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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 OF ARKANSAS
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL BANK OF ARKANSAS |
| Address | 1401 HWY 62-65N
HARRISON, AR 72601 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 702 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $92,758,000 |
| Average Mortgage Loan Amount Applied For | $127,368 |
| Highest Mortgage Loan Amount Applied For | $2,250,000 |
| Average Applicant Income | $71,473 |
| Highest Applicant Income | $1,740,000 |
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| Home Improvement |
85 | $2,634,000 |
$30,000 | $235,000 |
$77,000 | $569,000 |
| Home Purchase |
441 | $60,262,000 |
$136,000 | $764,000 |
$71,000 | $486,000 |
| Refinancing |
176 | $29,862,000 |
$169,000 | $2,250,000 |
$82,000 | $1,740,000 |
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| American Indian or Alaskan Native |
1 | $110,000 |
$110,000 | $110,000 |
$180,000 | $180,000 |
| Asian |
2 | $420,000 |
$210,000 | $232,000 |
$34,000 | $68,000 |
| Black or African American |
4 | $1,887,000 |
$471,000 | $794,000 |
$154,000 | $242,000 |
| Hispanic |
11 | $1,073,000 |
$97,000 | $218,000 |
$61,000 | $135,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $73,000 |
$24,000 | $35,000 |
$75,000 | $99,000 |
| Not applicable |
54 | $12,779,000 |
$236,000 | $2,250,000 |
$52,000 | $503,000 |
| Not Provided |
114 | $8,934,000 |
$78,000 | $540,000 |
$86,000 | $1,740,000 |
| White |
513 | $67,482,000 |
$131,000 | $1,119,000 |
$74,000 | $555,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
702 | $92,758,000 |
$132,000 | $2,250,000 |
$74,000 | $1,740,000 |
| 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 |
59 | $6,554,000 |
$111,000 | $368,000 |
$50,000 | $197,000 |
| Application Withdrawn By Applicant |
71 | $11,476,000 |
$161,000 | $764,000 |
$77,000 | $486,000 |
| File Closed For Incompleteness |
16 | $1,445,000 |
$90,000 | $210,000 |
$48,000 | $170,000 |
| Loan Originated |
556 | $73,283,000 |
$131,000 | $2,250,000 |
$77,000 | $1,740,000 |
| 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 |
6 | $434,000 |
$72,000 | $150,000 |
$56,000 | $197,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
37 | $4,014,000 |
$108,000 | $340,000 |
$47,000 | $180,000 |
| Debt-To-Income Ratio |
9 | $1,256,000 |
$139,000 | $330,000 |
$53,000 | $105,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $450,000 |
$225,000 | $368,000 |
$82,000 | $136,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $244,000 |
$81,000 | $128,000 |
$36,000 | $70,000 |
| Unverifiable Information |
2 | $156,000 |
$78,000 | $111,000 |
$52,000 | $56,000 |
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Mortgage Loan App Totals for FIRST FEDERAL BANK OF ARKANSAS by:
Metropolitan Area And
County
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