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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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CEDARSTONE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CEDARSTONE BANK |
| Address | 109 SIGNATURE PLACE
LEBANON, TN 37087 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 48 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,633,000 |
| Average Mortgage Loan Amount Applied For | $188,833 |
| Highest Mortgage Loan Amount Applied For | $1,156,000 |
| Average Applicant Income | $92,833 |
| Highest Applicant Income | $1,303,000 |
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| Home Improvement |
4 | $618,000 |
$154,000 | $218,000 |
$96,000 | $200,000 |
| Home Purchase |
37 | $5,381,000 |
$145,000 | $1,156,000 |
$133,000 | $1,303,000 |
| Refinancing |
7 | $634,000 |
$90,000 | $203,000 |
$83,000 | $159,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $262,000 |
$52,000 | $65,000 |
$72,000 | $77,000 |
| Black or African American |
1 | $218,000 |
$218,000 | $218,000 |
$33,000 | $33,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $1,437,000 |
$479,000 | $1,156,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
39 | $4,716,000 |
$120,000 | $467,000 |
$141,000 | $1,303,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
48 | $6,633,000 |
$138,000 | $1,156,000 |
$122,000 | $1,303,000 |
| 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 |
1 | $174,000 |
$174,000 | $174,000 |
$63,000 | $63,000 |
| Application Denied By Financial Institution |
5 | $751,000 |
$150,000 | $380,000 |
$57,000 | $130,000 |
| Application Withdrawn By Applicant |
1 | $45,000 |
$45,000 | $45,000 |
$87,000 | $87,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
41 | $5,663,000 |
$138,000 | $1,156,000 |
$133,000 | $1,303,000 |
| 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 |
2 | $115,000 |
$57,000 | $63,000 |
$36,000 | $36,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $380,000 |
$380,000 | $380,000 |
$130,000 | $130,000 |
| Debt-To-Income Ratio |
2 | $256,000 |
$128,000 | $218,000 |
$42,000 | $52,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CEDARSTONE BANK by:
Metropolitan Area And
County
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