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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 FEDERAL BANK FOR SAVINGS
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL BANK FOR SAVINGS |
| Address | P O BOX 268
COLUMBIA, MS 39429 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 241 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,870,000 |
| Average Mortgage Loan Amount Applied For | $60,052 |
| Highest Mortgage Loan Amount Applied For | $262,000 |
| Average Applicant Income | $46,210 |
| Highest Applicant Income | $185,000 |
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| Home Improvement |
37 | $550,000 |
$14,000 | $67,000 |
$33,000 | $82,000 |
| Home Purchase |
102 | $5,539,000 |
$52,000 | $262,000 |
$38,000 | $130,000 |
| Refinancing |
102 | $6,781,000 |
$66,000 | $211,000 |
$57,000 | $185,000 |
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| American Indian or Alaskan Native |
1 | $30,000 |
$30,000 | $30,000 |
$17,000 | $17,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
24 | $775,000 |
$32,000 | $140,000 |
$41,000 | $185,000 |
| Hispanic |
1 | $26,000 |
$26,000 | $26,000 |
$26,000 | $26,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $114,000 |
$57,000 | $100,000 |
$42,000 | $46,000 |
| White |
213 | $11,925,000 |
$41,000 | $262,000 |
$39,500 | $159,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
239 | $12,719,000 |
$39,500 | $262,000 |
$38,000 | $185,000 |
| FHA-insured (Federal Housing Administration) |
2 | $151,000 |
$75,500 | $100,000 |
$31,000 | $38,000 |
| 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 |
32 | $1,267,000 |
$68,500 | $143,000 |
$37,000 | $64,000 |
| Application Withdrawn By Applicant |
2 | $94,000 |
$47,000 | $85,000 |
$49,000 | $69,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
207 | $11,509,000 |
$40,500 | $262,000 |
$40,000 | $185,000 |
| 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 |
1 | $40,000 |
$40,000 | $40,000 |
$50,000 | $50,000 |
| Credit History |
28 | $1,022,000 |
$67,000 | $105,000 |
$36,000 | $62,000 |
| Debt-To-Income Ratio |
2 | $172,000 |
$86,000 | $143,000 |
$52,000 | $64,000 |
| 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 | $33,000 |
$33,000 | $33,000 |
$21,000 | $21,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST FEDERAL BANK FOR SAVINGS by:
Metropolitan Area And
County
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