|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST FEDERAL SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST FEDERAL SAVINGS BANK |
| Address | 2323 RING ROAD
ELIZABETHTOWN, KY 42701 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 581 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $60,011,000 |
| Average Mortgage Loan Amount Applied For | $165,200 |
| Highest Mortgage Loan Amount Applied For | $2,400,000 |
| Average Applicant Income | $76,800 |
| Highest Applicant Income | $705,000 |
|
|
|
| Home Improvement |
81 | $1,662,000 |
$20,000 | $76,000 |
$48,000 | $156,000 |
| Home Purchase |
192 | $29,529,000 |
$153,000 | $2,400,000 |
$70,000 | $705,000 |
| Refinancing |
309 | $28,823,000 |
$93,000 | $797,000 |
$60,000 | $504,000 |
|
|
| American Indian or Alaskan Native |
1 | $74,000 |
$74,000 | $74,000 |
$28,000 | $28,000 |
| Asian |
4 | $623,000 |
$155,000 | $270,000 |
$91,000 | $148,000 |
| Black or African American |
8 | $836,000 |
$104,000 | $230,000 |
$49,000 | $90,000 |
| Hispanic |
11 | $1,189,000 |
$108,000 | $276,000 |
$171,000 | $705,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $10,000 |
$10,000 | $10,000 |
$15,000 | $15,000 |
| Not applicable |
30 | $5,475,000 |
$182,000 | $880,000 |
$0 | $0 |
| Not Provided |
5 | $778,000 |
$155,000 | $656,000 |
$36,000 | $52,000 |
| White |
522 | $51,029,000 |
$97,000 | $2,400,000 |
$63,000 | $504,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
582 | $60,014,000 |
$103,000 | $2,400,000 |
$62,000 | $705,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
19 | $1,112,000 |
$58,000 | $139,000 |
$47,000 | $154,000 |
| Application Denied By Financial Institution |
79 | $6,594,000 |
$83,000 | $500,000 |
$46,000 | $350,000 |
| Application Withdrawn By Applicant |
56 | $5,862,000 |
$104,000 | $415,000 |
$69,000 | $705,000 |
| File Closed For Incompleteness |
2 | $227,000 |
$113,000 | $121,000 |
$33,000 | $47,000 |
| Loan Originated |
426 | $46,219,000 |
$108,000 | $2,400,000 |
$65,000 | $705,000 |
| 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 |
|
|
| Collateral |
6 | $229,000 |
$38,000 | $74,000 |
$47,000 | $80,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
41 | $3,560,000 |
$86,000 | $500,000 |
$45,000 | $136,000 |
| Debt-To-Income Ratio |
26 | $2,006,000 |
$77,000 | $220,000 |
$38,000 | $141,000 |
| Employment History |
3 | $244,000 |
$81,000 | $144,000 |
$24,000 | $49,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $555,000 |
$185,000 | $450,000 |
$133,000 | $350,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRST FEDERAL SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
