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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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FORDYCE BANK & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
FORDYCE BANK & TRUST COMPANY |
| Address | 200 W FOURTH ST
FORDYCE, AR 71742 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 303 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,620,000 |
| Average Mortgage Loan Amount Applied For | $79,000 |
| Highest Mortgage Loan Amount Applied For | $449,000 |
| Average Applicant Income | $86,368 |
| Highest Applicant Income | $284,000 |
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| Home Improvement |
31 | $741,000 |
$23,000 | $63,000 |
$61,000 | $172,000 |
| Home Purchase |
75 | $5,083,000 |
$67,000 | $245,000 |
$66,000 | $284,000 |
| Refinancing |
197 | $7,796,000 |
$39,000 | $449,000 |
$56,000 | $197,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
44 | $946,000 |
$21,000 | $68,000 |
$33,000 | $190,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
11 | $1,373,000 |
$124,000 | $449,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
248 | $11,301,000 |
$45,000 | $245,000 |
$66,000 | $284,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
303 | $13,620,000 |
$44,000 | $449,000 |
$59,000 | $284,000 |
| 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 |
2 | $228,000 |
$114,000 | $156,000 |
$49,000 | $99,000 |
| Application Denied By Financial Institution |
31 | $1,269,000 |
$40,000 | $139,000 |
$39,000 | $106,000 |
| Application Withdrawn By Applicant |
5 | $127,000 |
$25,000 | $45,000 |
$39,000 | $57,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
265 | $11,996,000 |
$45,000 | $449,000 |
$62,000 | $284,000 |
| 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 | $953,000 |
$39,000 | $139,000 |
$40,000 | $106,000 |
| Debt-To-Income Ratio |
1 | $15,000 |
$15,000 | $15,000 |
$14,000 | $14,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $106,000 |
$53,000 | $62,000 |
$63,000 | $70,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $109,000 |
$54,000 | $59,000 |
$10,000 | $14,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FORDYCE BANK & TRUST COMPANY by:
Metropolitan Area And
County
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