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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 STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST STATE BANK |
| Address | P O BOX 966
CONWAY, AR 72033 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 536 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $57,902,000 |
| Average Mortgage Loan Amount Applied For | $111,368 |
| Highest Mortgage Loan Amount Applied For | $2,650,000 |
| Average Applicant Income | $63,157 |
| Highest Applicant Income | $2,803,000 |
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| Home Improvement |
77 | $1,313,000 |
$17,000 | $130,000 |
$56,000 | $260,000 |
| Home Purchase |
299 | $35,061,000 |
$117,000 | $1,416,000 |
$94,000 | $2,800,000 |
| Refinancing |
160 | $21,528,000 |
$134,000 | $2,650,000 |
$101,000 | $2,803,000 |
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| American Indian or Alaskan Native |
1 | $4,000 |
$4,000 | $4,000 |
$49,000 | $49,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
10 | $819,000 |
$81,000 | $226,000 |
$48,000 | $96,000 |
| Hispanic |
7 | $275,000 |
$39,000 | $78,000 |
$42,000 | $123,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
37 | $10,192,000 |
$275,000 | $2,650,000 |
$2,000 | $78,000 |
| Not Provided |
11 | $1,254,000 |
$114,000 | $409,000 |
$108,000 | $414,000 |
| White |
470 | $45,358,000 |
$96,000 | $710,000 |
$99,000 | $2,803,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
524 | $56,644,000 |
$108,000 | $2,650,000 |
$91,000 | $2,803,000 |
| FHA-insured (Federal Housing Administration) |
10 | $1,002,000 |
$100,000 | $211,000 |
$45,000 | $192,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $256,000 |
$128,000 | $170,000 |
$59,000 | $73,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
70 | $2,815,000 |
$40,000 | $211,000 |
$46,000 | $192,000 |
| Application Withdrawn By Applicant |
46 | $5,361,000 |
$116,000 | $492,000 |
$89,000 | $1,200,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
420 | $49,726,000 |
$118,000 | $2,650,000 |
$98,000 | $2,803,000 |
| 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 |
1 | $90,000 |
$90,000 | $90,000 |
$32,000 | $32,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
49 | $1,623,000 |
$33,000 | $211,000 |
$48,000 | $192,000 |
| Debt-To-Income Ratio |
17 | $1,016,000 |
$59,000 | $180,000 |
$42,000 | $114,000 |
| Employment History |
2 | $19,000 |
$9,000 | $10,000 |
$41,000 | $44,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $67,000 |
$67,000 | $67,000 |
$36,000 | $36,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FIRST STATE BANK by:
Metropolitan Area And
County
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