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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 RIPLEY
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF RIPLEY |
| Address | 134 N JEFFERSON ST
RIPLEY, TN 38063 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 363 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,970,000 |
| Average Mortgage Loan Amount Applied For | $100,538 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $198,461 |
| Highest Applicant Income | $2,471,000 |
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| Home Improvement |
57 | $664,000 |
$11,000 | $58,000 |
$39,000 | $169,000 |
| Home Purchase |
79 | $5,121,000 |
$64,000 | $352,000 |
$73,000 | $291,000 |
| Refinancing |
227 | $17,185,000 |
$75,000 | $1,000,000 |
$272,000 | $2,471,000 |
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| American Indian or Alaskan Native |
2 | $15,000 |
$7,000 | $8,000 |
$18,000 | $30,000 |
| Asian |
23 | $1,043,000 |
$45,000 | $64,000 |
$197,000 | $197,000 |
| Black or African American |
30 | $1,253,000 |
$41,000 | $352,000 |
$46,000 | $122,000 |
| Hispanic |
2 | $85,000 |
$42,000 | $75,000 |
$37,000 | $39,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $653,000 |
$326,000 | $500,000 |
$156,000 | $220,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
304 | $19,921,000 |
$65,000 | $1,000,000 |
$209,000 | $2,471,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
363 | $22,970,000 |
$63,000 | $1,000,000 |
$192,000 | $2,471,000 |
| 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 |
20 | $613,000 |
$30,000 | $110,000 |
$32,000 | $91,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
343 | $22,357,000 |
$65,000 | $1,000,000 |
$202,000 | $2,471,000 |
| 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 |
3 | $47,000 |
$15,000 | $29,000 |
$26,000 | $32,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
13 | $469,000 |
$36,000 | $110,000 |
$37,000 | $91,000 |
| Debt-To-Income Ratio |
2 | $57,000 |
$28,000 | $55,000 |
$18,000 | $22,000 |
| Employment History |
1 | $23,000 |
$23,000 | $23,000 |
$27,000 | $27,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $17,000 |
$17,000 | $17,000 |
$13,000 | $13,000 |
| 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 RIPLEY by:
Metropolitan Area And
County
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