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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 VIRGINIA BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST VIRGINIA BANK |
| 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 | 1,655 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $173,279,000 |
| Average Mortgage Loan Amount Applied For | $89,520 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $69,520 |
| Highest Applicant Income | $815,000 |
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| Home Improvement (one-to-four family) |
275 | $11,266,000 |
$30,500 | $240,000 |
$63,000 | $250,000 |
| Home Purchase (one-to-four family) |
36 | $3,046,000 |
$84,000 | $400,000 |
$70,000 | $303,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
1 | $800,000 |
$800,000 | $800,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
1,343 | $158,167,000 |
$117,000 | $730,000 |
$77,000 | $815,000 |
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| American Indian or Alaskan Native |
4 | $276,000 |
$69,000 | $102,000 |
$107,000 | $144,000 |
| Asian or Pacific Islander |
124 | $14,295,000 |
$115,000 | $730,000 |
$71,000 | $431,000 |
| Black |
137 | $12,369,000 |
$90,000 | $475,000 |
$64,000 | $250,000 |
| Hispanic |
213 | $24,739,000 |
$68,000 | $276,000 |
$59,000 | $234,000 |
| Information not provided by applicant in mail or telephone application |
116 | $10,660,000 |
$91,000 | $338,000 |
$102,000 | $652,000 |
| Not applicable |
1 | $800,000 |
$800,000 | $800,000 |
$0 | $0 |
| Other |
30 | $4,134,000 |
$137,000 | $350,000 |
$80,000 | $595,000 |
| White |
1,030 | $106,006,000 |
$102,000 | $594,000 |
$73,000 | $815,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,653 | $173,229,000 |
$62,000 | $800,000 |
$65,500 | $815,000 |
| FHA-insured (Federal Housing Administration) |
2 | $50,000 |
$25,000 | $25,000 |
$93,000 | $133,000 |
| 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 |
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| Application Approved But Not Accepted |
83 | $8,387,000 |
$101,000 | $338,000 |
$87,000 | $354,000 |
| Application Denied By Financial Institution |
405 | $45,071,000 |
$65,500 | $475,000 |
$60,500 | $650,000 |
| Application Withdrawn By Applicant |
208 | $22,118,000 |
$106,000 | $510,000 |
$86,000 | $595,000 |
| File Closed For Incompleteness |
3 | $198,000 |
$66,000 | $108,000 |
$117,000 | $168,000 |
| Loan Originated |
956 | $97,505,000 |
$101,000 | $800,000 |
$74,000 | $815,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
28 | $2,805,000 |
$100,000 | $190,000 |
$77,000 | $201,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
103 | $9,559,000 |
$92,000 | $475,000 |
$85,000 | $650,000 |
| Debt-To-Income Ratio |
272 | $32,502,000 |
$69,500 | $450,000 |
$51,500 | $181,000 |
| 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 |
2 | $205,000 |
$102,000 | $155,000 |
$43,000 | $85,000 |
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Mortgage Loan App Totals for FIRST VIRGINIA BANK by:
Metropolitan Area And
County
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