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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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COASTAL MORTGAGE COMPANY OF SC
Mortgage Loans and Application Details
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| Mortgage Company Name |
COASTAL MORTGAGE COMPANY OF SC |
| Address | 605 W. HIGHWAY 80
POOLER, GA 31322 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 34 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,787,000 |
| Average Mortgage Loan Amount Applied For | $353,166 |
| Highest Mortgage Loan Amount Applied For | $1,841,000 |
| Average Applicant Income | $352,333 |
| Highest Applicant Income | $1,514,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
28 | $12,062,000 |
$430,000 | $1,841,000 |
$189,000 | $1,514,000 |
| Refinancing |
6 | $3,725,000 |
$620,000 | $1,159,000 |
$249,000 | $597,000 |
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| American Indian or Alaskan Native |
1 | $1,841,000 |
$1,841,000 | $1,841,000 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $278,000 |
$278,000 | $278,000 |
$107,000 | $107,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $332,000 |
$332,000 | $332,000 |
$45,000 | $45,000 |
| White |
31 | $13,336,000 |
$430,000 | $1,760,000 |
$214,000 | $1,514,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
33 | $15,713,000 |
$476,000 | $1,841,000 |
$204,000 | $1,514,000 |
| 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) |
1 | $74,000 |
$74,000 | $74,000 |
$54,000 | $54,000 |
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| Application Approved But Not Accepted |
1 | $431,000 |
$431,000 | $431,000 |
$182,000 | $182,000 |
| Application Denied By Financial Institution |
13 | $3,896,000 |
$299,000 | $1,841,000 |
$62,000 | $168,000 |
| Application Withdrawn By Applicant |
11 | $5,795,000 |
$526,000 | $1,760,000 |
$256,000 | $615,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
9 | $5,665,000 |
$629,000 | $1,300,000 |
$329,000 | $1,514,000 |
| 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 |
1 | $55,000 |
$55,000 | $55,000 |
$37,000 | $37,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $740,000 |
$246,000 | $278,000 |
$63,000 | $107,000 |
| Debt-To-Income Ratio |
3 | $1,958,000 |
$652,000 | $1,841,000 |
$36,000 | $54,000 |
| Employment History |
1 | $39,000 |
$39,000 | $39,000 |
$107,000 | $107,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $84,000 |
$84,000 | $84,000 |
$54,000 | $54,000 |
| Unverifiable Information |
3 | $688,000 |
$229,000 | $357,000 |
$91,000 | $168,000 |
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Mortgage Loan App Totals for COASTAL MORTGAGE COMPANY OF SC by:
Metropolitan Area And
County
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