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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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ACKLEY STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ACKLEY STATE BANK |
| Address | 650 MAIN STREET
ACKLEY, IA 50601 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 83 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,227,000 |
| Average Mortgage Loan Amount Applied For | $132,363 |
| Highest Mortgage Loan Amount Applied For | $1,587,000 |
| Average Applicant Income | $104,000 |
| Highest Applicant Income | $624,000 |
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| Home Improvement |
14 | $1,099,000 |
$78,000 | $625,000 |
$43,000 | $90,000 |
| Home Purchase |
28 | $2,381,000 |
$85,000 | $256,000 |
$55,000 | $144,000 |
| Refinancing |
41 | $7,747,000 |
$188,000 | $1,587,000 |
$101,000 | $624,000 |
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| 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 |
| Hispanic |
2 | $75,000 |
$37,000 | $68,000 |
$22,000 | $29,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
16 | $4,448,000 |
$278,000 | $1,587,000 |
$8,000 | $76,000 |
| Not Provided |
1 | $30,000 |
$30,000 | $30,000 |
$38,000 | $38,000 |
| White |
64 | $6,674,000 |
$104,000 | $1,000,000 |
$95,000 | $624,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
83 | $11,227,000 |
$135,000 | $1,587,000 |
$76,000 | $624,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $158,000 |
$52,000 | $68,000 |
$32,000 | $42,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
80 | $11,069,000 |
$138,000 | $1,587,000 |
$77,000 | $624,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $90,000 |
$45,000 | $60,000 |
$40,000 | $42,000 |
| Debt-To-Income Ratio |
1 | $68,000 |
$68,000 | $68,000 |
$16,000 | $16,000 |
| 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 ACKLEY STATE BANK by:
Metropolitan Area And
County
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