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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 LINCOLN COUNTY
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF LINCOLN COUNTY |
| Address | 301 BROADWAY
ELSBERRY, MO 63343 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 68 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,337,000 |
| Average Mortgage Loan Amount Applied For | $59,166 |
| Highest Mortgage Loan Amount Applied For | $550,000 |
| Average Applicant Income | $77,166 |
| Highest Applicant Income | $847,000 |
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| Home Improvement |
17 | $693,000 |
$40,000 | $185,000 |
$43,000 | $99,000 |
| Home Purchase |
31 | $2,784,000 |
$89,000 | $550,000 |
$75,000 | $847,000 |
| Refinancing |
22 | $1,959,000 |
$89,000 | $197,000 |
$61,000 | $161,000 |
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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 | $13,000 |
$13,000 | $13,000 |
$20,000 | $20,000 |
| Hispanic |
3 | $214,000 |
$71,000 | $93,000 |
$116,000 | $161,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $781,000 |
$130,000 | $550,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
60 | $4,428,000 |
$73,000 | $300,000 |
$67,000 | $847,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
70 | $5,436,000 |
$77,000 | $550,000 |
$63,000 | $847,000 |
| 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 |
16 | $958,000 |
$59,000 | $139,000 |
$42,000 | $70,000 |
| Application Withdrawn By Applicant |
2 | $109,000 |
$54,000 | $85,000 |
$48,000 | $67,000 |
| File Closed For Incompleteness |
1 | $35,000 |
$35,000 | $35,000 |
$81,000 | $81,000 |
| Loan Originated |
51 | $4,334,000 |
$84,000 | $550,000 |
$70,000 | $847,000 |
| 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 |
1 | $33,000 |
$33,000 | $33,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $479,000 |
$53,000 | $139,000 |
$44,000 | $70,000 |
| Debt-To-Income Ratio |
4 | $320,000 |
$80,000 | $125,000 |
$47,000 | $66,000 |
| 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 |
2 | $126,000 |
$63,000 | $95,000 |
$45,000 | $59,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BANK OF LINCOLN COUNTY by:
Metropolitan Area And
County
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