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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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DESTIN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
DESTIN BANK |
| Address | P.O. BOX 248
DESTIN, FL 32540 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| Data Years (click a year for detail) | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 1,049 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $312,029,000 |
| Average Mortgage Loan Amount Applied For | $271,625 |
| Highest Mortgage Loan Amount Applied For | $2,240,000 |
| Average Applicant Income | $221,000 |
| Highest Applicant Income | $4,200,000 |
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| Home Improvement |
11 | $2,165,000 |
$196,000 | $650,000 |
$109,000 | $501,000 |
| Home Purchase |
787 | $246,225,000 |
$312,000 | $2,240,000 |
$231,000 | $4,200,000 |
| Refinancing |
251 | $63,639,000 |
$253,000 | $1,600,000 |
$143,000 | $3,300,000 |
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| American Indian or Alaskan Native |
6 | $765,000 |
$127,000 | $269,000 |
$89,000 | $220,000 |
| Asian |
17 | $3,628,000 |
$213,000 | $540,000 |
$267,000 | $1,200,000 |
| Black or African American |
4 | $660,000 |
$165,000 | $367,000 |
$125,000 | $239,000 |
| Hispanic |
18 | $2,405,000 |
$133,000 | $255,000 |
$55,000 | $210,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $184,000 |
$184,000 | $184,000 |
$53,000 | $53,000 |
| Not applicable |
38 | $11,767,000 |
$309,000 | $1,450,000 |
$379,000 | $1,192,000 |
| Not Provided |
370 | $115,698,000 |
$312,000 | $2,240,000 |
$235,000 | $4,200,000 |
| White |
595 | $176,922,000 |
$297,000 | $2,240,000 |
$148,000 | $2,900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,045 | $311,401,000 |
$297,000 | $2,240,000 |
$197,000 | $4,200,000 |
| 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) |
4 | $628,000 |
$157,000 | $190,000 |
$21,000 | $46,000 |
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| Application Approved But Not Accepted |
29 | $6,439,000 |
$222,000 | $650,000 |
$124,000 | $600,000 |
| Application Denied By Financial Institution |
72 | $23,769,000 |
$330,000 | $2,240,000 |
$166,000 | $3,420,000 |
| Application Withdrawn By Applicant |
133 | $39,301,000 |
$295,000 | $1,396,000 |
$225,000 | $4,200,000 |
| File Closed For Incompleteness |
11 | $2,786,000 |
$253,000 | $735,000 |
$137,000 | $562,000 |
| Loan Originated |
804 | $239,734,000 |
$298,000 | $2,170,000 |
$212,000 | $3,300,000 |
| 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 |
3 | $624,000 |
$208,000 | $334,000 |
$48,000 | $80,000 |
| Credit Application Incomplete |
4 | $790,000 |
$197,000 | $500,000 |
$174,000 | $274,000 |
| Credit History |
15 | $3,696,000 |
$246,000 | $786,000 |
$90,000 | $258,000 |
| Debt-To-Income Ratio |
9 | $2,246,000 |
$249,000 | $725,000 |
$74,000 | $132,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $2,523,000 |
$841,000 | $2,240,000 |
$426,000 | $800,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
37 | $13,556,000 |
$366,000 | $2,240,000 |
$228,000 | $3,420,000 |
| Unverifiable Information |
1 | $334,000 |
$334,000 | $334,000 |
$98,000 | $98,000 |
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Mortgage Loan App Totals for DESTIN BANK by:
Metropolitan Area And
County
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