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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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AMERICANA COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICANA COMMUNITY BANK |
| Address | 300 MAIN STREET WEST
SLEEPY EYE, MN 56085 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 132 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,490,000 |
| Average Mortgage Loan Amount Applied For | $74,666 |
| Highest Mortgage Loan Amount Applied For | $913,000 |
| Average Applicant Income | $46,875 |
| Highest Applicant Income | $794,000 |
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| Home Improvement |
21 | $970,000 |
$46,000 | $200,000 |
$61,000 | $200,000 |
| Home Purchase |
71 | $4,929,000 |
$69,000 | $575,000 |
$46,000 | $300,000 |
| Refinancing |
40 | $2,591,000 |
$64,000 | $913,000 |
$69,000 | $794,000 |
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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 |
1 | $37,000 |
$37,000 | $37,000 |
$22,000 | $22,000 |
| Hispanic |
19 | $705,000 |
$37,000 | $140,000 |
$36,000 | $69,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $602,000 |
$150,000 | $202,000 |
$0 | $0 |
| Not Provided |
2 | $140,000 |
$70,000 | $115,000 |
$25,000 | $31,000 |
| White |
106 | $7,006,000 |
$66,000 | $913,000 |
$62,000 | $794,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
132 | $8,490,000 |
$64,000 | $913,000 |
$56,000 | $794,000 |
| 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 | $23,000 |
$23,000 | $23,000 |
$36,000 | $36,000 |
| Application Denied By Financial Institution |
37 | $1,586,000 |
$42,000 | $140,000 |
$38,000 | $156,000 |
| Application Withdrawn By Applicant |
9 | $428,000 |
$47,000 | $75,000 |
$54,000 | $137,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
85 | $6,453,000 |
$75,000 | $913,000 |
$64,000 | $794,000 |
| 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 |
24 | $904,000 |
$37,000 | $110,000 |
$44,000 | $156,000 |
| Debt-To-Income Ratio |
10 | $467,000 |
$46,000 | $100,000 |
$29,000 | $77,000 |
| Employment History |
1 | $38,000 |
$38,000 | $38,000 |
$24,000 | $24,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $37,000 |
$37,000 | $37,000 |
$17,000 | $17,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $140,000 |
$140,000 | $140,000 |
$18,000 | $18,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICANA COMMUNITY BANK by:
Metropolitan Area And
County
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