|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST STATE BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST STATE BANK |
| Address | P.O. BOX 580
HOLLY SPRINGS, MS 38635 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 93 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,935,000 |
| Average Mortgage Loan Amount Applied For | $46,857 |
| Highest Mortgage Loan Amount Applied For | $282,000 |
| Average Applicant Income | $67,000 |
| Highest Applicant Income | $218,000 |
|
|
|
| Home Improvement |
36 | $812,000 |
$22,000 | $282,000 |
$37,000 | $126,000 |
| Home Purchase |
30 | $1,720,000 |
$57,000 | $236,000 |
$76,000 | $218,000 |
| Refinancing |
29 | $1,783,000 |
$61,000 | $208,000 |
$59,000 | $192,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
46 | $1,266,000 |
$27,000 | $190,000 |
$36,000 | $182,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $17,000 |
$17,000 | $17,000 |
$48,000 | $48,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
48 | $3,032,000 |
$63,000 | $282,000 |
$76,000 | $218,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
95 | $4,315,000 |
$45,000 | $282,000 |
$56,000 | $218,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
22 | $630,000 |
$28,000 | $190,000 |
$31,000 | $96,000 |
| Application Withdrawn By Applicant |
2 | $340,000 |
$170,000 | $190,000 |
$132,000 | $182,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
71 | $3,345,000 |
$47,000 | $282,000 |
$62,000 | $218,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
16 | $513,000 |
$32,000 | $190,000 |
$36,000 | $96,000 |
| Debt-To-Income Ratio |
4 | $104,000 |
$26,000 | $58,000 |
$22,000 | $35,000 |
| 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 |
1 | $3,000 |
$3,000 | $3,000 |
$8,000 | $8,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRST STATE BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
