|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST VA BANK-HAMPTON ROADS
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FIRST VA BANK-HAMPTON ROADS |
| Address | 223 WEST NASH STREET
WILSON, NC 27893 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 1,512 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $107,944,000 |
| Average Mortgage Loan Amount Applied For | $72,333 |
| Highest Mortgage Loan Amount Applied For | $371,000 |
| Average Applicant Income | $61,205 |
| Highest Applicant Income | $422,000 |
|
|
|
| Home Improvement (one-to-four family) |
184 | $4,607,000 |
$28,000 | $100,000 |
$52,500 | $422,000 |
| Home Purchase (one-to-four family) |
58 | $3,831,000 |
$51,500 | $268,000 |
$42,000 | $144,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
1,270 | $99,506,000 |
$89,000 | $371,000 |
$66,000 | $333,000 |
|
|
| American Indian or Alaskan Native |
6 | $760,000 |
$126,000 | $263,000 |
$95,000 | $239,000 |
| Asian or Pacific Islander |
46 | $4,570,000 |
$70,500 | $255,000 |
$50,500 | $238,000 |
| Black |
314 | $18,587,000 |
$49,500 | $297,000 |
$30,500 | $320,000 |
| Hispanic |
8 | $552,000 |
$69,000 | $120,000 |
$47,000 | $105,000 |
| Information not provided by applicant in mail or telephone application |
41 | $3,112,000 |
$131,500 | $276,000 |
$80,000 | $142,000 |
| Not applicable |
10 | $566,000 |
$56,000 | $122,000 |
$55,000 | $147,000 |
| Other |
12 | $578,000 |
$48,000 | $77,000 |
$53,000 | $96,000 |
| White |
1,075 | $79,219,000 |
$77,000 | $371,000 |
$66,000 | $422,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,484 | $107,608,000 |
$79,000 | $371,000 |
$61,500 | $422,000 |
| FHA-insured (Federal Housing Administration) |
28 | $336,000 |
$12,000 | $25,000 |
$56,000 | $150,000 |
| 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 |
94 | $6,861,000 |
$76,000 | $225,000 |
$94,000 | $333,000 |
| Application Denied By Financial Institution |
363 | $24,882,000 |
$92,500 | $290,000 |
$53,500 | $235,000 |
| Application Withdrawn By Applicant |
79 | $5,943,000 |
$91,000 | $297,000 |
$79,000 | $320,000 |
| File Closed For Incompleteness |
5 | $508,000 |
$101,000 | $174,000 |
$71,000 | $265,000 |
| Loan Originated |
971 | $69,750,000 |
$72,500 | $371,000 |
$62,000 | $422,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
53 | $4,072,000 |
$105,000 | $200,000 |
$77,500 | $164,000 |
| Credit Application Incomplete |
1 | $64,000 |
$64,000 | $64,000 |
$24,000 | $24,000 |
| Credit History |
131 | $8,671,000 |
$111,000 | $276,000 |
$55,000 | $235,000 |
| Debt-To-Income Ratio |
152 | $10,502,000 |
$69,500 | $290,000 |
$41,500 | $224,000 |
| Employment History |
1 | $72,000 |
$72,000 | $72,000 |
$38,000 | $38,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
19 | $1,153,000 |
$60,000 | $150,000 |
$43,000 | $91,000 |
| Unverifiable Information |
6 | $348,000 |
$58,000 | $100,000 |
$40,000 | $57,000 |
|
Mortgage Loan App Totals for FIRST VA BANK-HAMPTON ROADS by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
