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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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WEST BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WEST BANK |
| Address | P.O. BOX 65020, 1601 22ND STREET
WEST DES MOINES, IA 50265 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 324 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $26,017,000 |
| Average Mortgage Loan Amount Applied For | $91,933 |
| Highest Mortgage Loan Amount Applied For | $628,000 |
| Average Applicant Income | $268,400 |
| Highest Applicant Income | $3,039,000 |
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| Home Improvement |
50 | $1,171,000 |
$23,000 | $151,000 |
$75,000 | $362,000 |
| Home Purchase |
142 | $11,143,000 |
$78,000 | $628,000 |
$60,000 | $691,000 |
| Refinancing |
132 | $13,703,000 |
$103,000 | $600,000 |
$113,000 | $3,039,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
15 | $1,091,000 |
$72,000 | $226,000 |
$86,000 | $213,000 |
| Black or African American |
12 | $905,000 |
$75,000 | $296,000 |
$64,000 | $105,000 |
| Hispanic |
12 | $285,000 |
$23,000 | $66,000 |
$42,000 | $90,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
20 | $2,616,000 |
$130,000 | $600,000 |
$107,000 | $691,000 |
| Not Provided |
5 | $306,000 |
$61,000 | $111,000 |
$62,000 | $100,000 |
| White |
260 | $20,814,000 |
$80,000 | $628,000 |
$85,000 | $3,039,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
324 | $26,017,000 |
$80,000 | $628,000 |
$84,000 | $3,039,000 |
| 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 |
4 | $265,000 |
$66,000 | $130,000 |
$90,000 | $113,000 |
| Application Denied By Financial Institution |
32 | $1,198,000 |
$37,000 | $172,000 |
$36,000 | $83,000 |
| Application Withdrawn By Applicant |
8 | $431,000 |
$53,000 | $150,000 |
$37,000 | $78,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
280 | $24,123,000 |
$86,000 | $628,000 |
$91,000 | $3,039,000 |
| 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 |
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 WEST BANK by:
Metropolitan Area And
County
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