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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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HERRING BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
HERRING BANK |
| Address | 2201 CIVIC CIRCLE
AMARILLO, TX 79109 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 176 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,320,000 |
| Average Mortgage Loan Amount Applied For | $54,047 |
| Highest Mortgage Loan Amount Applied For | $980,000 |
| Average Applicant Income | $76,380 |
| Highest Applicant Income | $1,472,000 |
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| Home Improvement |
31 | $983,000 |
$31,000 | $116,000 |
$78,000 | $222,000 |
| Home Purchase |
129 | $10,843,000 |
$84,000 | $456,000 |
$91,000 | $1,472,000 |
| Refinancing |
37 | $3,716,000 |
$100,000 | $980,000 |
$105,000 | $840,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
6 | $157,000 |
$26,000 | $65,000 |
$42,000 | $86,000 |
| Hispanic |
21 | $977,000 |
$46,000 | $198,000 |
$36,000 | $72,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $1,528,000 |
$169,000 | $980,000 |
$292,000 | $968,000 |
| Not Provided |
6 | $943,000 |
$157,000 | $425,000 |
$337,000 | $1,472,000 |
| White |
155 | $11,937,000 |
$77,000 | $456,000 |
$80,000 | $392,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
197 | $15,542,000 |
$78,000 | $980,000 |
$92,000 | $1,472,000 |
| 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 |
16 | $1,278,000 |
$79,000 | $300,000 |
$88,000 | $360,000 |
| Application Denied By Financial Institution |
25 | $998,000 |
$39,000 | $177,000 |
$50,000 | $129,000 |
| Application Withdrawn By Applicant |
3 | $545,000 |
$181,000 | $425,000 |
$512,000 | $1,472,000 |
| File Closed For Incompleteness |
1 | $88,000 |
$88,000 | $88,000 |
$81,000 | $81,000 |
| Loan Originated |
132 | $10,499,000 |
$79,000 | $980,000 |
$97,000 | $968,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
9 | $982,000 |
$109,000 | $198,000 |
$61,000 | $132,000 |
| Preapproval Denied by Financial Institution |
11 | $1,152,000 |
$104,000 | $300,000 |
$39,000 | $104,000 |
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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 HERRING BANK by:
Metropolitan Area And
County
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