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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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WESTAMERICA BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WESTAMERICA BANK |
| Address | P.O.BOX 1250
SUISUN CITY, CA 94585 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 27 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,663,000 |
| Average Mortgage Loan Amount Applied For | $135,666 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $86,416 |
| Highest Applicant Income | $612,000 |
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| Home Improvement |
14 | $876,000 |
$62,000 | $250,000 |
$62,000 | $152,000 |
| Home Purchase |
4 | $1,518,000 |
$379,000 | $1,400,000 |
$211,000 | $612,000 |
| Refinancing |
9 | $2,269,000 |
$252,000 | $1,150,000 |
$96,000 | $188,000 |
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| American Indian or Alaskan Native |
1 | $50,000 |
$50,000 | $50,000 |
$115,000 | $115,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $15,000 |
$15,000 | $15,000 |
$27,000 | $27,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $1,723,000 |
$574,000 | $1,150,000 |
$62,000 | $188,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
22 | $2,875,000 |
$130,000 | $1,400,000 |
$102,000 | $612,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
27 | $4,663,000 |
$172,000 | $1,400,000 |
$95,000 | $612,000 |
| 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 |
1 | $20,000 |
$20,000 | $20,000 |
$101,000 | $101,000 |
| Application Denied By Financial Institution |
16 | $1,270,000 |
$79,000 | $450,000 |
$76,000 | $172,000 |
| Application Withdrawn By Applicant |
2 | $2,550,000 |
$1,275,000 | $1,400,000 |
$306,000 | $612,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
8 | $823,000 |
$102,000 | $323,000 |
$79,000 | $188,000 |
| 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 | $61,000 |
$61,000 | $61,000 |
$172,000 | $172,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $313,000 |
$52,000 | $100,000 |
$86,000 | $152,000 |
| Debt-To-Income Ratio |
5 | $655,000 |
$131,000 | $450,000 |
$47,000 | $79,000 |
| 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 |
2 | $161,000 |
$80,000 | $95,000 |
$42,000 | $44,000 |
| Unverifiable Information |
2 | $80,000 |
$40,000 | $50,000 |
$108,000 | $115,000 |
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Mortgage Loan App Totals for WESTAMERICA BANK by:
Metropolitan Area And
County
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