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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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LEE BANK & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
LEE BANK & TRUST COMPANY |
| Address | P.O. BOX 100
PENNINGTON GAP, VA 24277 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 170 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,736,000 |
| Average Mortgage Loan Amount Applied For | $63,500 |
| Highest Mortgage Loan Amount Applied For | $940,000 |
| Average Applicant Income | $48,611 |
| Highest Applicant Income | $300,000 |
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| Home Improvement |
31 | $357,000 |
$11,000 | $65,000 |
$37,000 | $80,000 |
| Home Purchase |
83 | $6,834,000 |
$82,000 | $940,000 |
$52,000 | $300,000 |
| Refinancing |
56 | $3,545,000 |
$63,000 | $156,000 |
$53,000 | $291,000 |
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| American Indian or Alaskan Native |
1 | $205,000 |
$205,000 | $205,000 |
$300,000 | $300,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $175,000 |
$175,000 | $175,000 |
$0 | $0 |
| Hispanic |
1 | $6,000 |
$6,000 | $6,000 |
$80,000 | $80,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $731,000 |
$146,000 | $408,000 |
$0 | $0 |
| Not Provided |
4 | $235,000 |
$58,000 | $96,000 |
$38,000 | $55,000 |
| White |
158 | $9,384,000 |
$59,000 | $940,000 |
$50,000 | $291,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
170 | $10,736,000 |
$63,000 | $940,000 |
$50,000 | $300,000 |
| 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 |
4 | $261,000 |
$65,000 | $97,000 |
$108,000 | $291,000 |
| Application Denied By Financial Institution |
45 | $3,260,000 |
$72,000 | $175,000 |
$41,000 | $126,000 |
| Application Withdrawn By Applicant |
7 | $829,000 |
$118,000 | $408,000 |
$52,000 | $96,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
114 | $6,386,000 |
$56,000 | $940,000 |
$51,000 | $300,000 |
| 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 LEE BANK & TRUST COMPANY by:
Metropolitan Area And
County
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