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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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TURNBERRY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
TURNBERRY BANK |
| Address | 20295 NE 29 PLACE
AVENTURA, FL 33180 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 59 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,555,000 |
| Average Mortgage Loan Amount Applied For | $336,000 |
| Highest Mortgage Loan Amount Applied For | $2,580,000 |
| Average Applicant Income | $181,166 |
| Highest Applicant Income | $3,108,000 |
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| Home Improvement |
4 | $310,000 |
$77,000 | $100,000 |
$57,000 | $108,000 |
| Home Purchase |
29 | $17,714,000 |
$610,000 | $2,450,000 |
$357,000 | $3,108,000 |
| Refinancing |
26 | $9,531,000 |
$366,000 | $2,580,000 |
$184,000 | $2,400,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $150,000 |
$150,000 | $150,000 |
$82,000 | $82,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
9 | $4,167,000 |
$463,000 | $2,345,000 |
$618,000 | $2,400,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
17 | $9,924,000 |
$583,000 | $2,580,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
32 | $13,314,000 |
$416,000 | $1,300,000 |
$305,000 | $3,108,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
59 | $27,555,000 |
$467,000 | $2,580,000 |
$261,000 | $3,108,000 |
| 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 | $2,675,000 |
$535,000 | $706,000 |
$446,000 | $613,000 |
| Application Denied By Financial Institution |
3 | $465,000 |
$155,000 | $330,000 |
$816,000 | $2,400,000 |
| Application Withdrawn By Applicant |
6 | $6,518,000 |
$1,086,000 | $2,450,000 |
$618,000 | $2,160,000 |
| File Closed For Incompleteness |
2 | $1,126,000 |
$563,000 | $563,000 |
$0 | $0 |
| Loan Originated |
43 | $16,771,000 |
$390,000 | $2,580,000 |
$163,000 | $3,108,000 |
| 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 |
1 | $100,000 |
$100,000 | $100,000 |
$50,000 | $50,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $330,000 |
$330,000 | $330,000 |
$2,400,000 | $2,400,000 |
| Debt-To-Income Ratio |
1 | $35,000 |
$35,000 | $35,000 |
$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 TURNBERRY BANK by:
Metropolitan Area And
County
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