|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
DACOTAH BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
DACOTAH BANK |
| Address | 308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57102-1210 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,382 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $110,176,000 |
| Average Mortgage Loan Amount Applied For | $90,955 |
| Highest Mortgage Loan Amount Applied For | $1,750,000 |
| Average Applicant Income | $59,882 |
| Highest Applicant Income | $2,395,000 |
|
|
|
| Home Improvement |
167 | $4,570,000 |
$27,000 | $170,000 |
$50,000 | $176,000 |
| Home Purchase |
656 | $60,292,000 |
$91,000 | $1,750,000 |
$57,000 | $610,000 |
| Refinancing |
560 | $45,317,000 |
$80,000 | $1,076,000 |
$81,000 | $2,395,000 |
|
|
| American Indian or Alaskan Native |
61 | $2,582,000 |
$42,000 | $249,000 |
$49,000 | $198,000 |
| Asian |
5 | $407,000 |
$81,000 | $124,000 |
$29,000 | $53,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
10 | $592,000 |
$59,000 | $130,000 |
$39,000 | $75,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $94,000 |
$94,000 | $94,000 |
$37,000 | $37,000 |
| Not applicable |
40 | $7,512,000 |
$187,000 | $1,750,000 |
$5,000 | $99,000 |
| Not Provided |
3 | $263,000 |
$87,000 | $95,000 |
$47,000 | $77,000 |
| White |
1,263 | $98,729,000 |
$78,000 | $936,000 |
$69,000 | $2,395,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,240 | $96,124,000 |
$77,000 | $1,750,000 |
$68,000 | $2,395,000 |
| FHA-insured (Federal Housing Administration) |
50 | $5,495,000 |
$109,000 | $193,000 |
$48,000 | $168,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
74 | $6,257,000 |
$84,000 | $234,000 |
$40,000 | $218,000 |
| VA-guaranteed (Veterans Administration) |
19 | $2,303,000 |
$121,000 | $222,000 |
$51,000 | $90,000 |
|
|
| Application Approved But Not Accepted |
41 | $4,663,000 |
$113,000 | $623,000 |
$57,000 | $254,000 |
| Application Denied By Financial Institution |
91 | $4,604,000 |
$50,000 | $305,000 |
$38,000 | $141,000 |
| Application Withdrawn By Applicant |
24 | $2,281,000 |
$95,000 | $300,000 |
$50,000 | $288,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,227 | $98,631,000 |
$80,000 | $1,750,000 |
$69,000 | $2,395,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
|
Mortgage Loan App Totals for DACOTAH BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
