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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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JACKSON COUNTY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
JACKSON COUNTY BANK |
| Address | 125 SOUTH CHESTNUT STREET
SEYMOUR, IN 47274 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 471 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $38,700,000 |
| Average Mortgage Loan Amount Applied For | $122,875 |
| Highest Mortgage Loan Amount Applied For | $1,120,000 |
| Average Applicant Income | $65,875 |
| Highest Applicant Income | $422,000 |
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| Home Improvement |
60 | $1,466,000 |
$24,000 | $242,000 |
$47,000 | $113,000 |
| Home Purchase |
265 | $24,436,000 |
$92,000 | $413,000 |
$60,000 | $221,000 |
| Refinancing |
185 | $15,827,000 |
$85,000 | $1,120,000 |
$65,000 | $422,000 |
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| American Indian or Alaskan Native |
1 | $79,000 |
$79,000 | $79,000 |
$30,000 | $30,000 |
| Asian |
2 | $219,000 |
$109,000 | $128,000 |
$53,000 | $80,000 |
| Black or African American |
1 | $87,000 |
$87,000 | $87,000 |
$20,000 | $20,000 |
| Hispanic |
4 | $240,000 |
$60,000 | $84,000 |
$30,000 | $35,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $137,000 |
$137,000 | $137,000 |
$160,000 | $160,000 |
| Not applicable |
2 | $290,000 |
$145,000 | $203,000 |
$30,000 | $60,000 |
| Not Provided |
1 | $12,000 |
$12,000 | $12,000 |
$99,000 | $99,000 |
| White |
498 | $40,665,000 |
$81,000 | $1,120,000 |
$61,000 | $422,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
502 | $41,058,000 |
$81,000 | $1,120,000 |
$61,000 | $422,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $671,000 |
$83,000 | $110,000 |
$41,000 | $61,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
5 | $357,000 |
$71,000 | $115,000 |
$63,000 | $85,000 |
| Application Denied By Financial Institution |
36 | $2,534,000 |
$70,000 | $220,000 |
$41,000 | $87,000 |
| Application Withdrawn By Applicant |
34 | $2,817,000 |
$82,000 | $198,000 |
$47,000 | $88,000 |
| File Closed For Incompleteness |
6 | $409,000 |
$68,000 | $144,000 |
$43,000 | $75,000 |
| Loan Originated |
426 | $35,397,000 |
$83,000 | $1,120,000 |
$63,000 | $422,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $78,000 |
$78,000 | $78,000 |
$43,000 | $43,000 |
| Preapproval Denied by Financial Institution |
2 | $137,000 |
$68,000 | $87,000 |
$36,000 | $37,000 |
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| Collateral |
3 | $168,000 |
$56,000 | $67,000 |
$31,000 | $46,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
26 | $1,784,000 |
$68,000 | $220,000 |
$41,000 | $87,000 |
| Debt-To-Income Ratio |
8 | $567,000 |
$70,000 | $168,000 |
$41,000 | $54,000 |
| Employment History |
1 | $152,000 |
$152,000 | $152,000 |
$78,000 | $78,000 |
| 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 JACKSON COUNTY BANK by:
Metropolitan Area And
County
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