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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 BUSINESS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BUSINESS BANK |
| Address | 6100 CORPORATE BOULEVARD
BATON ROUGE, LA 70808 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 58 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,496,000 |
| Average Mortgage Loan Amount Applied For | $92,045 |
| Highest Mortgage Loan Amount Applied For | $1,066,000 |
| Average Applicant Income | $99,181 |
| Highest Applicant Income | $4,661,000 |
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| Home Improvement |
1 | $7,000 |
$7,000 | $7,000 |
$40,000 | $40,000 |
| Home Purchase |
38 | $4,053,000 |
$220,000 | $600,000 |
$59,500 | $771,000 |
| Refinancing |
24 | $6,129,000 |
$281,500 | $1,066,000 |
$465,500 | $4,661,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $205,000 |
$205,000 | $205,000 |
$92,000 | $92,000 |
| Black or African American |
4 | $196,000 |
$49,000 | $68,000 |
$34,000 | $49,000 |
| Hispanic |
1 | $24,000 |
$24,000 | $24,000 |
$112,000 | $112,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
13 | $4,085,000 |
$391,000 | $740,000 |
$0 | $0 |
| Not Provided |
3 | $183,000 |
$61,000 | $114,000 |
$54,000 | $73,000 |
| White |
41 | $5,496,000 |
$218,500 | $1,066,000 |
$428,000 | $4,661,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
63 | $10,189,000 |
$242,000 | $1,066,000 |
$187,500 | $4,661,000 |
| 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 |
4 | $1,225,000 |
$306,000 | $578,000 |
$14,000 | $40,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
31 | $7,723,000 |
$284,500 | $1,066,000 |
$280,000 | $4,661,000 |
| Loan Purchased By The Institution |
28 | $1,241,000 |
$44,000 | $76,000 |
$42,000 | $79,000 |
| 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 |
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 BUSINESS BANK by:
Metropolitan Area And
County
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