|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
ACADEMY BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
ACADEMY BANK |
| Address | 401 CASTLE HEIGHTS AVE N
LEBANON, TN 37087 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 178 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $20,338,000 |
| Average Mortgage Loan Amount Applied For | $109,214 |
| Highest Mortgage Loan Amount Applied For | $435,000 |
| Average Applicant Income | $82,000 |
| Highest Applicant Income | $760,000 |
|
|
|
| Home Improvement |
17 | $475,000 |
$27,000 | $133,000 |
$69,000 | $272,000 |
| Home Purchase |
72 | $9,268,000 |
$128,000 | $435,000 |
$81,000 | $760,000 |
| Refinancing |
89 | $10,595,000 |
$119,000 | $352,000 |
$67,000 | $279,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
9 | $839,000 |
$93,000 | $216,000 |
$45,000 | $72,000 |
| Hispanic |
3 | $289,000 |
$96,000 | $150,000 |
$93,000 | $176,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $403,000 |
$80,000 | $163,000 |
$0 | $0 |
| Not Provided |
1 | $57,000 |
$57,000 | $57,000 |
$69,000 | $69,000 |
| White |
160 | $18,750,000 |
$117,000 | $435,000 |
$86,000 | $760,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
170 | $19,137,000 |
$112,000 | $435,000 |
$78,000 | $760,000 |
| FHA-insured (Federal Housing Administration) |
4 | $589,000 |
$147,000 | $167,000 |
$52,000 | $62,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $133,000 |
$133,000 | $133,000 |
$50,000 | $50,000 |
| VA-guaranteed (Veterans Administration) |
3 | $479,000 |
$159,000 | $221,000 |
$52,000 | $79,000 |
|
|
| Application Approved But Not Accepted |
5 | $660,000 |
$132,000 | $215,000 |
$51,000 | $68,000 |
| Application Denied By Financial Institution |
4 | $317,000 |
$79,000 | $118,000 |
$40,000 | $64,000 |
| Application Withdrawn By Applicant |
1 | $57,000 |
$57,000 | $57,000 |
$69,000 | $69,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
168 | $19,304,000 |
$114,000 | $435,000 |
$78,000 | $760,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $108,000 |
$108,000 | $108,000 |
$36,000 | $36,000 |
| 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 |
|
Mortgage Loan App Totals for ACADEMY BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
