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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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NEW REPUBLIC SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NEW REPUBLIC SAVINGS BANK |
| Address | 420 BECKER DRIVE
ROANOKE RAPIDS, NC 27870 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 229 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $31,074,000 |
| Average Mortgage Loan Amount Applied For | $142,052 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $69,421 |
| Highest Applicant Income | $296,000 |
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| Home Improvement |
1 | $83,000 |
$83,000 | $83,000 |
$38,000 | $38,000 |
| Home Purchase |
175 | $23,522,000 |
$134,000 | $563,000 |
$70,000 | $296,000 |
| Refinancing |
59 | $8,056,000 |
$136,000 | $650,000 |
$64,000 | $289,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $650,000 |
$650,000 | $650,000 |
$150,000 | $150,000 |
| Black or African American |
43 | $4,088,000 |
$95,000 | $295,000 |
$62,000 | $296,000 |
| Hispanic |
4 | $461,000 |
$115,000 | $241,000 |
$53,000 | $73,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $446,000 |
$148,000 | $182,000 |
$138,000 | $187,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
184 | $26,016,000 |
$141,000 | $563,000 |
$69,000 | $289,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
235 | $31,661,000 |
$134,000 | $650,000 |
$69,000 | $296,000 |
| 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 |
11 | $2,366,000 |
$215,000 | $650,000 |
$70,000 | $150,000 |
| Application Denied By Financial Institution |
43 | $4,675,000 |
$108,000 | $400,000 |
$55,000 | $189,000 |
| Application Withdrawn By Applicant |
38 | $4,303,000 |
$113,000 | $350,000 |
$62,000 | $296,000 |
| File Closed For Incompleteness |
3 | $457,000 |
$152,000 | $248,000 |
$53,000 | $94,000 |
| Loan Originated |
140 | $19,860,000 |
$141,000 | $563,000 |
$75,000 | $187,000 |
| 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 |
6 | $1,017,000 |
$169,000 | $400,000 |
$91,000 | $189,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
28 | $2,454,000 |
$87,000 | $178,000 |
$46,000 | $90,000 |
| Debt-To-Income Ratio |
7 | $879,000 |
$125,000 | $270,000 |
$62,000 | $95,000 |
| 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 |
2 | $325,000 |
$162,000 | $182,000 |
$48,000 | $55,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NEW REPUBLIC SAVINGS BANK by:
Metropolitan Area And
County
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