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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 PARK BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE PARK BANK |
| Address | 1801 GREENWAY CROSS
MADISON, WI 53713 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 565 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $95,168,000 |
| Average Mortgage Loan Amount Applied For | $146,459 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $91,918 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
22 | $741,000 |
$33,000 | $125,000 |
$76,000 | $239,000 |
| Home Purchase |
332 | $58,307,000 |
$175,000 | $693,000 |
$79,000 | $409,000 |
| Refinancing |
211 | $36,120,000 |
$171,000 | $1,500,000 |
$93,000 | $1,000,000 |
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| American Indian or Alaskan Native |
2 | $96,000 |
$48,000 | $48,000 |
$49,000 | $54,000 |
| Asian |
6 | $1,291,000 |
$215,000 | $362,000 |
$97,000 | $130,000 |
| Black or African American |
6 | $771,000 |
$128,000 | $390,000 |
$119,000 | $208,000 |
| Hispanic |
92 | $13,438,000 |
$146,000 | $430,000 |
$51,000 | $141,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
459 | $79,572,000 |
$173,000 | $1,500,000 |
$90,000 | $1,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
565 | $95,168,000 |
$168,000 | $1,500,000 |
$84,000 | $1,000,000 |
| 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 |
18 | $3,391,000 |
$188,000 | $430,000 |
$83,000 | $227,000 |
| Application Denied By Financial Institution |
18 | $1,660,000 |
$92,000 | $265,000 |
$49,000 | $108,000 |
| Application Withdrawn By Applicant |
4 | $551,000 |
$137,000 | $225,000 |
$89,000 | $239,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
525 | $89,566,000 |
$170,000 | $1,500,000 |
$85,000 | $1,000,000 |
| 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 |
2 | $277,000 |
$138,000 | $265,000 |
$69,000 | $108,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $638,000 |
$91,000 | $157,000 |
$55,000 | $100,000 |
| Debt-To-Income Ratio |
6 | $550,000 |
$91,000 | $193,000 |
$39,000 | $63,000 |
| 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 |
1 | $99,000 |
$99,000 | $99,000 |
$31,000 | $31,000 |
| Unverifiable Information |
1 | $48,000 |
$48,000 | $48,000 |
$54,000 | $54,000 |
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Mortgage Loan App Totals for THE PARK BANK by:
Metropolitan Area And
County
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