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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 & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK & TRUST COMPANY |
| Address | 401 N. MADISON
LITCHFIELD, IL 62056 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 280 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,979,000 |
| Average Mortgage Loan Amount Applied For | $138,000 |
| Highest Mortgage Loan Amount Applied For | $1,124,000 |
| Average Applicant Income | $117,055 |
| Highest Applicant Income | $1,195,000 |
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| Home Improvement |
35 | $813,000 |
$23,000 | $65,000 |
$72,000 | $188,000 |
| Home Purchase |
158 | $15,564,000 |
$98,000 | $576,000 |
$80,000 | $1,195,000 |
| Refinancing |
93 | $8,013,000 |
$86,000 | $1,124,000 |
$61,000 | $173,000 |
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| American Indian or Alaskan Native |
1 | $15,000 |
$15,000 | $15,000 |
$25,000 | $25,000 |
| Asian |
3 | $240,000 |
$80,000 | $140,000 |
$46,000 | $65,000 |
| Black or African American |
2 | $224,000 |
$112,000 | $154,000 |
$93,000 | $145,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $238,000 |
$79,000 | $150,000 |
$0 | $0 |
| Not Provided |
3 | $423,000 |
$141,000 | $400,000 |
$12,000 | $26,000 |
| White |
274 | $23,250,000 |
$84,000 | $1,124,000 |
$75,000 | $1,195,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
259 | $22,581,000 |
$87,000 | $1,124,000 |
$77,000 | $1,195,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
27 | $1,809,000 |
$67,000 | $142,000 |
$35,000 | $54,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
3 | $185,000 |
$61,000 | $90,000 |
$52,000 | $70,000 |
| Application Denied By Financial Institution |
39 | $2,813,000 |
$72,000 | $353,000 |
$44,000 | $185,000 |
| Application Withdrawn By Applicant |
5 | $212,000 |
$42,000 | $67,000 |
$28,000 | $41,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
235 | $20,828,000 |
$88,000 | $1,124,000 |
$80,000 | $1,195,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $128,000 |
$128,000 | $128,000 |
$50,000 | $50,000 |
| Preapproval Denied by Financial Institution |
3 | $224,000 |
$74,000 | $80,000 |
$37,000 | $41,000 |
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| Collateral |
3 | $55,000 |
$18,000 | $32,000 |
$40,000 | $83,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
21 | $1,295,000 |
$61,000 | $131,000 |
$39,000 | $78,000 |
| Debt-To-Income Ratio |
17 | $1,625,000 |
$95,000 | $353,000 |
$48,000 | $185,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $62,000 |
$62,000 | $62,000 |
$54,000 | $54,000 |
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Mortgage Loan App Totals for BANK & TRUST COMPANY by:
Metropolitan Area And
County
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