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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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1ST SERVICE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
1ST SERVICE BANK |
| Address | 6830 OLD DOMINION DRIVE
MCLEAN, VA 22101 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 667 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $173,399,000 |
| Average Mortgage Loan Amount Applied For | $230,729 |
| Highest Mortgage Loan Amount Applied For | $1,190,000 |
| Average Applicant Income | $113,932 |
| Highest Applicant Income | $1,722,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
410 | $100,840,000 |
$248,076 | $780,000 |
$99,230 | $1,722,000 |
| Refinancing |
261 | $73,936,000 |
$202,416 | $1,190,000 |
$108,583 | $1,507,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
42 | $11,906,000 |
$250,666 | $1,190,000 |
$75,333 | $241,000 |
| Black or African American |
95 | $25,907,000 |
$243,571 | $677,000 |
$88,857 | $295,000 |
| Hispanic |
43 | $11,473,000 |
$215,500 | $592,000 |
$126,750 | $378,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $1,131,000 |
$226,000 | $424,000 |
$130,000 | $173,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
25 | $6,588,000 |
$258,200 | $664,000 |
$75,400 | $275,000 |
| White |
461 | $117,771,000 |
$218,000 | $839,000 |
$117,250 | $1,722,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
669 | $174,219,000 |
$214,294 | $1,190,000 |
$107,882 | $1,722,000 |
| 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) |
2 | $557,000 |
$278,000 | $325,000 |
$38,000 | $76,000 |
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| Application Approved But Not Accepted |
17 | $5,393,000 |
$315,000 | $580,000 |
$131,500 | $1,545,000 |
| Application Denied By Financial Institution |
17 | $3,431,000 |
$239,000 | $585,000 |
$94,400 | $168,000 |
| Application Withdrawn By Applicant |
43 | $11,175,000 |
$287,000 | $1,190,000 |
$83,000 | $1,722,000 |
| File Closed For Incompleteness |
7 | $1,059,000 |
$108,000 | $275,000 |
$60,500 | $227,000 |
| Loan Originated |
587 | $153,718,000 |
$223,285 | $839,000 |
$111,571 | $1,545,000 |
| 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 | $141,000 |
$70,000 | $113,000 |
$42,000 | $43,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $1,778,000 |
$190,500 | $560,000 |
$91,250 | $126,000 |
| Debt-To-Income Ratio |
7 | $1,460,000 |
$365,000 | $585,000 |
$105,500 | $168,000 |
| Employment History |
1 | $52,000 |
$52,000 | $52,000 |
$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 1ST SERVICE BANK by:
Metropolitan Area And
County
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