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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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VALLEY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
VALLEY BANK |
| Address | 24010 SUNNYMEAD BLVD.
MORENO VALLEY, CA 92553 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 103 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,437,000 |
| Average Mortgage Loan Amount Applied For | $220,083 |
| Highest Mortgage Loan Amount Applied For | $880,000 |
| Average Applicant Income | $89,083 |
| Highest Applicant Income | $285,000 |
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| Home Improvement (one-to-four family) |
1 | $100,000 |
$100,000 | $100,000 |
$145,000 | $145,000 |
| Home Purchase (one-to-four family) |
16 | $3,547,000 |
$221,000 | $880,000 |
$85,000 | $240,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
86 | $19,790,000 |
$230,000 | $540,000 |
$85,000 | $285,000 |
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| American Indian or Alaskan Native |
1 | $156,000 |
$156,000 | $156,000 |
$46,000 | $46,000 |
| Asian or Pacific Islander |
17 | $4,947,000 |
$291,000 | $880,000 |
$96,000 | $152,000 |
| Black |
1 | $120,000 |
$120,000 | $120,000 |
$31,000 | $31,000 |
| Hispanic |
18 | $3,928,000 |
$218,000 | $318,000 |
$91,000 | $272,000 |
| Information not provided by applicant in mail or telephone application |
11 | $2,011,000 |
$182,000 | $323,000 |
$70,000 | $154,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $487,000 |
$243,000 | $250,000 |
$76,000 | $87,000 |
| White |
53 | $11,788,000 |
$222,000 | $540,000 |
$91,000 | $285,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
102 | $23,297,000 |
$228,000 | $880,000 |
$87,000 | $285,000 |
| FHA-insured (Federal Housing Administration) |
1 | $140,000 |
$140,000 | $140,000 |
$41,000 | $41,000 |
| 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 |
5 | $1,515,000 |
$303,000 | $880,000 |
$88,000 | $152,000 |
| Application Withdrawn By Applicant |
32 | $5,143,000 |
$160,000 | $540,000 |
$80,000 | $272,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
66 | $16,779,000 |
$254,000 | $390,000 |
$89,000 | $285,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $905,000 |
$452,000 | $880,000 |
$151,000 | $152,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $240,000 |
$240,000 | $240,000 |
$36,000 | $36,000 |
| 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 | $198,000 |
$198,000 | $198,000 |
$65,000 | $65,000 |
| Unverifiable Information |
1 | $172,000 |
$172,000 | $172,000 |
$37,000 | $37,000 |
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Mortgage Loan App Totals for VALLEY BANK by:
Metropolitan Area And
County
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