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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 PRIVATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE PRIVATE BANK |
| Address | 38505 WOODWARD AVE SUITE 1300
BLOOMFIELD HILLS, MI 48304 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 55 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,535,000 |
| Average Mortgage Loan Amount Applied For | $783,300 |
| Highest Mortgage Loan Amount Applied For | $5,200,000 |
| Average Applicant Income | $413,550 |
| Highest Applicant Income | $5,997,000 |
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| Home Improvement |
2 | $2,176,000 |
$1,088,000 | $1,776,000 |
$342,000 | $596,000 |
| Home Purchase |
32 | $18,268,000 |
$570,000 | $5,200,000 |
$374,000 | $5,997,000 |
| Refinancing |
21 | $10,091,000 |
$480,000 | $2,040,000 |
$199,000 | $1,400,000 |
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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 |
5 | $638,000 |
$127,000 | $190,000 |
$55,000 | $115,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
17 | $14,428,000 |
$848,000 | $5,200,000 |
$352,000 | $5,997,000 |
| Not Provided |
2 | $2,223,000 |
$1,111,000 | $2,040,000 |
$1,236,000 | $1,400,000 |
| White |
31 | $13,246,000 |
$427,000 | $2,400,000 |
$261,000 | $1,852,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
55 | $30,535,000 |
$555,000 | $5,200,000 |
$306,000 | $5,997,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
2 | $1,959,000 |
$979,000 | $1,776,000 |
$834,000 | $1,072,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
36 | $26,824,000 |
$745,000 | $5,200,000 |
$398,000 | $5,997,000 |
| Loan Purchased By The Institution |
17 | $1,752,000 |
$103,000 | $190,000 |
$47,000 | $115,000 |
| 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 PRIVATE BANK by:
Metropolitan Area And
County
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