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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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FRANCES SLOCUM BANK C/O FMC
Mortgage Loans and Application Details
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| Mortgage Company Name |
FRANCES SLOCUM BANK C/O FMC |
| Address | 200 E JACKSON ST
MUNCIE, IN 47308 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 156 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,339,000 |
| Average Mortgage Loan Amount Applied For | $79,812 |
| Highest Mortgage Loan Amount Applied For | $385,000 |
| Average Applicant Income | $53,687 |
| Highest Applicant Income | $224,000 |
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| Home Improvement (one-to-four family) |
34 | $1,171,000 |
$34,000 | $110,000 |
$40,000 | $93,000 |
| Home Purchase (one-to-four family) |
37 | $2,338,000 |
$48,500 | $188,000 |
$46,000 | $138,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
85 | $7,830,000 |
$92,000 | $385,000 |
$59,000 | $224,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
1 | $111,000 |
$111,000 | $111,000 |
$122,000 | $122,000 |
| Black |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $70,000 |
$70,000 | $70,000 |
$93,000 | $93,000 |
| Information not provided by applicant in mail or telephone application |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $114,000 |
$114,000 | $114,000 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
153 | $11,044,000 |
$52,500 | $385,000 |
$45,500 | $224,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
156 | $11,339,000 |
$52,500 | $385,000 |
$46,000 | $224,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
30 | $2,317,000 |
$77,000 | $200,000 |
$46,000 | $120,000 |
| Application Withdrawn By Applicant |
65 | $6,190,000 |
$95,000 | $385,000 |
$74,000 | $224,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
61 | $2,832,000 |
$39,500 | $188,000 |
$44,000 | $138,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
4 | $304,000 |
$76,000 | $103,000 |
$66,000 | $99,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
18 | $1,282,000 |
$71,000 | $140,000 |
$47,000 | $92,000 |
| Debt-To-Income Ratio |
3 | $364,000 |
$121,000 | $200,000 |
$52,000 | $120,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $159,000 |
$79,000 | $80,000 |
$29,000 | $59,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $208,000 |
$69,000 | $126,000 |
$37,000 | $50,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FRANCES SLOCUM BANK C/O FMC by:
Metropolitan Area And
County
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