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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 SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST FEDERAL SAVINGS BANK |
| Address | P.O. BOX 688
CLARKSV ILLE, TN 37041 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 355 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $40,858,000 |
| Average Mortgage Loan Amount Applied For | $116,500 |
| Highest Mortgage Loan Amount Applied For | $681,000 |
| Average Applicant Income | $67,833 |
| Highest Applicant Income | $512,000 |
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| Home Improvement |
23 | $716,000 |
$31,000 | $125,000 |
$88,000 | $456,000 |
| Home Purchase |
220 | $28,320,000 |
$128,000 | $681,000 |
$60,000 | $512,000 |
| Refinancing |
113 | $11,854,000 |
$104,000 | $600,000 |
$61,000 | $217,000 |
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| American Indian or Alaskan Native |
4 | $504,000 |
$126,000 | $137,000 |
$47,000 | $77,000 |
| Asian |
12 | $1,698,000 |
$141,000 | $296,000 |
$63,000 | $146,000 |
| Black or African American |
30 | $2,936,000 |
$97,000 | $331,000 |
$60,000 | $157,000 |
| Hispanic |
15 | $1,440,000 |
$96,000 | $173,000 |
$39,000 | $84,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $1,444,000 |
$206,000 | $600,000 |
$31,000 | $217,000 |
| Not Provided |
21 | $2,279,000 |
$108,000 | $236,000 |
$67,000 | $112,000 |
| White |
267 | $30,589,000 |
$114,000 | $681,000 |
$65,000 | $512,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
258 | $28,243,000 |
$109,000 | $681,000 |
$66,000 | $512,000 |
| FHA-insured (Federal Housing Administration) |
28 | $2,828,000 |
$101,000 | $172,000 |
$40,000 | $79,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
70 | $9,819,000 |
$140,000 | $331,000 |
$56,000 | $157,000 |
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| Application Approved But Not Accepted |
7 | $894,000 |
$127,000 | $321,000 |
$88,000 | $167,000 |
| Application Denied By Financial Institution |
44 | $4,103,000 |
$93,000 | $296,000 |
$51,000 | $120,000 |
| Application Withdrawn By Applicant |
48 | $4,689,000 |
$97,000 | $260,000 |
$51,000 | $142,000 |
| File Closed For Incompleteness |
4 | $286,000 |
$71,000 | $84,000 |
$30,000 | $49,000 |
| Loan Originated |
253 | $30,918,000 |
$122,000 | $681,000 |
$66,000 | $512,000 |
| 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 |
7 | $573,000 |
$81,000 | $296,000 |
$60,000 | $84,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
23 | $2,456,000 |
$106,000 | $236,000 |
$45,000 | $120,000 |
| Debt-To-Income Ratio |
10 | $892,000 |
$89,000 | $184,000 |
$52,000 | $110,000 |
| 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 |
2 | $133,000 |
$66,000 | $89,000 |
$40,000 | $47,000 |
| Unverifiable Information |
2 | $49,000 |
$24,000 | $25,000 |
$86,000 | $86,000 |
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Mortgage Loan App Totals for FIRST FEDERAL SAVINGS BANK by:
Metropolitan Area And
County
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