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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 PIEDMONT BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST PIEDMONT BANK |
| Address | 65 EAST MAY STREET
WINDER, GA 30680 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 85 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,484,000 |
| Average Mortgage Loan Amount Applied For | $229,562 |
| Highest Mortgage Loan Amount Applied For | $825,000 |
| Average Applicant Income | $108,000 |
| Highest Applicant Income | $618,000 |
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| Home Improvement |
2 | $110,000 |
$55,000 | $95,000 |
$68,000 | $100,000 |
| Home Purchase |
58 | $9,130,000 |
$157,000 | $825,000 |
$74,000 | $618,000 |
| Refinancing |
54 | $8,791,000 |
$162,000 | $480,000 |
$80,000 | $279,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $320,000 |
$160,000 | $171,000 |
$19,000 | $39,000 |
| Black or African American |
16 | $2,099,000 |
$131,000 | $580,000 |
$58,000 | $180,000 |
| Hispanic |
2 | $583,000 |
$291,000 | $464,000 |
$76,000 | $108,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $373,000 |
$124,000 | $163,000 |
$31,000 | $47,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $373,000 |
$124,000 | $148,000 |
$44,000 | $48,000 |
| White |
88 | $14,283,000 |
$162,000 | $825,000 |
$84,000 | $618,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
100 | $16,581,000 |
$165,000 | $825,000 |
$83,000 | $618,000 |
| FHA-insured (Federal Housing Administration) |
14 | $1,450,000 |
$103,000 | $148,000 |
$35,000 | $63,000 |
| 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 |
14 | $1,964,000 |
$140,000 | $370,000 |
$61,000 | $132,000 |
| Application Denied By Financial Institution |
5 | $449,000 |
$89,000 | $187,000 |
$40,000 | $66,000 |
| Application Withdrawn By Applicant |
12 | $1,873,000 |
$156,000 | $480,000 |
$74,000 | $135,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
63 | $10,723,000 |
$170,000 | $825,000 |
$92,000 | $618,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
7 | $1,699,000 |
$242,000 | $580,000 |
$74,000 | $180,000 |
| Preapproval Denied by Financial Institution |
13 | $1,323,000 |
$101,000 | $160,000 |
$39,000 | $96,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $515,000 |
$85,000 | $143,000 |
$48,000 | $66,000 |
| Debt-To-Income Ratio |
1 | $85,000 |
$85,000 | $85,000 |
$24,000 | $24,000 |
| Employment History |
1 | $160,000 |
$160,000 | $160,000 |
$96,000 | $96,000 |
| 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 PIEDMONT BANK by:
Metropolitan Area And
County
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