|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
ASHEVILLE SAVINGS BANK, S.S.B.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
ASHEVILLE SAVINGS BANK, S.S.B. |
| Address | 11 CHURCH ST., P. O. BOX 652
ASHEVILLE, NC 28802 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 561 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $91,866,000 |
| Average Mortgage Loan Amount Applied For | $218,526 |
| Highest Mortgage Loan Amount Applied For | $1,200,000 |
| Average Applicant Income | $282,263 |
| Highest Applicant Income | $4,460,000 |
|
|
|
| Home Improvement |
22 | $282,000 |
$12,000 | $90,000 |
$29,000 | $78,000 |
| Home Purchase |
346 | $60,843,000 |
$175,000 | $650,000 |
$85,000 | $2,034,000 |
| Refinancing |
193 | $30,741,000 |
$159,000 | $1,200,000 |
$101,000 | $4,460,000 |
|
|
| American Indian or Alaskan Native |
2 | $222,000 |
$111,000 | $212,000 |
$88,000 | $89,000 |
| Asian |
2 | $388,000 |
$194,000 | $300,000 |
$134,000 | $227,000 |
| Black or African American |
8 | $927,000 |
$115,000 | $306,000 |
$60,000 | $155,000 |
| Hispanic |
9 | $658,000 |
$73,000 | $175,000 |
$49,000 | $110,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $2,406,000 |
$401,000 | $1,200,000 |
$839,000 | $4,460,000 |
| Not Provided |
7 | $510,000 |
$72,000 | $244,000 |
$29,000 | $68,000 |
| White |
527 | $86,755,000 |
$164,000 | $866,000 |
$81,000 | $2,034,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
528 | $87,178,000 |
$165,000 | $1,200,000 |
$91,000 | $4,460,000 |
| FHA-insured (Federal Housing Administration) |
10 | $1,373,000 |
$137,000 | $185,000 |
$48,000 | $98,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $144,000 |
$144,000 | $144,000 |
$48,000 | $48,000 |
| VA-guaranteed (Veterans Administration) |
22 | $3,171,000 |
$144,000 | $253,000 |
$52,000 | $76,000 |
|
|
| Application Approved But Not Accepted |
7 | $1,802,000 |
$257,000 | $504,000 |
$162,000 | $474,000 |
| Application Denied By Financial Institution |
78 | $9,809,000 |
$125,000 | $563,000 |
$48,000 | $173,000 |
| Application Withdrawn By Applicant |
76 | $12,040,000 |
$158,000 | $630,000 |
$62,000 | $339,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
400 | $68,215,000 |
$170,000 | $1,200,000 |
$100,000 | $4,460,000 |
| 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 |
|
|
| Collateral |
9 | $814,000 |
$90,000 | $150,000 |
$44,000 | $106,000 |
| Credit Application Incomplete |
17 | $2,824,000 |
$166,000 | $312,000 |
$60,000 | $173,000 |
| Credit History |
29 | $2,961,000 |
$102,000 | $459,000 |
$52,000 | $158,000 |
| Debt-To-Income Ratio |
15 | $1,884,000 |
$125,000 | $563,000 |
$35,000 | $93,000 |
| Employment History |
3 | $524,000 |
$174,000 | $244,000 |
$63,000 | $127,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $164,000 |
$82,000 | $108,000 |
$22,000 | $45,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $638,000 |
$212,000 | $368,000 |
$21,000 | $49,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for ASHEVILLE SAVINGS BANK, S.S.B. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
