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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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FIRST ALLIANCE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST ALLIANCE BANK |
| Address | 51 GERMANTOWN PARKWAY, STE 100
CORDOVA, TN 38018 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 81 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,278,000 |
| Average Mortgage Loan Amount Applied For | $89,000 |
| Highest Mortgage Loan Amount Applied For | $560,000 |
| Average Applicant Income | $91,000 |
| Highest Applicant Income | $665,000 |
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| Home Improvement |
5 | $1,000,000 |
$200,000 | $560,000 |
$16,000 | $68,000 |
| Home Purchase |
63 | $5,123,000 |
$81,000 | $450,000 |
$102,000 | $277,000 |
| Refinancing |
13 | $1,155,000 |
$88,000 | $370,000 |
$68,000 | $665,000 |
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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 |
17 | $823,000 |
$48,000 | $116,000 |
$110,000 | $277,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
16 | $1,941,000 |
$121,000 | $560,000 |
$0 | $0 |
| Not Provided |
1 | $60,000 |
$60,000 | $60,000 |
$12,000 | $12,000 |
| White |
47 | $4,454,000 |
$94,000 | $450,000 |
$117,000 | $665,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
81 | $7,278,000 |
$89,000 | $560,000 |
$91,000 | $665,000 |
| 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 |
8 | $637,000 |
$79,000 | $176,000 |
$25,000 | $68,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
73 | $6,641,000 |
$90,000 | $560,000 |
$98,000 | $665,000 |
| 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 FIRST ALLIANCE BANK by:
Metropolitan Area And
County
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