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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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FIDELITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIDELITY BANK |
| Address | 3 CORPORATE SQUARE SUITE 110
ATLANTA, GA 30329 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 252 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $54,088,000 |
| Average Mortgage Loan Amount Applied For | $335,615 |
| Highest Mortgage Loan Amount Applied For | $4,680,000 |
| Average Applicant Income | $104,435 |
| Highest Applicant Income | $1,701,000 |
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| Home Improvement |
13 | $415,000 |
$31,000 | $82,000 |
$232,000 | $1,224,000 |
| Home Purchase |
146 | $35,954,000 |
$246,000 | $4,680,000 |
$103,000 | $1,701,000 |
| Refinancing |
93 | $17,719,000 |
$190,000 | $1,841,000 |
$87,000 | $804,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
6 | $1,009,000 |
$168,000 | $375,000 |
$68,000 | $108,000 |
| Black or African American |
35 | $5,115,000 |
$146,000 | $316,000 |
$57,000 | $354,000 |
| Hispanic |
11 | $1,214,000 |
$110,000 | $191,000 |
$68,000 | $210,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $3,851,000 |
$641,000 | $3,025,000 |
$221,000 | $999,000 |
| Not Provided |
17 | $2,666,000 |
$156,000 | $332,000 |
$132,000 | $1,224,000 |
| White |
177 | $40,233,000 |
$227,000 | $4,680,000 |
$110,000 | $1,701,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
235 | $51,447,000 |
$218,000 | $4,680,000 |
$107,000 | $1,701,000 |
| FHA-insured (Federal Housing Administration) |
13 | $1,771,000 |
$136,000 | $213,000 |
$67,000 | $354,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $870,000 |
$217,000 | $225,000 |
$61,000 | $93,000 |
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| Application Approved But Not Accepted |
17 | $9,406,000 |
$553,000 | $4,680,000 |
$136,000 | $804,000 |
| Application Denied By Financial Institution |
21 | $2,885,000 |
$137,000 | $365,000 |
$43,000 | $120,000 |
| Application Withdrawn By Applicant |
46 | $8,455,000 |
$183,000 | $582,000 |
$96,000 | $1,224,000 |
| File Closed For Incompleteness |
25 | $6,127,000 |
$245,000 | $1,375,000 |
$101,000 | $386,000 |
| Loan Originated |
120 | $23,764,000 |
$198,000 | $3,025,000 |
$118,000 | $1,701,000 |
| Loan Purchased By The Institution |
23 | $3,451,000 |
$150,000 | $364,000 |
$81,000 | $210,000 |
| 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 |
1 | $220,000 |
$220,000 | $220,000 |
$45,000 | $45,000 |
| Credit Application Incomplete |
5 | $1,037,000 |
$207,000 | $365,000 |
$55,000 | $120,000 |
| Credit History |
3 | $621,000 |
$207,000 | $335,000 |
$27,000 | $48,000 |
| Debt-To-Income Ratio |
1 | $234,000 |
$234,000 | $234,000 |
$35,000 | $35,000 |
| Employment History |
1 | $225,000 |
$225,000 | $225,000 |
$66,000 | $66,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIDELITY BANK by:
Metropolitan Area And
County
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