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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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FOREST HILL STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FOREST HILL STATE BANK |
| Address | 130 South Bond Street
Forest Hill, MD 21014-7307 |
| Agency | Federal Reserve System (FRS) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 244 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,866,000 |
| Average Mortgage Loan Amount Applied For | $95,777 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $88,888 |
| Highest Applicant Income | $600,000 |
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| Home Improvement (one-to-four family) |
76 | $2,045,000 |
$45,500 | $255,000 |
$46,500 | $184,000 |
| Home Purchase (one-to-four family) |
121 | $15,482,000 |
$80,250 | $1,000,000 |
$59,000 | $350,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
4 | $1,378,000 |
$344,000 | $450,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
47 | $5,082,000 |
$123,000 | $655,000 |
$82,500 | $600,000 |
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| American Indian or Alaskan Native |
2 | $160,000 |
$80,000 | $110,000 |
$28,000 | $34,000 |
| Asian or Pacific Islander |
3 | $490,000 |
$138,500 | $325,000 |
$87,000 | $153,000 |
| Black |
10 | $724,000 |
$84,500 | $310,000 |
$37,000 | $89,000 |
| Hispanic |
2 | $130,000 |
$65,000 | $90,000 |
$48,500 | $57,000 |
| Information not provided by applicant in mail or telephone application |
29 | $1,745,000 |
$68,000 | $200,000 |
$39,000 | $175,000 |
| Not applicable |
8 | $1,919,000 |
$239,000 | $450,000 |
$0 | $0 |
| Other |
1 | $25,000 |
$25,000 | $25,000 |
$67,000 | $67,000 |
| White |
193 | $18,794,000 |
$73,500 | $1,000,000 |
$74,500 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
248 | $23,987,000 |
$70,250 | $1,000,000 |
$59,500 | $600,000 |
| 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 |
8 | $1,627,000 |
$289,000 | $412,000 |
$142,000 | $211,000 |
| Application Denied By Financial Institution |
89 | $6,337,000 |
$62,000 | $870,000 |
$59,000 | $153,000 |
| Application Withdrawn By Applicant |
13 | $1,287,000 |
$114,000 | $360,000 |
$51,500 | $108,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
138 | $14,736,000 |
$105,500 | $1,000,000 |
$70,500 | $600,000 |
| Loan Purchased By The 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 |
61 | $4,395,000 |
$61,750 | $870,000 |
$56,500 | $116,000 |
| Debt-To-Income Ratio |
21 | $1,626,000 |
$75,666 | $340,000 |
$83,000 | $153,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $56,000 |
$56,000 | $56,000 |
$62,000 | $62,000 |
| Other |
5 | $50,000 |
$10,000 | $16,000 |
$38,000 | $61,000 |
| Unverifiable Information |
1 | $210,000 |
$210,000 | $210,000 |
$102,000 | $102,000 |
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Mortgage Loan App Totals for FOREST HILL STATE BANK by:
Metropolitan Area And
County
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