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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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CLARKSTON STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CLARKSTON STATE BANK |
| Address | 6600 HIGHLAND RD SUITE 14
WATERFORD, MI 48327 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 42 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,710,000 |
| Average Mortgage Loan Amount Applied For | $216,666 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $208,888 |
| Highest Applicant Income | $1,118,000 |
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| Home Improvement |
2 | $30,000 |
$15,000 | $26,000 |
$160,000 | $274,000 |
| Home Purchase |
3 | $589,000 |
$196,000 | $468,000 |
$31,000 | $66,000 |
| Refinancing |
39 | $8,121,000 |
$208,000 | $1,000,000 |
$146,000 | $1,118,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $106,000 |
$106,000 | $106,000 |
$130,000 | $130,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $1,120,000 |
$560,000 | $1,000,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
41 | $7,514,000 |
$183,000 | $812,000 |
$146,000 | $1,118,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
44 | $8,740,000 |
$198,000 | $1,000,000 |
$139,000 | $1,118,000 |
| 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 |
4 | $376,000 |
$94,000 | $205,000 |
$50,000 | $66,000 |
| Application Denied By Financial Institution |
3 | $982,000 |
$327,000 | $812,000 |
$51,000 | $93,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
37 | $7,382,000 |
$199,000 | $1,000,000 |
$156,000 | $1,118,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $50,000 |
$50,000 | $50,000 |
$93,000 | $93,000 |
| Debt-To-Income Ratio |
1 | $120,000 |
$120,000 | $120,000 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $812,000 |
$812,000 | $812,000 |
$62,000 | $62,000 |
| 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 CLARKSTON STATE BANK by:
Metropolitan Area And
County
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