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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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GEORGIA BANK AND TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
GEORGIA BANK AND TRUST |
| Address | PO BOX 12050
CALHOUN, GA 30701 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2007 |
| Data Years (click a year for detail) | 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 281 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $23,064,000 |
| Average Mortgage Loan Amount Applied For | $102,750 |
| Highest Mortgage Loan Amount Applied For | $3,217,000 |
| Average Applicant Income | $207,937 |
| Highest Applicant Income | $1,330,000 |
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| Home Improvement |
114 | $2,888,000 |
$25,000 | $427,000 |
$70,000 | $534,000 |
| Home Purchase |
70 | $8,301,000 |
$118,000 | $2,815,000 |
$69,000 | $884,000 |
| Refinancing |
97 | $11,875,000 |
$122,000 | $3,217,000 |
$70,000 | $1,330,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $427,000 |
$427,000 | $427,000 |
$426,000 | $426,000 |
| Black or African American |
5 | $519,000 |
$103,000 | $243,000 |
$75,000 | $99,000 |
| Hispanic |
9 | $357,000 |
$39,000 | $143,000 |
$58,000 | $148,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
20 | $9,532,000 |
$476,000 | $3,217,000 |
$2,000 | $38,000 |
| Not Provided |
1 | $50,000 |
$50,000 | $50,000 |
$34,000 | $34,000 |
| White |
245 | $12,179,000 |
$49,000 | $512,000 |
$75,000 | $1,330,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
281 | $23,064,000 |
$82,000 | $3,217,000 |
$70,000 | $1,330,000 |
| 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 |
11 | $650,000 |
$59,000 | $200,000 |
$31,000 | $61,000 |
| Application Denied By Financial Institution |
32 | $848,000 |
$26,000 | $125,000 |
$35,000 | $95,000 |
| Application Withdrawn By Applicant |
1 | $6,000 |
$6,000 | $6,000 |
$60,000 | $60,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
237 | $21,560,000 |
$90,000 | $3,217,000 |
$77,000 | $1,330,000 |
| 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 |
10 | $227,000 |
$22,000 | $125,000 |
$45,000 | $95,000 |
| Debt-To-Income Ratio |
19 | $554,000 |
$29,000 | $80,000 |
$28,000 | $55,000 |
| 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 |
3 | $67,000 |
$22,000 | $50,000 |
$45,000 | $62,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for GEORGIA BANK AND TRUST by:
Metropolitan Area And
County
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