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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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K BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
K BANK |
| Address | 11407 CRONHILL DRIVE, SUITE N
OWINGS MILLS, MD 21117 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 567 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $124,560,000 |
| Average Mortgage Loan Amount Applied For | $302,277 |
| Highest Mortgage Loan Amount Applied For | $1,309,000 |
| Average Applicant Income | $124,722 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement |
26 | $4,745,000 |
$182,000 | $545,000 |
$251,000 | $6,000,000 |
| Home Purchase |
495 | $112,090,000 |
$226,000 | $1,309,000 |
$68,000 | $492,000 |
| Refinancing |
46 | $7,725,000 |
$167,000 | $772,000 |
$74,000 | $484,000 |
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| American Indian or Alaskan Native |
1 | $545,000 |
$545,000 | $545,000 |
$6,000,000 | $6,000,000 |
| Asian |
8 | $2,352,000 |
$294,000 | $580,000 |
$199,000 | $419,000 |
| Black or African American |
197 | $42,176,000 |
$214,000 | $1,309,000 |
$73,000 | $421,000 |
| Hispanic |
9 | $1,389,000 |
$154,000 | $526,000 |
$35,000 | $98,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
84 | $16,031,000 |
$190,000 | $986,000 |
$6,000 | $373,000 |
| Not Provided |
3 | $673,000 |
$224,000 | $268,000 |
$31,000 | $95,000 |
| White |
265 | $61,394,000 |
$231,000 | $1,066,000 |
$78,000 | $492,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
514 | $115,573,000 |
$224,000 | $1,309,000 |
$78,000 | $6,000,000 |
| FHA-insured (Federal Housing Administration) |
53 | $8,987,000 |
$169,000 | $293,000 |
$65,000 | $186,000 |
| 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 |
24 | $4,342,000 |
$180,000 | $496,000 |
$59,000 | $142,000 |
| Application Denied By Financial Institution |
8 | $2,185,000 |
$273,000 | $526,000 |
$85,000 | $180,000 |
| Application Withdrawn By Applicant |
44 | $9,887,000 |
$224,000 | $592,000 |
$44,000 | $245,000 |
| File Closed For Incompleteness |
7 | $2,243,000 |
$320,000 | $532,000 |
$21,000 | $103,000 |
| Loan Originated |
484 | $105,903,000 |
$218,000 | $1,309,000 |
$81,000 | $6,000,000 |
| 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 K BANK by:
Metropolitan Area And
County
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