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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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NORTH ALABAMA BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTH ALABAMA BANK |
| Address | PO BOX 669
HAZEL GREEN, AL 35750 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 191 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,508,000 |
| Average Mortgage Loan Amount Applied For | $135,571 |
| Highest Mortgage Loan Amount Applied For | $1,259,000 |
| Average Applicant Income | $71,500 |
| Highest Applicant Income | $1,284,000 |
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| Home Improvement |
8 | $607,000 |
$75,000 | $193,000 |
$59,000 | $144,000 |
| Home Purchase |
39 | $2,669,000 |
$68,000 | $440,000 |
$47,000 | $189,000 |
| Refinancing |
144 | $12,232,000 |
$84,000 | $1,259,000 |
$101,000 | $1,284,000 |
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| American Indian or Alaskan Native |
4 | $136,000 |
$34,000 | $34,000 |
$244,000 | $244,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
10 | $583,000 |
$58,000 | $150,000 |
$80,000 | $134,000 |
| Hispanic |
1 | $14,000 |
$14,000 | $14,000 |
$15,000 | $15,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
24 | $4,332,000 |
$180,000 | $1,259,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
152 | $10,443,000 |
$68,000 | $440,000 |
$99,000 | $1,284,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
190 | $15,489,000 |
$81,000 | $1,259,000 |
$88,000 | $1,284,000 |
| FHA-insured (Federal Housing Administration) |
1 | $19,000 |
$19,000 | $19,000 |
$48,000 | $48,000 |
| 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 |
8 | $416,000 |
$52,000 | $110,000 |
$47,000 | $100,000 |
| Application Withdrawn By Applicant |
2 | $195,000 |
$97,000 | $150,000 |
$68,000 | $123,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
181 | $14,897,000 |
$82,000 | $1,259,000 |
$90,000 | $1,284,000 |
| 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 |
2 | $143,000 |
$71,000 | $110,000 |
$79,000 | $100,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $273,000 |
$45,000 | $89,000 |
$36,000 | $86,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NORTH ALABAMA BANK by:
Metropolitan Area And
County
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