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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 NORTH FL
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL BANK OF NORTH FL |
| Address | 511 ST. JOHNS AVENUE
PALATKA, FL 32177 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 500 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $71,269,000 |
| Average Mortgage Loan Amount Applied For | $178,000 |
| Highest Mortgage Loan Amount Applied For | $2,800,000 |
| Average Applicant Income | $125,277 |
| Highest Applicant Income | $720,000 |
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| Home Improvement |
1 | $98,000 |
$98,000 | $98,000 |
$57,000 | $57,000 |
| Home Purchase |
299 | $43,791,000 |
$146,000 | $1,100,000 |
$90,000 | $720,000 |
| Refinancing |
201 | $27,568,000 |
$137,000 | $2,800,000 |
$70,000 | $504,000 |
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| American Indian or Alaskan Native |
2 | $128,000 |
$64,000 | $99,000 |
$45,000 | $62,000 |
| Asian |
7 | $1,264,000 |
$180,000 | $502,000 |
$115,000 | $236,000 |
| Black or African American |
23 | $2,081,000 |
$90,000 | $265,000 |
$49,000 | $166,000 |
| Hispanic |
16 | $1,730,000 |
$108,000 | $510,000 |
$67,000 | $253,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $29,000 |
$29,000 | $29,000 |
$120,000 | $120,000 |
| Not applicable |
5 | $509,000 |
$101,000 | $130,000 |
$22,000 | $60,000 |
| Not Provided |
34 | $4,439,000 |
$130,000 | $375,000 |
$75,000 | $326,000 |
| White |
413 | $61,277,000 |
$148,000 | $2,800,000 |
$85,000 | $720,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
501 | $71,457,000 |
$142,000 | $2,800,000 |
$82,000 | $720,000 |
| 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 |
55 | $6,255,000 |
$113,000 | $500,000 |
$78,000 | $238,000 |
| Application Denied By Financial Institution |
124 | $14,548,000 |
$117,000 | $620,000 |
$50,000 | $203,000 |
| Application Withdrawn By Applicant |
73 | $13,685,000 |
$187,000 | $2,800,000 |
$107,000 | $720,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
249 | $36,969,000 |
$148,000 | $1,000,000 |
$91,000 | $660,000 |
| 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 |
1 | $80,000 |
$80,000 | $80,000 |
$56,000 | $56,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
39 | $4,457,000 |
$114,000 | $620,000 |
$61,000 | $203,000 |
| Debt-To-Income Ratio |
79 | $9,479,000 |
$119,000 | $510,000 |
$45,000 | $175,000 |
| Employment History |
4 | $436,000 |
$109,000 | $150,000 |
$44,000 | $57,000 |
| 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 |
1 | $96,000 |
$96,000 | $96,000 |
$51,000 | $51,000 |
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Mortgage Loan App Totals for FIRST FEDERAL BANK OF NORTH FL by:
Metropolitan Area And
County
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