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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 ARKANSAS BANK & TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST ARKANSAS BANK & TRUST |
| Address | 600 WEST MAIN ST
JACKSONVILLE, AR 72076 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 134 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,519,000 |
| Average Mortgage Loan Amount Applied For | $56,375 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $62,875 |
| Highest Applicant Income | $702,000 |
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| Home Improvement |
23 | $792,000 |
$34,000 | $200,000 |
$69,000 | $408,000 |
| Home Purchase |
78 | $6,020,000 |
$77,000 | $500,000 |
$70,000 | $702,000 |
| Refinancing |
33 | $1,707,000 |
$51,000 | $200,000 |
$62,000 | $385,000 |
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| American Indian or Alaskan Native |
1 | $20,000 |
$20,000 | $20,000 |
$15,000 | $15,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
5 | $410,000 |
$82,000 | $178,000 |
$28,000 | $83,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
16 | $1,482,000 |
$92,000 | $500,000 |
$136,000 | $702,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
112 | $6,607,000 |
$58,000 | $271,000 |
$60,000 | $408,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
134 | $8,519,000 |
$63,000 | $500,000 |
$68,000 | $702,000 |
| 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 |
23 | $1,473,000 |
$64,000 | $500,000 |
$29,000 | $84,000 |
| Application Withdrawn By Applicant |
6 | $247,000 |
$41,000 | $109,000 |
$27,000 | $43,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
105 | $6,799,000 |
$64,000 | $271,000 |
$78,000 | $702,000 |
| 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 |
1 | $60,000 |
$60,000 | $60,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $255,000 |
$51,000 | $178,000 |
$17,000 | $42,000 |
| Debt-To-Income Ratio |
3 | $560,000 |
$186,000 | $500,000 |
$9,000 | $15,000 |
| Employment History |
1 | $132,000 |
$132,000 | $132,000 |
$16,000 | $16,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $30,000 |
$30,000 | $30,000 |
$10,000 | $10,000 |
| Unverifiable Information |
1 | $10,000 |
$10,000 | $10,000 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST ARKANSAS BANK & TRUST by:
Metropolitan Area And
County
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