|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CRESCENT BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CRESCENT BANK |
| Address | 991 38TH AVENUE NORTH
MYRTLE BEACH, SC 29577 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 614 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $132,544,000 |
| Average Mortgage Loan Amount Applied For | $250,588 |
| Highest Mortgage Loan Amount Applied For | $10,800,000 |
| Average Applicant Income | $196,588 |
| Highest Applicant Income | $1,536,000 |
|
|
|
| Home Improvement |
1 | $76,000 |
$76,000 | $76,000 |
$71,000 | $71,000 |
| Home Purchase |
507 | $96,962,000 |
$191,000 | $2,550,000 |
$118,000 | $1,536,000 |
| Refinancing |
120 | $37,768,000 |
$314,000 | $10,800,000 |
$101,000 | $670,000 |
|
|
| American Indian or Alaskan Native |
1 | $125,000 |
$125,000 | $125,000 |
$133,000 | $133,000 |
| Asian |
7 | $1,218,000 |
$174,000 | $300,000 |
$139,000 | $252,000 |
| Black or African American |
17 | $2,252,000 |
$132,000 | $206,000 |
$73,000 | $289,000 |
| Hispanic |
7 | $1,117,000 |
$159,000 | $245,000 |
$76,000 | $160,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
52 | $23,989,000 |
$461,000 | $10,800,000 |
$0 | $0 |
| Not Provided |
39 | $7,891,000 |
$202,000 | $800,000 |
$175,000 | $1,000,000 |
| White |
505 | $98,214,000 |
$194,000 | $1,870,000 |
$123,000 | $1,536,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
628 | $134,806,000 |
$214,000 | $10,800,000 |
$114,000 | $1,536,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
23 | $4,846,000 |
$210,000 | $1,500,000 |
$71,000 | $557,000 |
| Application Withdrawn By Applicant |
108 | $22,330,000 |
$206,000 | $702,000 |
$137,000 | $1,000,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
483 | $105,368,000 |
$218,000 | $10,800,000 |
$114,000 | $1,536,000 |
| 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 |
14 | $2,262,000 |
$161,000 | $428,000 |
$21,000 | $72,000 |
|
|
| Collateral |
2 | $311,000 |
$155,000 | $240,000 |
$14,000 | $29,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
20 | $3,136,000 |
$156,000 | $428,000 |
$39,000 | $154,000 |
| Debt-To-Income Ratio |
6 | $2,313,000 |
$385,000 | $1,500,000 |
$125,000 | $557,000 |
| Employment History |
3 | $497,000 |
$165,000 | $215,000 |
$78,000 | $123,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $671,000 |
$134,000 | $245,000 |
$17,000 | $40,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $180,000 |
$180,000 | $180,000 |
$55,000 | $55,000 |
|
Mortgage Loan App Totals for CRESCENT BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
