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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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VENTURE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
VENTURE BANK |
| Address | P. O. BOX 1367
OLYMPIA, WA 98507 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 477 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $117,356,000 |
| Average Mortgage Loan Amount Applied For | $490,809 |
| Highest Mortgage Loan Amount Applied For | $5,475,000 |
| Average Applicant Income | $66,666 |
| Highest Applicant Income | $1,224,000 |
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| Home Improvement |
23 | $1,027,000 |
$44,000 | $347,000 |
$37,000 | $121,000 |
| Home Purchase |
312 | $83,739,000 |
$268,000 | $5,475,000 |
$82,000 | $780,000 |
| Refinancing |
142 | $32,590,000 |
$229,000 | $945,000 |
$99,000 | $1,224,000 |
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| American Indian or Alaskan Native |
3 | $546,000 |
$182,000 | $251,000 |
$66,000 | $99,000 |
| Asian |
10 | $2,291,000 |
$229,000 | $366,000 |
$77,000 | $169,000 |
| Black or African American |
7 | $1,064,000 |
$152,000 | $321,000 |
$42,000 | $87,000 |
| Hispanic |
21 | $3,117,000 |
$148,000 | $290,000 |
$51,000 | $89,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $1,272,000 |
$318,000 | $523,000 |
$93,000 | $192,000 |
| Not applicable |
11 | $9,798,000 |
$890,000 | $5,475,000 |
$0 | $0 |
| Not Provided |
4 | $884,000 |
$221,000 | $416,000 |
$19,000 | $40,000 |
| White |
417 | $98,384,000 |
$235,000 | $1,190,000 |
$91,000 | $1,224,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
453 | $112,310,000 |
$247,000 | $5,475,000 |
$87,000 | $1,224,000 |
| FHA-insured (Federal Housing Administration) |
8 | $1,211,000 |
$151,000 | $175,000 |
$50,000 | $72,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $192,000 |
$192,000 | $192,000 |
$58,000 | $58,000 |
| VA-guaranteed (Veterans Administration) |
15 | $3,643,000 |
$242,000 | $370,000 |
$65,000 | $115,000 |
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| Application Approved But Not Accepted |
20 | $5,395,000 |
$269,000 | $480,000 |
$99,000 | $188,000 |
| Application Denied By Financial Institution |
15 | $2,167,000 |
$144,000 | $500,000 |
$56,000 | $150,000 |
| Application Withdrawn By Applicant |
40 | $8,855,000 |
$221,000 | $510,000 |
$69,000 | $240,000 |
| File Closed For Incompleteness |
8 | $2,084,000 |
$260,000 | $314,000 |
$77,000 | $122,000 |
| Loan Originated |
394 | $98,855,000 |
$250,000 | $5,475,000 |
$87,000 | $1,224,000 |
| 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 | $452,000 |
$226,000 | $321,000 |
$70,000 | $87,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $892,000 |
$99,000 | $288,000 |
$64,000 | $150,000 |
| Debt-To-Income Ratio |
4 | $823,000 |
$205,000 | $500,000 |
$32,000 | $55,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for VENTURE BANK by:
Metropolitan Area And
County
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