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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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WILSHIRE STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WILSHIRE STATE BANK |
| Address | 3200 WILSHIRE BLVD SUITE 550
LOS ANGELES, CA 90010 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 152 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $110,325,000 |
| Average Mortgage Loan Amount Applied For | $402,388 |
| Highest Mortgage Loan Amount Applied For | $9,000,000 |
| Average Applicant Income | $155,388 |
| Highest Applicant Income | $1,792,000 |
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| Home Improvement |
1 | $390,000 |
$390,000 | $390,000 |
$91,000 | $91,000 |
| Home Purchase |
89 | $54,338,000 |
$610,000 | $3,975,000 |
$171,000 | $746,000 |
| Refinancing |
74 | $60,777,000 |
$821,000 | $9,000,000 |
$189,000 | $1,792,000 |
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| American Indian or Alaskan Native |
2 | $817,000 |
$408,000 | $417,000 |
$115,000 | $117,000 |
| Asian |
127 | $70,668,000 |
$556,000 | $2,250,000 |
$188,000 | $1,792,000 |
| Black or African American |
2 | $929,000 |
$464,000 | $512,000 |
$125,000 | $138,000 |
| Hispanic |
7 | $6,729,000 |
$961,000 | $3,750,000 |
$329,000 | $1,549,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $390,000 |
$390,000 | $390,000 |
$91,000 | $91,000 |
| Not applicable |
9 | $26,375,000 |
$2,930,000 | $9,000,000 |
$0 | $0 |
| Not Provided |
2 | $2,386,000 |
$1,193,000 | $1,700,000 |
$0 | $0 |
| White |
14 | $7,211,000 |
$515,000 | $1,500,000 |
$177,000 | $612,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
164 | $115,505,000 |
$704,000 | $9,000,000 |
$178,000 | $1,792,000 |
| 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 | $1,671,000 |
$557,000 | $947,000 |
$162,000 | $309,000 |
| Application Denied By Financial Institution |
7 | $3,507,000 |
$501,000 | $719,000 |
$153,000 | $216,000 |
| Application Withdrawn By Applicant |
31 | $14,453,000 |
$466,000 | $960,000 |
$180,000 | $420,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
123 | $95,874,000 |
$779,000 | $9,000,000 |
$180,000 | $1,792,000 |
| 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 | $716,000 |
$358,000 | $400,000 |
$141,000 | $180,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $2,271,000 |
$567,000 | $719,000 |
$156,000 | $216,000 |
| 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 WILSHIRE STATE BANK by:
Metropolitan Area And
County
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