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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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AMERICAN BANK & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN BANK & TRUST COMPANY |
| Address | 1819 NORTH COLUMBIA STREET
COVINGTON, LA 70433 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 86 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,794,000 |
| Average Mortgage Loan Amount Applied For | $87,470 |
| Highest Mortgage Loan Amount Applied For | $1,215,000 |
| Average Applicant Income | $53,470 |
| Highest Applicant Income | $222,000 |
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| Home Improvement |
12 | $885,000 |
$73,000 | $280,000 |
$61,000 | $161,000 |
| Home Purchase |
24 | $4,063,000 |
$169,000 | $1,215,000 |
$62,000 | $198,000 |
| Refinancing |
50 | $3,846,000 |
$76,000 | $520,000 |
$61,000 | $222,000 |
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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 |
10 | $346,000 |
$34,000 | $67,000 |
$45,000 | $83,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $2,543,000 |
$282,000 | $520,000 |
$0 | $0 |
| Not Provided |
1 | $48,000 |
$48,000 | $48,000 |
$54,000 | $54,000 |
| White |
66 | $5,857,000 |
$88,000 | $1,215,000 |
$72,000 | $222,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
86 | $8,794,000 |
$102,000 | $1,215,000 |
$61,000 | $222,000 |
| 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 |
2 | $225,000 |
$112,000 | $210,000 |
$112,000 | $161,000 |
| Application Withdrawn By Applicant |
1 | $35,000 |
$35,000 | $35,000 |
$68,000 | $68,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
83 | $8,534,000 |
$102,000 | $1,215,000 |
$60,000 | $222,000 |
| 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 |
1 | $15,000 |
$15,000 | $15,000 |
$161,000 | $161,000 |
| Debt-To-Income Ratio |
1 | $210,000 |
$210,000 | $210,000 |
$63,000 | $63,000 |
| 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 AMERICAN BANK & TRUST COMPANY by:
Metropolitan Area And
County
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