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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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NBRS FINANCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NBRS FINANCIAL BANK |
| Address | P O BOX 370
RISING SUN, MD 21911-0370 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 83 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,223,000 |
| Average Mortgage Loan Amount Applied For | $112,111 |
| Highest Mortgage Loan Amount Applied For | $3,025,000 |
| Average Applicant Income | $159,111 |
| Highest Applicant Income | $4,309,000 |
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| Home Improvement |
40 | $1,608,000 |
$40,000 | $262,000 |
$87,000 | $394,000 |
| Home Purchase |
18 | $6,197,000 |
$344,000 | $3,025,000 |
$359,000 | $4,309,000 |
| Refinancing |
25 | $3,418,000 |
$136,000 | $724,000 |
$67,000 | $185,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $24,000 |
$24,000 | $24,000 |
$24,000 | $24,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
4 | $772,000 |
$193,000 | $243,000 |
$294,000 | $678,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
78 | $10,427,000 |
$133,000 | $3,025,000 |
$134,000 | $4,309,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
83 | $11,223,000 |
$135,000 | $3,025,000 |
$140,000 | $4,309,000 |
| 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 |
3 | $3,127,000 |
$1,042,000 | $3,025,000 |
$1,468,000 | $4,309,000 |
| Application Denied By Financial Institution |
9 | $320,000 |
$35,000 | $160,000 |
$46,000 | $82,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
71 | $7,776,000 |
$109,000 | $724,000 |
$96,000 | $678,000 |
| 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 | $10,000 |
$10,000 | $10,000 |
$82,000 | $82,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $295,000 |
$42,000 | $160,000 |
$43,000 | $74,000 |
| Debt-To-Income Ratio |
1 | $15,000 |
$15,000 | $15,000 |
$32,000 | $32,000 |
| 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 NBRS FINANCIAL BANK by:
Metropolitan Area And
County
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