|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
GUARANTY TRUST COMPANY
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
GUARANTY TRUST COMPANY |
| Address | 316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,647 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $208,228,000 |
| Average Mortgage Loan Amount Applied For | $124,653 |
| Highest Mortgage Loan Amount Applied For | $640,000 |
| Average Applicant Income | $50,367 |
| Highest Applicant Income | $420,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,469 | $178,718,000 |
$121,000 | $417,000 |
$53,000 | $368,000 |
| Refinancing |
349 | $49,277,000 |
$141,000 | $640,000 |
$59,000 | $420,000 |
|
|
| American Indian or Alaskan Native |
4 | $588,000 |
$147,000 | $187,000 |
$70,000 | $94,000 |
| Asian |
61 | $8,254,000 |
$135,000 | $375,000 |
$47,000 | $98,000 |
| Black or African American |
136 | $17,443,000 |
$128,000 | $314,000 |
$48,000 | $228,000 |
| Hispanic |
51 | $5,730,000 |
$112,000 | $226,000 |
$46,000 | $132,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $591,000 |
$197,000 | $347,000 |
$93,000 | $142,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
102 | $13,378,000 |
$131,000 | $640,000 |
$62,000 | $263,000 |
| White |
1,461 | $182,011,000 |
$124,000 | $450,000 |
$55,000 | $420,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
863 | $103,033,000 |
$119,000 | $640,000 |
$60,000 | $420,000 |
| FHA-insured (Federal Housing Administration) |
573 | $73,349,000 |
$128,000 | $229,000 |
$50,000 | $255,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
28 | $2,786,000 |
$99,000 | $151,000 |
$32,000 | $74,000 |
| VA-guaranteed (Veterans Administration) |
354 | $48,827,000 |
$137,000 | $417,000 |
$50,000 | $132,000 |
|
|
| Application Approved But Not Accepted |
1 | $122,000 |
$122,000 | $122,000 |
$52,000 | $52,000 |
| Application Denied By Financial Institution |
28 | $3,353,000 |
$119,000 | $250,000 |
$50,000 | $154,000 |
| Application Withdrawn By Applicant |
113 | $14,603,000 |
$129,000 | $640,000 |
$51,000 | $420,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,676 | $209,917,000 |
$125,000 | $417,000 |
$55,000 | $368,000 |
| 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 |
3 | $292,000 |
$97,000 | $160,000 |
$32,000 | $73,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $618,000 |
$123,000 | $224,000 |
$45,000 | $68,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
4 | $425,000 |
$106,000 | $149,000 |
$44,000 | $57,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $481,000 |
$120,000 | $206,000 |
$48,000 | $85,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for GUARANTY TRUST COMPANY by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
