First Federal Bank Of Californ
Mortgage Loan Application
Totals and Details
for 2007

Mortgage Company & Address First Federal Bank Of Californ
12555 W. Jefferson Boulevard
Los Angeles, CA 90066
Tel #: available with data download
Federal Regulator * available with data download
Years 2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,529
Total Mortgage Loan Application Amount $2,836,426,000
Average Mortgage Loan Application Amount $573,831
Highest Mortgage Loan Application Amount $13,300,000
Average Applicant Income $217,493
Highest Applicant Income $7,828,000
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Mortgage Loan Application Detail Totals for First Federal Bank Of Californ in 2007

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
Refinancing 3,576 $2,180,324,000 $609,000 $13,300,000 $175,000 $6,840,000
Home Purchase 588 $468,038,000 $795,000 $8,376,000 $287,000 $7,828,000
Home Improvement 385 $197,666,000 $513,000 $4,900,000 $150,000 $1,996,000

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 1,672 $1,158,346,000 $692,000 $9,170,000 $252,000 $6,373,000
Hispanic 926 $391,605,000 $422,000 $2,138,000 $139,000 $6,840,000
Not Provided 795 $461,470,000 $580,000 $6,375,000 $196,000 $7,828,000
Asian 513 $283,604,000 $552,000 $8,376,000 $160,000 $4,490,000
Black or African American 348 $155,127,000 $445,000 $1,758,000 $143,000 $649,000
Not applicable 226 $356,443,000 $1,577,000 $13,300,000 $10,000 $575,000
Native Hawaiin or Other Pacific Islander 55 $31,156,000 $566,000 $2,049,000 $152,000 $594,000
American Indian or Alaskan Native 14 $8,277,000 $591,000 $1,160,000 $182,000 $398,000

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) 4,549 $2,846,028,000 $625,000 $13,300,000 $187,000 $7,828,000
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
Application Denied By Financial Institution 2,836 $1,681,357,000 $592,000 $9,170,000 $208,000 $7,828,000
Loan Originated 1,424 $1,002,493,000 $703,000 $13,300,000 $160,000 $5,184,000
Application Approved But Not Accepted 148 $69,097,000 $466,000 $1,800,000 $124,000 $2,372,000
Application Withdrawn By Applicant 104 $72,449,000 $696,000 $5,400,000 $130,000 $681,000
Loan Purchased By The Institution 22 $11,078,000 $503,000 $1,000,000 $15,000 $60,000
File Closed For Incompleteness 8 $5,554,000 $694,000 $1,450,000 $127,000 $293,000
Preapproval Denied by Financial Institution 5 $3,210,000 $642,000 $1,750,000 $128,000 $369,000
Preapproval Approved but not Accepted 2 $790,000 $395,000 $480,000 $81,000 $91,000

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
Credit Application Incomplete 963 $539,749,000 $560,000 $7,263,000 $209,000 $7,828,000
Collateral 558 $342,112,000 $613,000 $9,170,000 $232,000 $3,083,000
Unverifiable Information 495 $304,787,000 $615,000 $5,300,000 $221,000 $3,171,000
Debt-To-Income Ratio 355 $225,278,000 $634,000 $3,845,000 $174,000 $1,248,000
Credit History 295 $153,638,000 $520,000 $3,022,000 $162,000 $1,800,000
Insufficient Cash (Downpayment, Closing Cost) 134 $92,662,000 $691,000 $2,500,000 $248,000 $1,660,000
Employment History 22 $11,327,000 $514,000 $1,031,000 $167,000 $392,000
Other 15 $13,301,000 $886,000 $6,375,000 $251,000 $1,740,000
Mortgage Insurance Denied 4 $1,713,000 $428,000 $648,000 $130,000 $157,000
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