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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, LEXINGTON,
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL BANK, LEXINGTON, |
| Address | 110 W. VINE ST.
LEXINGTON, KY 40507 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 181 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,413,000 |
| Average Mortgage Loan Amount Applied For | $122,400 |
| Highest Mortgage Loan Amount Applied For | $452,000 |
| Average Applicant Income | $51,866 |
| Highest Applicant Income | $420,000 |
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| Home Improvement |
2 | $20,000 |
$10,000 | $10,000 |
$45,000 | $68,000 |
| Home Purchase |
161 | $17,906,000 |
$111,000 | $452,000 |
$58,000 | $420,000 |
| Refinancing |
53 | $7,759,000 |
$146,000 | $450,000 |
$72,000 | $216,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $428,000 |
$214,000 | $300,000 |
$49,000 | $64,000 |
| Black or African American |
10 | $1,100,000 |
$110,000 | $231,000 |
$47,000 | $110,000 |
| Hispanic |
2 | $226,000 |
$113,000 | $124,000 |
$39,000 | $49,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $103,000 |
$103,000 | $103,000 |
$150,000 | $150,000 |
| Not Provided |
16 | $1,995,000 |
$124,000 | $308,000 |
$76,000 | $191,000 |
| White |
185 | $21,833,000 |
$118,000 | $452,000 |
$60,000 | $420,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
176 | $21,374,000 |
$121,000 | $452,000 |
$66,000 | $420,000 |
| FHA-insured (Federal Housing Administration) |
26 | $2,590,000 |
$99,000 | $139,000 |
$40,000 | $123,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
9 | $1,011,000 |
$112,000 | $127,000 |
$40,000 | $59,000 |
| VA-guaranteed (Veterans Administration) |
5 | $710,000 |
$142,000 | $156,000 |
$50,000 | $72,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
21 | $2,800,000 |
$133,000 | $400,000 |
$59,000 | $216,000 |
| Application Withdrawn By Applicant |
26 | $3,889,000 |
$149,000 | $415,000 |
$62,000 | $180,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
139 | $15,631,000 |
$112,000 | $452,000 |
$65,000 | $420,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
18 | $2,131,000 |
$118,000 | $308,000 |
$50,000 | $191,000 |
| Preapproval Denied by Financial Institution |
12 | $1,234,000 |
$102,000 | $143,000 |
$31,000 | $49,000 |
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| Collateral |
1 | $118,000 |
$118,000 | $118,000 |
$104,000 | $104,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
21 | $2,280,000 |
$108,000 | $400,000 |
$45,000 | $216,000 |
| Debt-To-Income Ratio |
8 | $1,286,000 |
$160,000 | $350,000 |
$56,000 | $96,000 |
| Employment History |
2 | $231,000 |
$115,000 | $124,000 |
$38,000 | $46,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $119,000 |
$119,000 | $119,000 |
$29,000 | $29,000 |
| 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 FEDERAL BANK, LEXINGTON, by:
Metropolitan Area And
County
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