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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 SOUTHERN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST SOUTHERN BANK |
| Address | P O BOX 268
COLUMBIA, MS 39429 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 269 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,460,000 |
| Average Mortgage Loan Amount Applied For | $56,111 |
| Highest Mortgage Loan Amount Applied For | $288,000 |
| Average Applicant Income | $52,888 |
| Highest Applicant Income | $220,000 |
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| Home Improvement |
65 | $2,073,000 |
$31,000 | $181,000 |
$54,000 | $210,000 |
| Home Purchase |
123 | $8,060,000 |
$65,000 | $288,000 |
$52,000 | $177,000 |
| Refinancing |
81 | $5,327,000 |
$65,000 | $212,000 |
$58,000 | $220,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $163,000 |
$81,000 | $140,000 |
$30,000 | $42,000 |
| Black or African American |
16 | $769,000 |
$48,000 | $141,000 |
$47,000 | $122,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $4,000 |
$4,000 | $4,000 |
$12,000 | $12,000 |
| White |
250 | $14,524,000 |
$58,000 | $288,000 |
$55,000 | $220,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
269 | $15,460,000 |
$57,000 | $288,000 |
$54,000 | $220,000 |
| 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 |
28 | $1,203,000 |
$42,000 | $145,000 |
$32,000 | $126,000 |
| Application Withdrawn By Applicant |
3 | $52,000 |
$17,000 | $34,000 |
$18,000 | $34,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
238 | $14,205,000 |
$59,000 | $288,000 |
$57,000 | $220,000 |
| 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 |
2 | $69,000 |
$34,000 | $51,000 |
$30,000 | $36,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
20 | $685,000 |
$34,000 | $132,000 |
$33,000 | $126,000 |
| Debt-To-Income Ratio |
6 | $449,000 |
$74,000 | $145,000 |
$29,000 | $44,000 |
| 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 SOUTHERN BANK by:
Metropolitan Area And
County
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