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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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BURKE & HERBERT BANK & TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
BURKE & HERBERT BANK & TRUST |
| Address | 100 S. FAIRFAX ST
ALEXANDRIA, VA 22314 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 382 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $95,328,000 |
| Average Mortgage Loan Amount Applied For | $230,031 |
| Highest Mortgage Loan Amount Applied For | $2,157,000 |
| Average Applicant Income | $188,593 |
| Highest Applicant Income | $1,449,000 |
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| Home Improvement |
104 | $10,307,000 |
$99,000 | $1,000,000 |
$103,000 | $500,000 |
| Home Purchase |
111 | $36,122,000 |
$325,000 | $1,000,000 |
$176,000 | $1,449,000 |
| Refinancing |
167 | $48,899,000 |
$292,000 | $2,157,000 |
$159,000 | $1,300,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
26 | $7,744,000 |
$297,000 | $865,000 |
$178,000 | $645,000 |
| Black or African American |
25 | $2,790,000 |
$111,000 | $565,000 |
$112,000 | $322,000 |
| Hispanic |
30 | $8,534,000 |
$284,000 | $2,157,000 |
$144,000 | $1,300,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $38,000 |
$38,000 | $38,000 |
$0 | $0 |
| Not applicable |
43 | $15,760,000 |
$366,000 | $1,800,000 |
$0 | $0 |
| Not Provided |
31 | $8,476,000 |
$273,000 | $1,400,000 |
$185,000 | $1,258,000 |
| White |
226 | $51,986,000 |
$230,000 | $1,800,000 |
$174,000 | $1,449,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
382 | $95,328,000 |
$249,000 | $2,157,000 |
$149,000 | $1,449,000 |
| 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 |
20 | $6,261,000 |
$313,000 | $780,000 |
$145,000 | $380,000 |
| Application Denied By Financial Institution |
29 | $8,483,000 |
$292,000 | $1,800,000 |
$106,000 | $384,000 |
| Application Withdrawn By Applicant |
5 | $1,845,000 |
$369,000 | $820,000 |
$113,000 | $300,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
325 | $77,887,000 |
$239,000 | $2,157,000 |
$151,000 | $1,449,000 |
| Loan Purchased By The Institution |
3 | $852,000 |
$284,000 | $302,000 |
$419,000 | $419,000 |
| 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 |
2 | $342,000 |
$171,000 | $270,000 |
$83,000 | $100,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $2,683,000 |
$268,000 | $566,000 |
$123,000 | $384,000 |
| Debt-To-Income Ratio |
16 | $5,208,000 |
$325,000 | $1,800,000 |
$98,000 | $192,000 |
| Employment History |
1 | $250,000 |
$250,000 | $250,000 |
$93,000 | $93,000 |
| 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 BURKE & HERBERT BANK & TRUST by:
Metropolitan Area And
County
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