|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
EVABANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
EVABANK |
| Address | 1710 CHEROKEE AVE SW
CULLMAN, AL 35055 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 916 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $64,763,000 |
| Average Mortgage Loan Amount Applied For | $89,325 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $88,348 |
| Highest Applicant Income | $2,000,000 |
|
|
|
| Home Improvement |
116 | $4,269,000 |
$36,000 | $200,000 |
$54,000 | $377,000 |
| Home Purchase |
1,599 | $79,245,000 |
$49,000 | $2,000,000 |
$45,000 | $2,000,000 |
| Refinancing |
541 | $34,258,000 |
$63,000 | $932,000 |
$53,000 | $668,000 |
|
|
| American Indian or Alaskan Native |
3 | $62,000 |
$20,000 | $27,000 |
$32,000 | $38,000 |
| Asian |
2 | $164,000 |
$82,000 | $85,000 |
$324,000 | $600,000 |
| Black or African American |
59 | $2,192,000 |
$37,000 | $284,000 |
$28,000 | $85,000 |
| Hispanic |
99 | $4,964,000 |
$50,000 | $366,000 |
$48,000 | $300,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $38,000 |
$38,000 | $38,000 |
$38,000 | $38,000 |
| Not applicable |
20 | $4,390,000 |
$219,000 | $929,000 |
$252,000 | $2,000,000 |
| Not Provided |
28 | $3,503,000 |
$125,000 | $2,000,000 |
$65,000 | $450,000 |
| White |
2,044 | $102,459,000 |
$50,000 | $932,000 |
$46,000 | $2,000,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,254 | $117,464,000 |
$52,000 | $2,000,000 |
$48,000 | $2,000,000 |
| FHA-insured (Federal Housing Administration) |
1 | $68,000 |
$68,000 | $68,000 |
$63,000 | $63,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $240,000 |
$240,000 | $240,000 |
$109,000 | $109,000 |
|
|
| Application Approved But Not Accepted |
294 | $16,788,000 |
$57,000 | $929,000 |
$50,000 | $2,000,000 |
| Application Denied By Financial Institution |
708 | $29,715,000 |
$41,000 | $480,000 |
$34,000 | $600,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
89 | $3,536,000 |
$39,000 | $146,000 |
$35,000 | $116,000 |
| Loan Originated |
1,163 | $67,426,000 |
$57,000 | $2,000,000 |
$57,000 | $2,000,000 |
| Loan Purchased By The Institution |
1 | $132,000 |
$132,000 | $132,000 |
$55,000 | $55,000 |
| Preapproval Approved but not Accepted |
1 | $175,000 |
$175,000 | $175,000 |
$46,000 | $46,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
54 | $2,045,000 |
$37,000 | $131,000 |
$47,000 | $600,000 |
| Credit Application Incomplete |
1 | $50,000 |
$50,000 | $50,000 |
$31,000 | $31,000 |
| Credit History |
451 | $17,644,000 |
$39,000 | $238,000 |
$34,000 | $240,000 |
| Debt-To-Income Ratio |
149 | $6,955,000 |
$46,000 | $284,000 |
$28,000 | $384,000 |
| Employment History |
17 | $923,000 |
$54,000 | $198,000 |
$30,000 | $74,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
20 | $922,000 |
$46,000 | $119,000 |
$34,000 | $62,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
12 | $585,000 |
$48,000 | $101,000 |
$27,000 | $47,000 |
| Unverifiable Information |
4 | $591,000 |
$147,000 | $480,000 |
$88,000 | $180,000 |
|
Mortgage Loan App Totals for EVABANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
