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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 MARKET BANK, FSB
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST MARKET BANK, FSB |
| Address | 2001 MAYWILL STREET, SUITE 205
RICHMOND, VA 23230 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 704 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $37,256,000 |
| Average Mortgage Loan Amount Applied For | $54,742 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $65,057 |
| Highest Applicant Income | $700,000 |
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| Home Improvement |
371 | $12,137,000 |
$32,000 | $636,000 |
$73,000 | $327,000 |
| Home Purchase |
60 | $9,441,000 |
$157,000 | $900,000 |
$58,000 | $700,000 |
| Refinancing |
273 | $15,678,000 |
$57,000 | $626,000 |
$72,000 | $417,000 |
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| American Indian or Alaskan Native |
2 | $46,000 |
$23,000 | $35,000 |
$67,000 | $120,000 |
| Asian |
11 | $392,000 |
$35,000 | $100,000 |
$82,000 | $200,000 |
| Black or African American |
78 | $2,578,000 |
$33,000 | $104,000 |
$57,000 | $132,000 |
| Hispanic |
6 | $161,000 |
$26,000 | $55,000 |
$60,000 | $112,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $78,000 |
$39,000 | $50,000 |
$121,000 | $143,000 |
| Not applicable |
66 | $10,190,000 |
$154,000 | $900,000 |
$0 | $0 |
| Not Provided |
39 | $2,199,000 |
$56,000 | $410,000 |
$82,000 | $200,000 |
| White |
500 | $21,612,000 |
$43,000 | $502,000 |
$82,000 | $700,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
704 | $37,256,000 |
$52,000 | $900,000 |
$71,000 | $700,000 |
| 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 |
48 | $2,298,000 |
$47,000 | $145,000 |
$87,000 | $221,000 |
| Application Denied By Financial Institution |
196 | $7,504,000 |
$38,000 | $270,000 |
$65,000 | $215,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
460 | $27,454,000 |
$59,000 | $900,000 |
$72,000 | $700,000 |
| 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 | $427,000 |
$61,000 | $160,000 |
$91,000 | $129,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
81 | $2,698,000 |
$33,000 | $171,000 |
$71,000 | $215,000 |
| Debt-To-Income Ratio |
88 | $3,442,000 |
$39,000 | $270,000 |
$52,000 | $215,000 |
| Employment History |
1 | $35,000 |
$35,000 | $35,000 |
$43,000 | $43,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $405,000 |
$50,000 | $141,000 |
$106,000 | $190,000 |
| Unverifiable Information |
11 | $497,000 |
$45,000 | $106,000 |
$76,000 | $200,000 |
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Mortgage Loan App Totals for FIRST MARKET BANK, FSB by:
Metropolitan Area And
County
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