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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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MIDTOWN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MIDTOWN BANK |
| Address | 712 WEST PEACHTREE STREET
ATLANTA, GA 30308 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 117 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,058,000 |
| Average Mortgage Loan Amount Applied For | $127,500 |
| Highest Mortgage Loan Amount Applied For | $1,170,000 |
| Average Applicant Income | $216,750 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
104 | $14,249,000 |
$137,000 | $1,170,000 |
$125,000 | $1,800,000 |
| Refinancing |
13 | $3,809,000 |
$293,000 | $1,000,000 |
$244,000 | $1,143,000 |
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| American Indian or Alaskan Native |
1 | $48,000 |
$48,000 | $48,000 |
$195,000 | $195,000 |
| Asian |
6 | $359,000 |
$59,000 | $190,000 |
$83,000 | $166,000 |
| Black or African American |
27 | $3,337,000 |
$123,000 | $373,000 |
$145,000 | $1,143,000 |
| Hispanic |
6 | $641,000 |
$106,000 | $200,000 |
$145,000 | $200,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $42,000 |
$42,000 | $42,000 |
$103,000 | $103,000 |
| Not applicable |
11 | $6,779,000 |
$616,000 | $1,170,000 |
$0 | $0 |
| Not Provided |
2 | $74,000 |
$37,000 | $42,000 |
$68,000 | $70,000 |
| White |
63 | $6,778,000 |
$107,000 | $1,000,000 |
$167,000 | $1,800,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
117 | $18,058,000 |
$154,000 | $1,170,000 |
$138,000 | $1,800,000 |
| 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 |
16 | $2,165,000 |
$135,000 | $329,000 |
$64,000 | $162,000 |
| Application Withdrawn By Applicant |
42 | $6,677,000 |
$158,000 | $1,000,000 |
$206,000 | $1,800,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
59 | $9,216,000 |
$156,000 | $1,170,000 |
$111,000 | $600,000 |
| 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 |
1 | $63,000 |
$63,000 | $63,000 |
$99,000 | $99,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $1,605,000 |
$145,000 | $329,000 |
$53,000 | $162,000 |
| 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 |
4 | $497,000 |
$124,000 | $248,000 |
$86,000 | $90,000 |
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Mortgage Loan App Totals for MIDTOWN BANK by:
Metropolitan Area And
County
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