|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FSG BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FSG BANK |
| Address | 531 BROAD STREET
CHATTANOOGA, TN 37402 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 845 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $103,910,000 |
| Average Mortgage Loan Amount Applied For | $133,557 |
| Highest Mortgage Loan Amount Applied For | $2,318,000 |
| Average Applicant Income | $108,826 |
| Highest Applicant Income | $1,769,000 |
|
|
|
| Home Improvement |
111 | $2,676,000 |
$24,000 | $197,000 |
$53,000 | $280,000 |
| Home Purchase |
451 | $60,288,000 |
$133,000 | $1,750,000 |
$100,000 | $1,769,000 |
| Refinancing |
283 | $40,946,000 |
$144,000 | $2,318,000 |
$86,000 | $1,117,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
6 | $1,314,000 |
$219,000 | $424,000 |
$181,000 | $311,000 |
| Black or African American |
11 | $1,062,000 |
$96,000 | $205,000 |
$53,000 | $120,000 |
| Hispanic |
50 | $4,197,000 |
$83,000 | $432,000 |
$39,000 | $266,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $482,000 |
$160,000 | $257,000 |
$50,000 | $61,000 |
| Not applicable |
28 | $4,012,000 |
$143,000 | $825,000 |
$0 | $0 |
| Not Provided |
5 | $498,000 |
$99,000 | $286,000 |
$68,000 | $204,000 |
| White |
742 | $92,345,000 |
$124,000 | $2,318,000 |
$96,000 | $1,769,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
844 | $103,838,000 |
$123,000 | $2,318,000 |
$89,000 | $1,769,000 |
| FHA-insured (Federal Housing Administration) |
1 | $72,000 |
$72,000 | $72,000 |
$40,000 | $40,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
30 | $3,938,000 |
$131,000 | $279,000 |
$62,000 | $146,000 |
| Application Denied By Financial Institution |
57 | $6,301,000 |
$110,000 | $800,000 |
$58,000 | $492,000 |
| Application Withdrawn By Applicant |
22 | $4,151,000 |
$188,000 | $1,300,000 |
$144,000 | $1,769,000 |
| File Closed For Incompleteness |
4 | $1,101,000 |
$275,000 | $600,000 |
$128,000 | $324,000 |
| Loan Originated |
732 | $88,419,000 |
$120,000 | $2,318,000 |
$91,000 | $1,117,000 |
| 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 |
|
|
| Collateral |
7 | $1,774,000 |
$253,000 | $800,000 |
$147,000 | $492,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
26 | $2,121,000 |
$81,000 | $225,000 |
$49,000 | $118,000 |
| Debt-To-Income Ratio |
18 | $1,817,000 |
$100,000 | $385,000 |
$36,000 | $135,000 |
| Employment History |
1 | $86,000 |
$86,000 | $86,000 |
$72,000 | $72,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $391,000 |
$97,000 | $198,000 |
$45,000 | $64,000 |
| Unverifiable Information |
1 | $112,000 |
$112,000 | $112,000 |
$78,000 | $78,000 |
|
Mortgage Loan App Totals for FSG BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
