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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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HERITAGE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
HERITAGE BANK |
| Address | 242 E STOCKBRIDGE RD, STE 12
JONESBORO, GA 30236 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 41 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,975,000 |
| Average Mortgage Loan Amount Applied For | $117,285 |
| Highest Mortgage Loan Amount Applied For | $455,000 |
| Average Applicant Income | $20,285 |
| Highest Applicant Income | $250,000 |
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| Home Improvement |
15 | $367,000 |
$24,000 | $150,000 |
$35,000 | $79,000 |
| Home Purchase |
16 | $1,956,000 |
$122,000 | $455,000 |
$10,000 | $64,000 |
| Refinancing |
10 | $1,652,000 |
$165,000 | $304,000 |
$62,000 | $250,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $50,000 |
$50,000 | $50,000 |
$0 | $0 |
| Black or African American |
6 | $689,000 |
$114,000 | $298,000 |
$59,000 | $110,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
17 | $2,004,000 |
$117,000 | $455,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
17 | $1,232,000 |
$72,000 | $304,000 |
$56,000 | $250,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
40 | $3,821,000 |
$95,000 | $455,000 |
$30,000 | $250,000 |
| FHA-insured (Federal Housing Administration) |
1 | $154,000 |
$154,000 | $154,000 |
$94,000 | $94,000 |
| 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 |
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| Application Approved But Not Accepted |
1 | $83,000 |
$83,000 | $83,000 |
$35,000 | $35,000 |
| Application Denied By Financial Institution |
6 | $832,000 |
$138,000 | $304,000 |
$65,000 | $110,000 |
| Application Withdrawn By Applicant |
3 | $375,000 |
$125,000 | $203,000 |
$44,000 | $85,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
31 | $2,685,000 |
$86,000 | $455,000 |
$24,000 | $250,000 |
| 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 HERITAGE BANK by:
Metropolitan Area And
County
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