|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FULTON BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FULTON BANK |
| Address | PO BOX 4887
LANCASTER, PA 17604 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,029 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $472,139,000 |
| Average Mortgage Loan Amount Applied For | $214,879 |
| Highest Mortgage Loan Amount Applied For | $3,400,000 |
| Average Applicant Income | $121,517 |
| Highest Applicant Income | $2,007,000 |
|
|
|
| Home Improvement |
1,520 | $54,385,000 |
$35,000 | $500,000 |
$71,000 | $660,000 |
| Home Purchase |
2,085 | $283,782,000 |
$136,000 | $3,400,000 |
$72,000 | $2,007,000 |
| Refinancing |
1,593 | $155,901,000 |
$97,000 | $1,350,000 |
$77,000 | $999,000 |
|
|
| American Indian or Alaskan Native |
6 | $1,192,000 |
$198,000 | $780,000 |
$97,000 | $295,000 |
| Asian |
65 | $10,711,000 |
$164,000 | $800,000 |
$117,000 | $675,000 |
| Black or African American |
118 | $10,159,000 |
$86,000 | $576,000 |
$63,000 | $272,000 |
| Hispanic |
206 | $15,637,000 |
$75,000 | $1,200,000 |
$43,000 | $280,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $577,000 |
$115,000 | $243,000 |
$82,000 | $150,000 |
| Not applicable |
115 | $28,115,000 |
$244,000 | $3,400,000 |
$0 | $10,000 |
| Not Provided |
272 | $15,261,000 |
$56,000 | $1,180,000 |
$81,000 | $660,000 |
| White |
4,411 | $412,416,000 |
$93,000 | $1,350,000 |
$76,000 | $2,007,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,023 | $474,429,000 |
$94,000 | $3,400,000 |
$74,000 | $2,007,000 |
| FHA-insured (Federal Housing Administration) |
108 | $12,290,000 |
$113,000 | $239,000 |
$44,000 | $105,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
40 | $3,381,000 |
$84,000 | $140,000 |
$37,000 | $74,000 |
| VA-guaranteed (Veterans Administration) |
27 | $3,968,000 |
$146,000 | $270,000 |
$49,000 | $109,000 |
|
|
| Application Approved But Not Accepted |
169 | $15,917,000 |
$94,000 | $600,000 |
$66,000 | $420,000 |
| Application Denied By Financial Institution |
333 | $21,950,000 |
$65,000 | $760,000 |
$50,000 | $342,000 |
| Application Withdrawn By Applicant |
217 | $27,330,000 |
$125,000 | $726,000 |
$68,000 | $463,000 |
| File Closed For Incompleteness |
10 | $729,000 |
$72,000 | $350,000 |
$75,000 | $138,000 |
| Loan Originated |
4,300 | $406,213,000 |
$94,000 | $3,400,000 |
$77,000 | $2,007,000 |
| 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 |
169 | $21,929,000 |
$129,000 | $451,000 |
$43,000 | $155,000 |
|
|
| Collateral |
25 | $2,892,000 |
$115,000 | $760,000 |
$77,000 | $342,000 |
| Credit Application Incomplete |
6 | $955,000 |
$159,000 | $500,000 |
$56,000 | $143,000 |
| Credit History |
291 | $22,985,000 |
$78,000 | $451,000 |
$45,000 | $180,000 |
| Debt-To-Income Ratio |
150 | $14,840,000 |
$98,000 | $642,000 |
$46,000 | $199,000 |
| Employment History |
11 | $783,000 |
$71,000 | $279,000 |
$39,000 | $88,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $651,000 |
$108,000 | $228,000 |
$45,000 | $97,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
9 | $655,000 |
$72,000 | $249,000 |
$60,000 | $90,000 |
| Unverifiable Information |
4 | $118,000 |
$29,000 | $57,000 |
$72,000 | $154,000 |
|
Mortgage Loan App Totals for FULTON BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
