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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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LUMBEE GUARANTY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
LUMBEE GUARANTY BANK |
| Address | 403 EAST THIRD STREET
PEMBROKE, NC 28372 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 26 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,729,000 |
| Average Mortgage Loan Amount Applied For | $88,000 |
| Highest Mortgage Loan Amount Applied For | $425,000 |
| Average Applicant Income | $31,500 |
| Highest Applicant Income | $243,000 |
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| Home Improvement |
20 | $594,000 |
$29,000 | $100,000 |
$33,000 | $73,000 |
| Home Purchase |
131 | $4,551,000 |
$34,000 | $185,000 |
$40,000 | $247,000 |
| Refinancing |
82 | $4,614,000 |
$56,000 | $611,000 |
$41,000 | $243,000 |
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| American Indian or Alaskan Native |
130 | $5,092,000 |
$39,000 | $611,000 |
$40,000 | $163,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
28 | $1,181,000 |
$42,000 | $135,000 |
$58,000 | $243,000 |
| Hispanic |
5 | $92,000 |
$18,000 | $45,000 |
$34,000 | $43,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
26 | $2,083,000 |
$80,000 | $425,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
44 | $1,311,000 |
$29,000 | $79,000 |
$49,000 | $247,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
233 | $9,759,000 |
$41,000 | $611,000 |
$39,000 | $247,000 |
| 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 |
38 | $1,197,000 |
$31,000 | $135,000 |
$32,000 | $110,000 |
| Application Withdrawn By Applicant |
6 | $236,000 |
$39,000 | $106,000 |
$55,000 | $142,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
189 | $8,326,000 |
$44,000 | $611,000 |
$40,000 | $247,000 |
| 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 |
2 | $262,000 |
$131,000 | $135,000 |
$31,000 | $38,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
33 | $901,000 |
$27,000 | $108,000 |
$33,000 | $110,000 |
| Debt-To-Income Ratio |
2 | $29,000 |
$14,000 | $15,000 |
$27,000 | $43,000 |
| 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 | $5,000 |
$5,000 | $5,000 |
$39,000 | $39,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for LUMBEE GUARANTY BANK by:
Metropolitan Area And
County
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