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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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ENTERPRISE BANK OF SC
Mortgage Loans and Application Details
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| Mortgage Company Name |
ENTERPRISE BANK OF SC |
| Address | PO BOX 389
BARNWELL, SC 29812 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 232 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,784,000 |
| Average Mortgage Loan Amount Applied For | $92,294 |
| Highest Mortgage Loan Amount Applied For | $859,000 |
| Average Applicant Income | $79,294 |
| Highest Applicant Income | $665,000 |
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| Home Improvement |
31 | $871,000 |
$28,000 | $145,000 |
$48,000 | $198,000 |
| Home Purchase |
122 | $11,301,000 |
$92,000 | $859,000 |
$84,000 | $665,000 |
| Refinancing |
79 | $4,612,000 |
$58,000 | $641,000 |
$58,000 | $324,000 |
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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 |
38 | $2,387,000 |
$62,000 | $641,000 |
$52,000 | $300,000 |
| Hispanic |
2 | $153,000 |
$76,000 | $80,000 |
$9,000 | $19,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $143,000 |
$35,000 | $84,000 |
$42,000 | $100,000 |
| Not Provided |
1 | $30,000 |
$30,000 | $30,000 |
$85,000 | $85,000 |
| White |
187 | $14,071,000 |
$75,000 | $859,000 |
$75,000 | $665,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
232 | $16,784,000 |
$72,000 | $859,000 |
$70,000 | $665,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
71 | $5,663,000 |
$79,000 | $641,000 |
$45,000 | $258,000 |
| Application Withdrawn By Applicant |
20 | $2,499,000 |
$124,000 | $400,000 |
$98,000 | $665,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
141 | $8,622,000 |
$61,000 | $859,000 |
$79,000 | $660,000 |
| 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 | $267,000 |
$89,000 | $175,000 |
$96,000 | $168,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
48 | $3,733,000 |
$77,000 | $641,000 |
$45,000 | $258,000 |
| Debt-To-Income Ratio |
9 | $613,000 |
$68,000 | $113,000 |
$19,000 | $31,000 |
| Employment History |
2 | $147,000 |
$73,000 | $74,000 |
$28,000 | $57,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $50,000 |
$50,000 | $50,000 |
$25,000 | $25,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $379,000 |
$75,000 | $150,000 |
$47,000 | $104,000 |
| Unverifiable Information |
3 | $474,000 |
$158,000 | $225,000 |
$87,000 | $144,000 |
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Mortgage Loan App Totals for ENTERPRISE BANK OF SC by:
Metropolitan Area And
County
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