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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 | 5700 CLARK ROAD
SARASOTA, FL 34233 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 277 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $59,085,000 |
| Average Mortgage Loan Amount Applied For | $320,176 |
| Highest Mortgage Loan Amount Applied For | $10,000,000 |
| Average Applicant Income | $189,705 |
| Highest Applicant Income | $1,500,000 |
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| Home Improvement |
7 | $859,000 |
$122,000 | $502,000 |
$98,000 | $360,000 |
| Home Purchase |
154 | $25,449,000 |
$165,000 | $10,000,000 |
$88,000 | $1,306,000 |
| Refinancing |
116 | $32,777,000 |
$282,000 | $3,500,000 |
$155,000 | $1,500,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $933,000 |
$311,000 | $858,000 |
$164,000 | $360,000 |
| Black or African American |
1 | $130,000 |
$130,000 | $130,000 |
$96,000 | $96,000 |
| Hispanic |
15 | $3,151,000 |
$210,000 | $480,000 |
$131,000 | $384,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $465,000 |
$155,000 | $300,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
255 | $54,406,000 |
$213,000 | $10,000,000 |
$116,000 | $1,500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
277 | $59,085,000 |
$213,000 | $10,000,000 |
$116,000 | $1,500,000 |
| 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 |
1 | $7,000 |
$7,000 | $7,000 |
$32,000 | $32,000 |
| Application Denied By Financial Institution |
39 | $2,302,000 |
$59,000 | $600,000 |
$38,000 | $75,000 |
| Application Withdrawn By Applicant |
33 | $8,186,000 |
$248,000 | $3,500,000 |
$134,000 | $1,500,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
204 | $48,590,000 |
$238,000 | $10,000,000 |
$129,000 | $1,306,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
24 | $796,000 |
$33,000 | $145,000 |
$38,000 | $75,000 |
| Debt-To-Income Ratio |
13 | $1,350,000 |
$103,000 | $600,000 |
$38,000 | $72,000 |
| 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 |
1 | $11,000 |
$11,000 | $11,000 |
$28,000 | $28,000 |
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Mortgage Loan App Totals for FIRST STATE BANK by:
Metropolitan Area And
County
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