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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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CENTURY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CENTURY BANK |
| Address | 1680 FRUITVILLE ROAD
SARASOTA, FL 34236 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,224 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $439,649,000 |
| Average Mortgage Loan Amount Applied For | $452,077 |
| Highest Mortgage Loan Amount Applied For | $12,500,000 |
| Average Applicant Income | $182,168 |
| Highest Applicant Income | $6,348,000 |
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| Home Improvement |
7 | $11,296,000 |
$1,613,000 | $9,000,000 |
$511,000 | $2,700,000 |
| Home Purchase |
740 | $216,529,000 |
$292,000 | $6,265,000 |
$176,000 | $4,120,000 |
| Refinancing |
510 | $218,106,000 |
$427,000 | $12,500,000 |
$199,000 | $6,348,000 |
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| American Indian or Alaskan Native |
5 | $791,000 |
$158,000 | $300,000 |
$98,000 | $172,000 |
| Asian |
25 | $7,193,000 |
$287,000 | $1,986,000 |
$112,000 | $780,000 |
| Black or African American |
119 | $29,757,000 |
$250,000 | $1,610,000 |
$107,000 | $696,000 |
| Hispanic |
195 | $51,941,000 |
$266,000 | $3,200,000 |
$144,000 | $2,407,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $308,000 |
$308,000 | $308,000 |
$740,000 | $740,000 |
| Not applicable |
3 | $457,000 |
$152,000 | $318,000 |
$0 | $0 |
| Not Provided |
81 | $22,072,000 |
$272,000 | $3,900,000 |
$131,000 | $3,324,000 |
| White |
828 | $333,412,000 |
$402,000 | $12,500,000 |
$217,000 | $6,348,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,257 | $445,931,000 |
$354,000 | $12,500,000 |
$187,000 | $6,348,000 |
| 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 |
174 | $67,637,000 |
$388,000 | $2,800,000 |
$232,000 | $5,712,000 |
| Application Denied By Financial Institution |
372 | $118,912,000 |
$319,000 | $10,000,000 |
$165,000 | $2,863,000 |
| Application Withdrawn By Applicant |
48 | $21,933,000 |
$456,000 | $6,265,000 |
$214,000 | $4,120,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
632 | $232,526,000 |
$367,000 | $12,500,000 |
$195,000 | $6,348,000 |
| Loan Purchased By The Institution |
31 | $4,923,000 |
$158,000 | $600,000 |
$2,000 | $81,000 |
| 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 |
48 | $17,866,000 |
$372,000 | $3,900,000 |
$230,000 | $1,680,000 |
| Credit Application Incomplete |
5 | $1,302,000 |
$260,000 | $489,000 |
$152,000 | $250,000 |
| Credit History |
87 | $33,840,000 |
$388,000 | $10,000,000 |
$173,000 | $2,863,000 |
| Debt-To-Income Ratio |
91 | $26,355,000 |
$289,000 | $1,350,000 |
$113,000 | $516,000 |
| Employment History |
26 | $9,568,000 |
$368,000 | $3,200,000 |
$141,000 | $816,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
16 | $7,644,000 |
$477,000 | $1,920,000 |
$391,000 | $2,407,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
87 | $19,929,000 |
$229,000 | $2,925,000 |
$139,000 | $814,000 |
| Unverifiable Information |
12 | $2,408,000 |
$200,000 | $335,000 |
$183,000 | $600,000 |
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Mortgage Loan App Totals for CENTURY BANK by:
Metropolitan Area And
County
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