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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 STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN STATE BANK |
| Address | 131 WALNUT ST
LAWRENCEBURG, IN 47025 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 50 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,633,000 |
| Average Mortgage Loan Amount Applied For | $113,888 |
| Highest Mortgage Loan Amount Applied For | $308,000 |
| Average Applicant Income | $63,888 |
| Highest Applicant Income | $544,000 |
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| Home Improvement |
7 | $263,000 |
$37,000 | $139,000 |
$49,000 | $144,000 |
| Home Purchase |
26 | $2,730,000 |
$174,666 | $308,000 |
$87,333 | $544,000 |
| Refinancing |
17 | $1,640,000 |
$96,000 | $240,000 |
$118,000 | $544,000 |
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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 |
2 | $213,000 |
$106,500 | $139,000 |
$76,500 | $79,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $906,000 |
$210,500 | $260,000 |
$272,000 | $544,000 |
| Not Provided |
2 | $187,000 |
$93,500 | $144,000 |
$152,500 | $260,000 |
| White |
41 | $3,327,000 |
$154,333 | $308,000 |
$50,666 | $216,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
50 | $4,633,000 |
$172,666 | $308,000 |
$73,333 | $544,000 |
| 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 |
1 | $100,000 |
$100,000 | $100,000 |
$34,000 | $34,000 |
| Application Denied By Financial Institution |
4 | $509,000 |
$132,500 | $165,000 |
$55,000 | $95,000 |
| Application Withdrawn By Applicant |
2 | $35,000 |
$17,000 | $20,000 |
$43,000 | $67,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
43 | $3,989,000 |
$171,333 | $308,000 |
$82,000 | $544,000 |
| 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 | $144,000 |
$144,000 | $144,000 |
$45,000 | $45,000 |
| Debt-To-Income Ratio |
1 | $130,000 |
$130,000 | $130,000 |
$31,000 | $31,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $70,000 |
$70,000 | $70,000 |
$71,000 | $71,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $165,000 |
$165,000 | $165,000 |
$95,000 | $95,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICAN STATE BANK by:
Metropolitan Area And
County
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