERCE |
| Address | 783 SOUTH ORANGE AVENUE
SARASOTA, FL 34236 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 45 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,291,000 |
| Average Mortgage Loan Amount Applied For | $468,750 |
| Highest Mortgage Loan Amount Applied For | $2,352,000 |
| Average Applicant Income | $246,625 |
| Highest Applicant Income | $1,627,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
31 | $16,085,000 |
$518,000 | $1,969,000 |
$210,000 | $1,627,000 |
| Refinancing |
14 | $7,206,000 |
$514,000 | $2,352,000 |
$260,000 | $1,200,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $384,000 |
$384,000 | $384,000 |
$268,000 | $268,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $6,262,000 |
$894,000 | $1,950,000 |
$0 | $0 |
| Not Provided |
4 | $864,000 |
$216,000 | $379,000 |
$178,000 | $300,000 |
| White |
33 | $15,781,000 |
$478,000 | $2,352,000 |
$278,000 | $1,627,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
45 | $23,291,000 |
$517,000 | $2,352,000 |
$226,000 | $1,627,000 |
| 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 |
5 | $2,039,000 |
$407,000 | $560,000 |
$226,000 | $373,000 |
| Application Denied By Financial Institution |
2 | $510,000 |
$255,000 | $350,000 |
$45,000 | $90,000 |
| Application Withdrawn By Applicant |
4 | $3,696,000 |
$924,000 | $2,352,000 |
$347,000 | $1,200,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
34 | $17,046,000 |
$501,000 | $1,969,000 |
$222,000 | $1,627,000 |
| 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 |
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 |
2 | $510,000 |
$255,000 | $350,000 |
$45,000 | $90,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE BANK OF COMMERCE by:
Metropolitan Area And
County
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