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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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ARMSTRONG BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ARMSTRONG BANK |
| Address | 1111 W BROADWAY
MUSKOGEE, OK 74401 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 794 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,091,000 |
| Average Mortgage Loan Amount Applied For | $85,000 |
| Highest Mortgage Loan Amount Applied For | $809,000 |
| Average Applicant Income | $58,714 |
| Highest Applicant Income | $391,000 |
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| Home Improvement |
146 | $5,024,000 |
$34,000 | $275,000 |
$42,000 | $138,000 |
| Home Purchase |
477 | $28,372,000 |
$59,000 | $610,000 |
$51,000 | $391,000 |
| Refinancing |
171 | $11,695,000 |
$68,000 | $809,000 |
$48,000 | $240,000 |
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| American Indian or Alaskan Native |
135 | $6,926,000 |
$51,000 | $400,000 |
$42,000 | $180,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
18 | $612,000 |
$34,000 | $115,000 |
$43,000 | $112,000 |
| Hispanic |
19 | $1,422,000 |
$74,000 | $320,000 |
$48,000 | $240,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $161,000 |
$161,000 | $161,000 |
$118,000 | $118,000 |
| Not applicable |
11 | $1,604,000 |
$145,000 | $809,000 |
$0 | $0 |
| Not Provided |
3 | $379,000 |
$126,000 | $350,000 |
$58,000 | $82,000 |
| White |
607 | $33,987,000 |
$55,000 | $610,000 |
$52,000 | $391,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
766 | $43,011,000 |
$56,000 | $809,000 |
$50,000 | $391,000 |
| FHA-insured (Federal Housing Administration) |
19 | $1,442,000 |
$75,000 | $139,000 |
$32,000 | $67,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
6 | $403,000 |
$67,000 | $81,000 |
$35,000 | $65,000 |
| VA-guaranteed (Veterans Administration) |
3 | $235,000 |
$78,000 | $115,000 |
$42,000 | $47,000 |
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| Application Approved But Not Accepted |
79 | $6,997,000 |
$88,000 | $375,000 |
$54,000 | $159,000 |
| Application Denied By Financial Institution |
123 | $5,901,000 |
$47,000 | $400,000 |
$30,000 | $124,000 |
| Application Withdrawn By Applicant |
78 | $6,403,000 |
$82,000 | $350,000 |
$52,000 | $240,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
514 | $25,790,000 |
$50,000 | $809,000 |
$52,000 | $391,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
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Mortgage Loan App Totals for ARMSTRONG BANK by:
Metropolitan Area And
County
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