|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST HARRISON BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST HARRISON BANK |
| Address | 220 FEDERAL DRIVE
CORYDON, IN 47112 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 867 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $73,070,000 |
| Average Mortgage Loan Amount Applied For | $100,642 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $101,714 |
| Highest Applicant Income | $1,389,000 |
|
|
|
| Home Improvement |
69 | $2,077,000 |
$30,000 | $235,000 |
$47,000 | $146,000 |
| Home Purchase |
264 | $25,502,000 |
$96,000 | $500,000 |
$64,000 | $757,000 |
| Refinancing |
540 | $46,313,000 |
$85,000 | $1,000,000 |
$65,000 | $1,389,000 |
|
|
| American Indian or Alaskan Native |
1 | $95,000 |
$95,000 | $95,000 |
$63,000 | $63,000 |
| Asian |
3 | $260,000 |
$86,000 | $95,000 |
$40,000 | $56,000 |
| Black or African American |
1 | $79,000 |
$79,000 | $79,000 |
$48,000 | $48,000 |
| Hispanic |
7 | $494,000 |
$70,000 | $110,000 |
$46,000 | $89,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $105,000 |
$105,000 | $105,000 |
$43,000 | $43,000 |
| Not applicable |
9 | $939,000 |
$104,000 | $150,000 |
$258,000 | $1,389,000 |
| Not Provided |
5 | $307,000 |
$61,000 | $134,000 |
$49,000 | $78,000 |
| White |
846 | $71,613,000 |
$84,000 | $1,000,000 |
$62,000 | $757,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
853 | $71,918,000 |
$84,000 | $1,000,000 |
$64,000 | $1,389,000 |
| FHA-insured (Federal Housing Administration) |
10 | $1,076,000 |
$107,000 | $182,000 |
$53,000 | $107,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
10 | $898,000 |
$89,000 | $178,000 |
$51,000 | $131,000 |
|
|
| Application Approved But Not Accepted |
3 | $46,000 |
$15,000 | $20,000 |
$33,000 | $58,000 |
| Application Denied By Financial Institution |
98 | $9,379,000 |
$95,000 | $459,000 |
$44,000 | $200,000 |
| Application Withdrawn By Applicant |
94 | $9,705,000 |
$103,000 | $343,000 |
$54,000 | $168,000 |
| File Closed For Incompleteness |
1 | $105,000 |
$105,000 | $105,000 |
$0 | $0 |
| Loan Originated |
677 | $54,657,000 |
$80,000 | $1,000,000 |
$68,000 | $1,389,000 |
| 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 |
16 | $1,039,000 |
$64,000 | $150,000 |
$47,000 | $92,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
45 | $4,070,000 |
$90,000 | $459,000 |
$46,000 | $200,000 |
| Debt-To-Income Ratio |
30 | $3,635,000 |
$121,000 | $394,000 |
$38,000 | $85,000 |
| Employment History |
1 | $50,000 |
$50,000 | $50,000 |
$63,000 | $63,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $301,000 |
$150,000 | $213,000 |
$38,000 | $54,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $192,000 |
$64,000 | $98,000 |
$72,000 | $89,000 |
| Unverifiable Information |
1 | $92,000 |
$92,000 | $92,000 |
$33,000 | $33,000 |
|
Mortgage Loan App Totals for FIRST HARRISON BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
