Bank of Florida - Southwest Mortgage Lending & HMDA Data, 2006
In 2006, Bank of Florida - Southwest of Naples, FL reported 59 mortgage applications totaling $40.8 million, up 55% from 2005. The average application was for $691,525, and applicants reported an average income of $543,101. 78% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Naples-Marco Island, FL (37), Cape Coral-Fort Myers, FL (16) and Tampa-St. Petersburg-Clearwater, FL (2) (applications in parentheses).
| Mortgage Company & Address | Bank of Florida - Southwest 1185 Immokalee Rd Naples, FL 34110 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 59 |
| Total Mortgage Loan Application Amount | $40,800,000 |
| Average Mortgage Loan Application Amount | $691,525 |
| Highest Mortgage Loan Application Amount | $5,000,000 |
| Average Applicant Income | $543,101 |
| Highest Applicant Income | $3,312,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bank of Florida - Southwest filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
Mortgage Loan Application Detail Totals for Bank of Florida - Southwest in 2006
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 34 | $17,755,000 | $522,000 | $2,295,000 | $565,000 | $3,312,000 |
| Refinancing | 24 | $22,245,000 | $926,000 | $5,000,000 | $521,000 | $2,704,000 |
| Home Improvement | 1 | $800,000 | $800,000 | $800,000 | $329,000 | $329,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 40 | $21,006,000 | $525,000 | $2,000,000 | $476,000 | $3,312,000 |
| Not Provided | 14 | $18,404,000 | $1,314,000 | $5,000,000 | $674,000 | $2,704,000 |
| Not applicable | 4 | $1,200,000 | $300,000 | $510,000 | $894,000 | $1,240,000 |
| Hispanic | 1 | $190,000 | $190,000 | $190,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 59 | $40,800,000 | $691,000 | $5,000,000 | $543,000 | $3,312,000 |
| 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 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 46 | $31,144,000 | $677,000 | $5,000,000 | $583,000 | $3,312,000 |
| Application Approved But Not Accepted | 6 | $4,699,000 | $783,000 | $2,295,000 | $447,000 | $1,175,000 |
| Application Denied By Financial Institution | 5 | $2,452,000 | $490,000 | $1,000,000 | $327,000 | $676,000 |
| Application Withdrawn By Applicant | 1 | $2,000,000 | $2,000,000 | $2,000,000 | $788,000 | $788,000 |
| File Closed For Incompleteness | 1 | $505,000 | $505,000 | $505,000 | $142,000 | $142,000 |
| 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 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 3 | $1,689,000 | $563,000 | $1,000,000 | $306,000 | $676,000 |
| Collateral | 1 | $146,000 | $146,000 | $146,000 | $540,000 | $540,000 |
| Other | 1 | $617,000 | $617,000 | $617,000 | $180,000 | $180,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank of Florida - Southwest's 2006 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Bank of Florida - Southwest's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Florida, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About