|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
BEDFORD LOAN & DEPOSIT BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
BEDFORD LOAN & DEPOSIT BANK |
| Address | P.O. BOX 276
BEDFORD, KY 40006 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 216 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,639,000 |
| Average Mortgage Loan Amount Applied For | $66,571 |
| Highest Mortgage Loan Amount Applied For | $560,000 |
| Average Applicant Income | $60,000 |
| Highest Applicant Income | $270,000 |
|
|
|
| Home Improvement |
22 | $406,000 |
$18,000 | $61,000 |
$51,000 | $150,000 |
| Home Purchase |
90 | $8,940,000 |
$99,000 | $415,000 |
$55,000 | $186,000 |
| Refinancing |
108 | $8,750,000 |
$81,000 | $560,000 |
$60,000 | $270,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $458,000 |
$229,000 | $268,000 |
$100,000 | $145,000 |
| Black or African American |
2 | $118,000 |
$59,000 | $110,000 |
$33,000 | $48,000 |
| Hispanic |
6 | $319,000 |
$53,000 | $170,000 |
$51,000 | $99,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5 | $720,000 |
$144,000 | $300,000 |
$53,000 | $113,000 |
| White |
205 | $16,481,000 |
$80,000 | $560,000 |
$57,000 | $270,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
214 | $17,298,000 |
$80,000 | $560,000 |
$58,000 | $270,000 |
| FHA-insured (Federal Housing Administration) |
4 | $533,000 |
$133,000 | $186,000 |
$42,000 | $56,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $265,000 |
$132,000 | $155,000 |
$53,000 | $58,000 |
|
|
| Application Approved But Not Accepted |
1 | $55,000 |
$55,000 | $55,000 |
$69,000 | $69,000 |
| Application Denied By Financial Institution |
27 | $2,234,000 |
$82,000 | $270,000 |
$36,000 | $145,000 |
| Application Withdrawn By Applicant |
25 | $2,917,000 |
$116,000 | $300,000 |
$46,000 | $113,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
167 | $12,890,000 |
$77,000 | $560,000 |
$62,000 | $270,000 |
| 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 |
|
|
| Collateral |
3 | $172,000 |
$57,000 | $110,000 |
$35,000 | $47,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $732,000 |
$73,000 | $166,000 |
$27,000 | $58,000 |
| Debt-To-Income Ratio |
12 | $1,042,000 |
$86,000 | $270,000 |
$37,000 | $81,000 |
| Employment History |
1 | $268,000 |
$268,000 | $268,000 |
$145,000 | $145,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $20,000 |
$20,000 | $20,000 |
$12,000 | $12,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for BEDFORD LOAN & DEPOSIT BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
