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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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MILLENNIUM BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
MILLENNIUM BANK |
| Address | 4340 NEWBERRY ROAD
GAINESVILLE, FL 32607 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 93 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,053,000 |
| Average Mortgage Loan Amount Applied For | $158,500 |
| Highest Mortgage Loan Amount Applied For | $367,000 |
| Average Applicant Income | $99,833 |
| Highest Applicant Income | $672,000 |
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| Home Improvement |
3 | $360,000 |
$120,000 | $250,000 |
$70,000 | $158,000 |
| Home Purchase |
80 | $9,621,000 |
$120,000 | $367,000 |
$84,000 | $672,000 |
| Refinancing |
10 | $2,072,000 |
$207,000 | $366,000 |
$52,000 | $261,000 |
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| American Indian or Alaskan Native |
1 | $149,000 |
$149,000 | $149,000 |
$141,000 | $141,000 |
| Asian |
2 | $197,000 |
$98,000 | $105,000 |
$188,000 | $258,000 |
| Black or African American |
1 | $78,000 |
$78,000 | $78,000 |
$25,000 | $25,000 |
| Hispanic |
6 | $623,000 |
$103,000 | $195,000 |
$122,000 | $217,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
34 | $3,468,000 |
$102,000 | $352,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
49 | $7,538,000 |
$153,000 | $367,000 |
$126,000 | $672,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
93 | $12,053,000 |
$129,000 | $367,000 |
$80,000 | $672,000 |
| 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 |
3 | $464,000 |
$154,000 | $250,000 |
$18,000 | $56,000 |
| Application Withdrawn By Applicant |
13 | $2,161,000 |
$166,000 | $366,000 |
$67,000 | $168,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
77 | $9,428,000 |
$122,000 | $367,000 |
$85,000 | $672,000 |
| 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 |
1 | $115,000 |
$115,000 | $115,000 |
$0 | $0 |
| Debt-To-Income Ratio |
2 | $349,000 |
$174,000 | $250,000 |
$28,000 | $56,000 |
| 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 MILLENNIUM BANK by:
Metropolitan Area And
County
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