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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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MANATEE RIVER COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MANATEE RIVER COMMUNITY BANK |
| Address | 430 8TH AVENUE WEST
PALMETTO, FL 34221 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 125 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,864,000 |
| Average Mortgage Loan Amount Applied For | $213,750 |
| Highest Mortgage Loan Amount Applied For | $1,250,000 |
| Average Applicant Income | $60,583 |
| Highest Applicant Income | $360,000 |
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| Home Improvement |
11 | $619,000 |
$56,000 | $141,000 |
$42,000 | $124,000 |
| Home Purchase |
71 | $14,596,000 |
$205,000 | $1,250,000 |
$63,000 | $314,000 |
| Refinancing |
48 | $8,316,000 |
$173,000 | $730,000 |
$66,000 | $360,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $447,000 |
$223,000 | $246,000 |
$108,000 | $108,000 |
| Black or African American |
5 | $825,000 |
$165,000 | $233,000 |
$66,000 | $194,000 |
| Hispanic |
8 | $1,379,000 |
$172,000 | $391,000 |
$67,000 | $151,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $140,000 |
$70,000 | $90,000 |
$60,000 | $102,000 |
| White |
113 | $20,740,000 |
$183,000 | $1,250,000 |
$61,000 | $360,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
130 | $23,531,000 |
$181,000 | $1,250,000 |
$62,000 | $360,000 |
| 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 |
13 | $3,369,000 |
$259,000 | $1,250,000 |
$46,000 | $110,000 |
| Application Denied By Financial Institution |
14 | $1,673,000 |
$119,000 | $357,000 |
$38,000 | $102,000 |
| Application Withdrawn By Applicant |
8 | $1,254,000 |
$156,000 | $391,000 |
$71,000 | $210,000 |
| File Closed For Incompleteness |
1 | $730,000 |
$730,000 | $730,000 |
$82,000 | $82,000 |
| Loan Originated |
90 | $15,888,000 |
$176,000 | $606,000 |
$69,000 | $360,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
3 | $537,000 |
$179,000 | $270,000 |
$45,000 | $57,000 |
| Preapproval Denied by Financial Institution |
1 | $80,000 |
$80,000 | $80,000 |
$14,000 | $14,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
10 | $1,051,000 |
$105,000 | $212,000 |
$37,000 | $102,000 |
| Debt-To-Income Ratio |
5 | $702,000 |
$140,000 | $357,000 |
$37,000 | $86,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MANATEE RIVER COMMUNITY BANK by:
Metropolitan Area And
County
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