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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 TENNESSEE
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF TENNESSEE |
| Address | 301 E. CENTER ST.
KINGSPORT, TN 37660 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 694 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $75,814,000 |
| Average Mortgage Loan Amount Applied For | $201,820 |
| Highest Mortgage Loan Amount Applied For | $1,615,000 |
| Average Applicant Income | $97,538 |
| Highest Applicant Income | $1,012,000 |
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| Home Improvement |
100 | $3,297,000 |
$32,000 | $211,000 |
$55,000 | $300,000 |
| Home Purchase |
362 | $44,852,000 |
$123,000 | $1,615,000 |
$72,000 | $1,012,000 |
| Refinancing |
232 | $27,665,000 |
$119,000 | $1,500,000 |
$65,000 | $485,000 |
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| American Indian or Alaskan Native |
2 | $80,000 |
$40,000 | $46,000 |
$12,000 | $15,000 |
| Asian |
3 | $626,000 |
$208,000 | $421,000 |
$86,000 | $137,000 |
| Black or African American |
6 | $472,000 |
$78,000 | $104,000 |
$26,000 | $53,000 |
| Hispanic |
21 | $1,574,000 |
$74,000 | $237,000 |
$33,000 | $107,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $50,000 |
$50,000 | $50,000 |
$33,000 | $33,000 |
| Not applicable |
8 | $1,932,000 |
$241,000 | $700,000 |
$210,000 | $485,000 |
| Not Provided |
19 | $1,981,000 |
$104,000 | $330,000 |
$53,000 | $161,000 |
| White |
634 | $69,099,000 |
$108,000 | $1,615,000 |
$68,000 | $1,012,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
685 | $74,945,000 |
$109,000 | $1,615,000 |
$68,000 | $1,012,000 |
| FHA-insured (Federal Housing Administration) |
6 | $404,000 |
$67,000 | $121,000 |
$33,000 | $50,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $465,000 |
$155,000 | $191,000 |
$28,000 | $44,000 |
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| Application Approved But Not Accepted |
149 | $18,818,000 |
$126,000 | $1,144,000 |
$71,000 | $429,000 |
| Application Denied By Financial Institution |
224 | $18,937,000 |
$84,000 | $590,000 |
$39,000 | $619,000 |
| Application Withdrawn By Applicant |
5 | $606,000 |
$121,000 | $235,000 |
$84,000 | $175,000 |
| File Closed For Incompleteness |
6 | $458,000 |
$76,000 | $120,000 |
$28,000 | $48,000 |
| Loan Originated |
310 | $36,995,000 |
$119,000 | $1,615,000 |
$86,000 | $1,012,000 |
| 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 TENNESSEE by:
Metropolitan Area And
County
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