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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 FARMERS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FARMERS BANK |
| Address | PO BOX 188
OWENTON, KY 40359 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 97 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,212,000 |
| Average Mortgage Loan Amount Applied For | $185,111 |
| Highest Mortgage Loan Amount Applied For | $740,000 |
| Average Applicant Income | $358,333 |
| Highest Applicant Income | $3,966,000 |
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| Home Improvement |
15 | $348,000 |
$23,000 | $60,000 |
$48,000 | $100,000 |
| Home Purchase |
42 | $5,654,000 |
$134,000 | $740,000 |
$216,000 | $3,966,000 |
| Refinancing |
40 | $3,210,000 |
$80,000 | $640,000 |
$55,000 | $369,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $640,000 |
$640,000 | $640,000 |
$0 | $0 |
| Not Provided |
2 | $180,000 |
$90,000 | $140,000 |
$64,000 | $78,000 |
| White |
94 | $8,392,000 |
$89,000 | $740,000 |
$126,000 | $3,966,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
97 | $9,212,000 |
$94,000 | $740,000 |
$124,000 | $3,966,000 |
| 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 |
2 | $140,000 |
$70,000 | $100,000 |
$78,000 | $78,000 |
| Application Denied By Financial Institution |
11 | $1,055,000 |
$95,000 | $167,000 |
$54,000 | $75,000 |
| Application Withdrawn By Applicant |
1 | $24,000 |
$24,000 | $24,000 |
$11,000 | $11,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
83 | $7,993,000 |
$96,000 | $740,000 |
$135,000 | $3,966,000 |
| 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 FARMERS BANK by:
Metropolitan Area And
County
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