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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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FRIENDS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FRIENDS BANK |
| Address | 2222 STATE ROAD 44
NEW SMYRNA BEACH, FL 32168 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 38 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,644,000 |
| Average Mortgage Loan Amount Applied For | $165,250 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $46,500 |
| Highest Applicant Income | $386,000 |
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| Home Improvement |
5 | $123,000 |
$24,000 | $40,000 |
$37,000 | $54,000 |
| Home Purchase |
22 | $4,730,000 |
$215,000 | $695,000 |
$79,000 | $386,000 |
| Refinancing |
11 | $2,791,000 |
$253,000 | $900,000 |
$104,000 | $356,000 |
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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 |
3 | $234,000 |
$78,000 | $124,000 |
$37,000 | $75,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $1,616,000 |
$323,000 | $695,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
30 | $5,794,000 |
$193,000 | $900,000 |
$99,000 | $386,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
38 | $7,644,000 |
$201,000 | $900,000 |
$81,000 | $386,000 |
| 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 |
6 | $1,088,000 |
$181,000 | $500,000 |
$80,000 | $253,000 |
| Application Denied By Financial Institution |
8 | $1,116,000 |
$139,000 | $500,000 |
$56,000 | $230,000 |
| Application Withdrawn By Applicant |
3 | $403,000 |
$134,000 | $190,000 |
$85,000 | $161,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
21 | $5,037,000 |
$239,000 | $900,000 |
$90,000 | $386,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FRIENDS BANK by:
Metropolitan Area And
County
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