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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 & TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
VALLEY BANK & TRUST |
| Address | 30 NORTH 4TH AVENUE
BRIGHTON, CO 80601 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 49 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,564,000 |
| Average Mortgage Loan Amount Applied For | $146,250 |
| Highest Mortgage Loan Amount Applied For | $1,160,000 |
| Average Applicant Income | $43,083 |
| Highest Applicant Income | $238,000 |
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| Home Improvement |
24 | $448,000 |
$18,000 | $103,000 |
$54,000 | $136,000 |
| Home Purchase |
20 | $2,845,000 |
$142,000 | $432,000 |
$49,000 | $238,000 |
| Refinancing |
6 | $1,311,000 |
$218,000 | $1,160,000 |
$61,000 | $148,000 |
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| American Indian or Alaskan Native |
1 | $36,000 |
$36,000 | $36,000 |
$69,000 | $69,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
5 | $266,000 |
$53,000 | $139,000 |
$39,000 | $73,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $1,605,000 |
$321,000 | $361,000 |
$0 | $0 |
| Not Provided |
1 | $49,000 |
$49,000 | $49,000 |
$42,000 | $42,000 |
| White |
38 | $2,648,000 |
$69,000 | $1,160,000 |
$62,000 | $238,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
50 | $4,604,000 |
$92,000 | $1,160,000 |
$53,000 | $238,000 |
| 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 |
3 | $480,000 |
$160,000 | $300,000 |
$91,000 | $238,000 |
| Application Denied By Financial Institution |
15 | $443,000 |
$29,000 | $139,000 |
$47,000 | $93,000 |
| Application Withdrawn By Applicant |
3 | $115,000 |
$38,000 | $50,000 |
$43,000 | $69,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
29 | $3,566,000 |
$122,000 | $1,160,000 |
$53,000 | $148,000 |
| 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 | $54,000 |
$27,000 | $49,000 |
$59,000 | $77,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $156,000 |
$19,000 | $40,000 |
$54,000 | $93,000 |
| Debt-To-Income Ratio |
3 | $163,000 |
$54,000 | $139,000 |
$38,000 | $52,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
2 | $70,000 |
$35,000 | $40,000 |
$23,000 | $33,000 |
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Mortgage Loan App Totals for VALLEY BANK & TRUST by:
Metropolitan Area And
County
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