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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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BANK OF BOTETOURT
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF BOTETOURT |
| Address | P O BOX 339, 19747 MAIN STREET
BUCHANAN, VA 24066 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 130 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,980,000 |
| Average Mortgage Loan Amount Applied For | $289,562 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $74,062 |
| Highest Applicant Income | $350,000 |
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| Home Improvement |
8 | $523,000 |
$65,000 | $200,000 |
$63,000 | $94,000 |
| Home Purchase |
50 | $8,236,000 |
$164,000 | $2,000,000 |
$53,000 | $151,000 |
| Refinancing |
72 | $7,221,000 |
$100,000 | $577,000 |
$64,000 | $350,000 |
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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 | $139,000 |
$139,000 | $139,000 |
$58,000 | $58,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
13 | $2,012,000 |
$154,000 | $475,000 |
$49,000 | $96,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
116 | $13,829,000 |
$119,000 | $2,000,000 |
$61,000 | $350,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
130 | $15,980,000 |
$122,000 | $2,000,000 |
$60,000 | $350,000 |
| 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 |
4 | $310,000 |
$77,000 | $135,000 |
$34,000 | $56,000 |
| Application Withdrawn By Applicant |
14 | $1,746,000 |
$124,000 | $600,000 |
$54,000 | $151,000 |
| File Closed For Incompleteness |
2 | $190,000 |
$95,000 | $100,000 |
$57,000 | $60,000 |
| Loan Originated |
110 | $13,734,000 |
$124,000 | $2,000,000 |
$61,000 | $350,000 |
| 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 BANK OF BOTETOURT by:
Metropolitan Area And
County
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