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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 VENICE
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK OF VENICE |
| Address | 240 NOKOMIS AVENUE SOUTH VENICE, FL 34285-2321 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 56 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,372,000 |
| Average Mortgage Loan Amount Applied For | $327,500 |
| Highest Mortgage Loan Amount Applied For | $825,000 |
| Average Applicant Income | $140,500 |
| Highest Applicant Income | $2,486,000 |
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| Home Improvement |
16 | $349,000 |
$21,000 | $60,000 |
$170,000 | $283,000 |
| Home Purchase |
29 | $7,208,000 |
$248,000 | $825,000 |
$162,000 | $2,486,000 |
| Refinancing |
11 | $1,815,000 |
$165,000 | $260,000 |
$70,000 | $252,000 |
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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 |
1 | $15,000 |
$15,000 | $15,000 |
$43,000 | $43,000 |
| Hispanic |
1 | $178,000 |
$178,000 | $178,000 |
$252,000 | $252,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $50,000 |
$50,000 | $50,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
53 | $9,129,000 |
$172,000 | $825,000 |
$149,000 | $2,486,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
56 | $9,372,000 |
$167,000 | $825,000 |
$146,000 | $2,486,000 |
| 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 | $144,000 |
$144,000 | $144,000 |
$93,000 | $93,000 |
| Application Denied By Financial Institution |
5 | $496,000 |
$99,000 | $195,000 |
$33,000 | $71,000 |
| Application Withdrawn By Applicant |
3 | $681,000 |
$227,000 | $350,000 |
$80,000 | $147,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
47 | $8,051,000 |
$171,000 | $825,000 |
$164,000 | $2,486,000 |
| 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 |
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 |
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Mortgage Loan App Totals for THE BANK OF VENICE by:
Metropolitan Area And
County
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