|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
JAMES MONROE BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
JAMES MONROE BANK |
| Address | 3914 CENTREVILLE ROAD
CHANTILLY, VA 20151 |
| Agency | Federal Reserve System (FRS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 285 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $74,885,000 |
| Average Mortgage Loan Amount Applied For | $219,000 |
| Highest Mortgage Loan Amount Applied For | $1,750,000 |
| Average Applicant Income | $104,289 |
| Highest Applicant Income | $1,692,000 |
|
|
|
| Home Improvement |
7 | $1,248,000 |
$189,666 | $560,000 |
$80,000 | $194,000 |
| Home Purchase |
178 | $49,671,000 |
$227,571 | $1,500,000 |
$108,142 | $930,000 |
| Refinancing |
140 | $36,085,000 |
$203,714 | $1,750,000 |
$81,714 | $1,692,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
11 | $3,067,000 |
$223,750 | $713,000 |
$46,250 | $144,000 |
| Black or African American |
43 | $10,942,000 |
$264,250 | $664,000 |
$84,500 | $284,000 |
| Hispanic |
17 | $4,150,000 |
$224,250 | $473,000 |
$70,750 | $225,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $2,172,000 |
$362,000 | $540,000 |
$0 | $0 |
| Not Provided |
43 | $11,454,000 |
$221,000 | $779,000 |
$105,000 | $1,136,000 |
| White |
205 | $55,219,000 |
$262,714 | $1,750,000 |
$110,142 | $1,692,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
322 | $86,306,000 |
$208,500 | $1,750,000 |
$88,800 | $1,692,000 |
| FHA-insured (Federal Housing Administration) |
2 | $447,000 |
$223,500 | $248,000 |
$96,500 | $102,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $251,000 |
$251,000 | $251,000 |
$46,000 | $46,000 |
|
|
| Application Approved But Not Accepted |
41 | $13,447,000 |
$260,400 | $1,750,000 |
$81,600 | $1,692,000 |
| Application Denied By Financial Institution |
28 | $6,703,000 |
$221,833 | $484,000 |
$71,500 | $200,000 |
| Application Withdrawn By Applicant |
28 | $8,710,000 |
$296,500 | $526,000 |
$145,500 | $1,136,000 |
| File Closed For Incompleteness |
2 | $597,000 |
$298,000 | $337,000 |
$65,000 | $83,000 |
| Loan Originated |
226 | $57,547,000 |
$224,166 | $1,000,000 |
$94,666 | $930,000 |
| 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 |
1 | $27,000 |
$27,000 | $27,000 |
$39,000 | $39,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
20 | $4,905,000 |
$209,400 | $484,000 |
$86,200 | $200,000 |
| Debt-To-Income Ratio |
4 | $1,185,000 |
$305,500 | $400,000 |
$36,000 | $90,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $367,000 |
$367,000 | $367,000 |
$92,000 | $92,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $219,000 |
$109,500 | $140,000 |
$61,500 | $123,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for JAMES MONROE BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
