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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 | PO BOX 188
NEW ROSS, IN 47968 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 142 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,831,000 |
| Average Mortgage Loan Amount Applied For | $139,714 |
| Highest Mortgage Loan Amount Applied For | $428,000 |
| Average Applicant Income | $68,571 |
| Highest Applicant Income | $256,000 |
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| Home Improvement |
26 | $497,000 |
$19,000 | $112,000 |
$51,000 | $112,000 |
| Home Purchase |
49 | $4,466,000 |
$91,000 | $428,000 |
$54,000 | $205,000 |
| Refinancing |
67 | $6,868,000 |
$102,000 | $396,000 |
$72,000 | $256,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $382,000 |
$382,000 | $382,000 |
$192,000 | $192,000 |
| Black or African American |
1 | $428,000 |
$428,000 | $428,000 |
$86,000 | $86,000 |
| Hispanic |
3 | $344,000 |
$114,000 | $218,000 |
$53,000 | $86,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
137 | $10,677,000 |
$77,000 | $396,000 |
$61,000 | $256,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
142 | $11,831,000 |
$83,000 | $428,000 |
$62,000 | $256,000 |
| 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 |
46 | $4,055,000 |
$88,000 | $428,000 |
$46,000 | $101,000 |
| Application Withdrawn By Applicant |
19 | $2,323,000 |
$122,000 | $350,000 |
$60,000 | $137,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
77 | $5,453,000 |
$70,000 | $396,000 |
$72,000 | $256,000 |
| 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 | $194,000 |
$64,000 | $70,000 |
$52,000 | $67,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $1,021,000 |
$68,000 | $186,000 |
$49,000 | $101,000 |
| Debt-To-Income Ratio |
18 | $1,790,000 |
$99,000 | $305,000 |
$39,000 | $86,000 |
| Employment History |
5 | $352,000 |
$70,000 | $170,000 |
$50,000 | $96,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $180,000 |
$60,000 | $88,000 |
$36,000 | $50,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $518,000 |
$259,000 | $428,000 |
$83,000 | $86,000 |
| 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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