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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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FARMERS SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARMERS SAVINGS BANK |
| Address | PO BOX 1324
MARSHALLTOWN, IA 50158 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 141 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,600,000 |
| Average Mortgage Loan Amount Applied For | $61,900 |
| Highest Mortgage Loan Amount Applied For | $668,000 |
| Average Applicant Income | $58,500 |
| Highest Applicant Income | $278,000 |
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| Home Improvement |
28 | $1,236,000 |
$44,000 | $250,000 |
$55,000 | $180,000 |
| Home Purchase |
44 | $3,973,000 |
$90,000 | $668,000 |
$35,000 | $240,000 |
| Refinancing |
69 | $6,391,000 |
$92,000 | $623,000 |
$48,000 | $278,000 |
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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 |
1 | $41,000 |
$41,000 | $41,000 |
$42,000 | $42,000 |
| Hispanic |
4 | $194,000 |
$48,000 | $76,000 |
$52,000 | $93,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
17 | $1,515,000 |
$89,000 | $362,000 |
$11,000 | $112,000 |
| Not Provided |
1 | $72,000 |
$72,000 | $72,000 |
$80,000 | $80,000 |
| White |
118 | $9,778,000 |
$82,000 | $668,000 |
$50,000 | $278,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
141 | $11,600,000 |
$82,000 | $668,000 |
$45,000 | $278,000 |
| 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 |
12 | $899,000 |
$74,000 | $160,000 |
$62,000 | $120,000 |
| Application Denied By Financial Institution |
13 | $877,000 |
$67,000 | $177,000 |
$33,000 | $59,000 |
| Application Withdrawn By Applicant |
1 | $90,000 |
$90,000 | $90,000 |
$47,000 | $47,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
115 | $9,734,000 |
$84,000 | $668,000 |
$45,000 | $278,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $321,000 |
$53,000 | $103,000 |
$42,000 | $54,000 |
| Debt-To-Income Ratio |
5 | $439,000 |
$87,000 | $177,000 |
$31,000 | $59,000 |
| Employment History |
1 | $102,000 |
$102,000 | $102,000 |
$29,000 | $29,000 |
| 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 |
1 | $15,000 |
$15,000 | $15,000 |
$0 | $0 |
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Mortgage Loan App Totals for FARMERS SAVINGS BANK by:
Metropolitan Area And
County
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