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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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FIRST SERVICE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST SERVICE BANK |
| Address | PO BOX 430
GREENBRIER, AR 72058 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 455 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,780,000 |
| Average Mortgage Loan Amount Applied For | $82,000 |
| Highest Mortgage Loan Amount Applied For | $430,000 |
| Average Applicant Income | $67,869 |
| Highest Applicant Income | $1,503,000 |
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| Home Improvement |
53 | $1,888,000 |
$35,000 | $250,000 |
$52,000 | $221,000 |
| Home Purchase |
219 | $13,742,000 |
$62,000 | $430,000 |
$61,000 | $975,000 |
| Refinancing |
190 | $12,698,000 |
$66,000 | $372,000 |
$52,000 | $1,503,000 |
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| American Indian or Alaskan Native |
1 | $53,000 |
$53,000 | $53,000 |
$43,000 | $43,000 |
| Asian |
1 | $92,000 |
$92,000 | $92,000 |
$144,000 | $144,000 |
| Black or African American |
5 | $116,000 |
$23,000 | $60,000 |
$28,000 | $60,000 |
| Hispanic |
1 | $150,000 |
$150,000 | $150,000 |
$125,000 | $125,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
41 | $4,240,000 |
$103,000 | $236,000 |
$53,000 | $276,000 |
| White |
413 | $23,677,000 |
$57,000 | $430,000 |
$57,000 | $1,503,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
452 | $27,691,000 |
$61,000 | $430,000 |
$57,000 | $1,503,000 |
| FHA-insured (Federal Housing Administration) |
8 | $507,000 |
$63,000 | $120,000 |
$36,000 | $66,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $95,000 |
$95,000 | $95,000 |
$68,000 | $68,000 |
| VA-guaranteed (Veterans Administration) |
1 | $35,000 |
$35,000 | $35,000 |
$10,000 | $10,000 |
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| Application Approved But Not Accepted |
4 | $192,000 |
$48,000 | $100,000 |
$36,000 | $70,000 |
| Application Denied By Financial Institution |
94 | $6,307,000 |
$67,000 | $372,000 |
$55,000 | $1,503,000 |
| Application Withdrawn By Applicant |
87 | $7,527,000 |
$86,000 | $236,000 |
$50,000 | $276,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
277 | $14,302,000 |
$51,000 | $430,000 |
$59,000 | $975,000 |
| 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 |
8 | $488,000 |
$61,000 | $124,000 |
$33,000 | $59,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
55 | $3,259,000 |
$59,000 | $372,000 |
$67,000 | $1,503,000 |
| Debt-To-Income Ratio |
17 | $1,518,000 |
$89,000 | $212,000 |
$42,000 | $144,000 |
| Employment History |
7 | $554,000 |
$79,000 | $184,000 |
$41,000 | $75,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $140,000 |
$70,000 | $77,000 |
$36,000 | $60,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $80,000 |
$40,000 | $45,000 |
$35,000 | $60,000 |
| Unverifiable Information |
3 | $268,000 |
$89,000 | $145,000 |
$31,000 | $53,000 |
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Mortgage Loan App Totals for FIRST SERVICE BANK by:
Metropolitan Area And
County
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