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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 STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARMERS STATE BANK |
| Address | 1240 8TH AVENUE
MARION, IA 52302 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 439 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $29,603,000 |
| Average Mortgage Loan Amount Applied For | $76,588 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $78,411 |
| Highest Applicant Income | $509,000 |
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| Home Improvement |
127 | $2,739,000 |
$21,000 | $150,000 |
$62,000 | $190,000 |
| Home Purchase |
151 | $13,213,000 |
$87,000 | $237,000 |
$64,000 | $341,000 |
| Refinancing |
161 | $13,651,000 |
$84,000 | $600,000 |
$62,000 | $509,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $12,000 |
$12,000 | $12,000 |
$55,000 | $55,000 |
| Black or African American |
3 | $449,000 |
$149,000 | $243,000 |
$56,000 | $92,000 |
| Hispanic |
3 | $189,000 |
$63,000 | $91,000 |
$31,000 | $34,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
13 | $1,603,000 |
$123,000 | $223,000 |
$0 | $0 |
| Not Provided |
15 | $1,048,000 |
$69,000 | $215,000 |
$57,000 | $165,000 |
| White |
404 | $26,302,000 |
$65,000 | $600,000 |
$65,000 | $509,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
439 | $29,603,000 |
$67,000 | $600,000 |
$63,000 | $509,000 |
| 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 |
3 | $243,000 |
$81,000 | $127,000 |
$48,000 | $63,000 |
| Application Denied By Financial Institution |
29 | $1,942,000 |
$66,000 | $237,000 |
$37,000 | $84,000 |
| Application Withdrawn By Applicant |
32 | $2,979,000 |
$93,000 | $307,000 |
$57,000 | $194,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
375 | $24,439,000 |
$65,000 | $600,000 |
$65,000 | $509,000 |
| 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 |
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 |
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Mortgage Loan App Totals for FARMERS STATE BANK by:
Metropolitan Area And
County
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