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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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HIGH POINT BANK AND TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
HIGH POINT BANK AND TRUST |
| Address | 1300 E HARTLEY DRIVE
HIGH POINT, NC 27265 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 268 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,908,000 |
| Average Mortgage Loan Amount Applied For | $190,437 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $75,812 |
| Highest Applicant Income | $600,000 |
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| Home Improvement |
52 | $1,698,000 |
$32,000 | $170,000 |
$72,000 | $600,000 |
| Home Purchase |
132 | $16,143,000 |
$122,000 | $530,000 |
$79,000 | $399,000 |
| Refinancing |
84 | $10,067,000 |
$119,000 | $800,000 |
$73,000 | $398,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $90,000 |
$90,000 | $90,000 |
$64,000 | $64,000 |
| Black or African American |
36 | $1,638,000 |
$45,000 | $192,000 |
$62,000 | $124,000 |
| Hispanic |
8 | $742,000 |
$92,000 | $228,000 |
$83,000 | $205,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
37 | $6,007,000 |
$162,000 | $800,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
186 | $19,431,000 |
$104,000 | $623,000 |
$93,000 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
268 | $27,908,000 |
$104,000 | $800,000 |
$75,000 | $600,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
9 | $678,000 |
$75,000 | $226,000 |
$48,000 | $124,000 |
| Application Withdrawn By Applicant |
3 | $345,000 |
$115,000 | $188,000 |
$72,000 | $118,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
256 | $26,885,000 |
$105,000 | $800,000 |
$76,000 | $600,000 |
| 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 |
7 | $428,000 |
$61,000 | $192,000 |
$54,000 | $124,000 |
| Debt-To-Income Ratio |
1 | $226,000 |
$226,000 | $226,000 |
$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 |
1 | $24,000 |
$24,000 | $24,000 |
$54,000 | $54,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for HIGH POINT BANK AND TRUST by:
Metropolitan Area And
County
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