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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 MONTGOMERY
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF MONTGOMERY |
| Address | P O BOX 128
MONTGOMERY, LA 71454 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 277 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,447,000 |
| Average Mortgage Loan Amount Applied For | $60,500 |
| Highest Mortgage Loan Amount Applied For | $407,000 |
| Average Applicant Income | $61,300 |
| Highest Applicant Income | $309,000 |
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| Home Improvement |
90 | $1,570,000 |
$17,000 | $288,000 |
$42,000 | $191,000 |
| Home Purchase |
112 | $9,250,000 |
$82,000 | $330,000 |
$58,000 | $209,000 |
| Refinancing |
75 | $6,627,000 |
$88,000 | $407,000 |
$64,000 | $309,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $168,000 |
$84,000 | $164,000 |
$63,000 | $72,000 |
| Black or African American |
69 | $2,702,000 |
$39,000 | $225,000 |
$38,000 | $180,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
14 | $1,758,000 |
$125,000 | $407,000 |
$46,000 | $197,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
192 | $12,819,000 |
$66,000 | $330,000 |
$61,000 | $309,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
261 | $15,932,000 |
$61,000 | $407,000 |
$56,000 | $309,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
16 | $1,515,000 |
$94,000 | $152,000 |
$38,000 | $61,000 |
| 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 |
21 | $850,000 |
$40,000 | $225,000 |
$27,000 | $124,000 |
| Application Withdrawn By Applicant |
7 | $534,000 |
$76,000 | $207,000 |
$60,000 | $130,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
249 | $16,063,000 |
$64,000 | $407,000 |
$57,000 | $309,000 |
| 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 | $22,000 |
$22,000 | $22,000 |
$22,000 | $22,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $652,000 |
$43,000 | $225,000 |
$32,000 | $124,000 |
| Debt-To-Income Ratio |
3 | $80,000 |
$26,000 | $55,000 |
$4,000 | $8,000 |
| 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 |
1 | $78,000 |
$78,000 | $78,000 |
$26,000 | $26,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BANK OF MONTGOMERY by:
Metropolitan Area And
County
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