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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 COUNTY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST COUNTY BANK |
| Address | 117 PROSPECT STREET
STAMFORD, CT 06901 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 574 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $236,047,000 |
| Average Mortgage Loan Amount Applied For | $333,625 |
| Highest Mortgage Loan Amount Applied For | $4,500,000 |
| Average Applicant Income | $191,500 |
| Highest Applicant Income | $4,585,000 |
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| Home Improvement |
95 | $31,634,000 |
$332,000 | $4,500,000 |
$187,000 | $4,585,000 |
| Home Purchase |
208 | $96,338,000 |
$463,000 | $3,796,000 |
$175,000 | $1,071,000 |
| Refinancing |
278 | $110,091,000 |
$396,000 | $4,200,000 |
$164,000 | $1,977,000 |
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| American Indian or Alaskan Native |
2 | $180,000 |
$90,000 | $160,000 |
$85,000 | $85,000 |
| Asian |
15 | $4,846,000 |
$323,000 | $600,000 |
$84,000 | $171,000 |
| Black or African American |
56 | $16,930,000 |
$302,000 | $676,000 |
$76,000 | $250,000 |
| Hispanic |
46 | $18,175,000 |
$395,000 | $1,244,000 |
$231,000 | $1,977,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $119,000 |
$119,000 | $119,000 |
$56,000 | $56,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
21 | $6,756,000 |
$321,000 | $1,600,000 |
$112,000 | $270,000 |
| White |
440 | $191,057,000 |
$434,000 | $4,500,000 |
$184,000 | $4,585,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
581 | $238,063,000 |
$409,000 | $4,500,000 |
$172,000 | $4,585,000 |
| 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 |
27 | $16,648,000 |
$616,000 | $4,500,000 |
$322,000 | $4,585,000 |
| Application Denied By Financial Institution |
64 | $25,686,000 |
$401,000 | $1,350,000 |
$99,000 | $599,000 |
| Application Withdrawn By Applicant |
45 | $13,740,000 |
$305,000 | $1,400,000 |
$108,000 | $364,000 |
| File Closed For Incompleteness |
9 | $3,552,000 |
$394,000 | $960,000 |
$135,000 | $300,000 |
| Loan Originated |
388 | $131,543,000 |
$339,000 | $3,796,000 |
$163,000 | $1,977,000 |
| Loan Purchased By The Institution |
48 | $46,894,000 |
$976,000 | $3,500,000 |
$326,000 | $955,000 |
| 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 |
4 | $1,034,000 |
$258,000 | $575,000 |
$254,000 | $599,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $2,669,000 |
$381,000 | $840,000 |
$108,000 | $218,000 |
| Debt-To-Income Ratio |
51 | $21,101,000 |
$413,000 | $1,350,000 |
$85,000 | $495,000 |
| 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 |
1 | $675,000 |
$675,000 | $675,000 |
$169,000 | $169,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST COUNTY BANK by:
Metropolitan Area And
County
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