|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST GASTON BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST GASTON BANK |
| Address | PO BOX 1478
GASTONIA, NC 28053 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 158 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,409,000 |
| Average Mortgage Loan Amount Applied For | $162,857 |
| Highest Mortgage Loan Amount Applied For | $1,770,000 |
| Average Applicant Income | $99,571 |
| Highest Applicant Income | $580,000 |
|
|
|
| Home Improvement |
9 | $940,000 |
$104,000 | $505,000 |
$38,000 | $92,000 |
| Home Purchase |
82 | $10,457,000 |
$127,000 | $619,000 |
$69,000 | $580,000 |
| Refinancing |
80 | $12,785,000 |
$159,000 | $1,770,000 |
$78,000 | $540,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $423,000 |
$211,000 | $378,000 |
$195,000 | $225,000 |
| Black or African American |
4 | $261,000 |
$65,000 | $99,000 |
$36,000 | $57,000 |
| Hispanic |
1 | $68,000 |
$68,000 | $68,000 |
$70,000 | $70,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $1,213,000 |
$151,000 | $505,000 |
$0 | $0 |
| Not Provided |
17 | $2,179,000 |
$128,000 | $448,000 |
$58,000 | $104,000 |
| White |
139 | $20,038,000 |
$144,000 | $1,770,000 |
$77,000 | $580,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
171 | $24,182,000 |
$141,000 | $1,770,000 |
$72,000 | $580,000 |
| 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 |
36 | $7,215,000 |
$200,000 | $1,770,000 |
$78,000 | $540,000 |
| Application Denied By Financial Institution |
28 | $2,527,000 |
$90,000 | $300,000 |
$47,000 | $107,000 |
| Application Withdrawn By Applicant |
3 | $265,000 |
$88,000 | $125,000 |
$43,000 | $66,000 |
| File Closed For Incompleteness |
3 | $509,000 |
$169,000 | $300,000 |
$82,000 | $98,000 |
| Loan Originated |
101 | $13,666,000 |
$135,000 | $619,000 |
$77,000 | $580,000 |
| 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 |
3 | $324,000 |
$108,000 | $148,000 |
$30,000 | $51,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
13 | $1,212,000 |
$93,000 | $300,000 |
$47,000 | $107,000 |
| Debt-To-Income Ratio |
2 | $47,000 |
$23,000 | $40,000 |
$47,000 | $68,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $354,000 |
$88,000 | $120,000 |
$39,000 | $67,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $271,000 |
$90,000 | $163,000 |
$57,000 | $60,000 |
| Unverifiable Information |
1 | $113,000 |
$113,000 | $113,000 |
$82,000 | $82,000 |
|
Mortgage Loan App Totals for FIRST GASTON BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
