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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 INDEPENDENT BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST INDEPENDENT BANK |
| Address | 710 NASHVILLE PIKE
GALLATIN, TN 37066 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 75 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,999,000 |
| Average Mortgage Loan Amount Applied For | $77,000 |
| Highest Mortgage Loan Amount Applied For | $475,000 |
| Average Applicant Income | $95,000 |
| Highest Applicant Income | $486,000 |
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| Home Improvement (one-to-four family) |
8 | $390,000 |
$48,000 | $80,000 |
$79,000 | $104,000 |
| Home Purchase (one-to-four family) |
29 | $2,650,000 |
$91,000 | $475,000 |
$97,000 | $486,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
1 | $356,000 |
$356,000 | $356,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
37 | $2,603,000 |
$70,000 | $229,000 |
$67,000 | $183,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black |
6 | $394,000 |
$65,000 | $200,000 |
$76,000 | $166,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Information not provided by applicant in mail or telephone application |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $184,000 |
$61,000 | $72,000 |
$101,000 | $120,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
66 | $5,421,000 |
$82,000 | $475,000 |
$76,000 | $486,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
75 | $5,999,000 |
$79,000 | $475,000 |
$79,000 | $486,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $167,000 |
$83,000 | $150,000 |
$58,000 | $78,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
73 | $5,832,000 |
$79,000 | $475,000 |
$83,000 | $486,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST INDEPENDENT BANK by:
Metropolitan Area And
County
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