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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 GEORGIA BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTH GEORGIA BANK |
| Address | 7911 MACON HIGHWAY
WATKINSVILLE, GA 30677 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 195 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $29,511,000 |
| Average Mortgage Loan Amount Applied For | $153,666 |
| Highest Mortgage Loan Amount Applied For | $1,486,000 |
| Average Applicant Income | $78,416 |
| Highest Applicant Income | $480,000 |
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| Home Improvement |
1 | $215,000 |
$215,000 | $215,000 |
$0 | $0 |
| Home Purchase |
112 | $15,444,000 |
$137,000 | $560,000 |
$63,000 | $228,000 |
| Refinancing |
82 | $13,852,000 |
$168,000 | $1,486,000 |
$68,000 | $480,000 |
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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 |
8 | $809,000 |
$101,000 | $160,000 |
$56,000 | $107,000 |
| Hispanic |
2 | $246,000 |
$123,000 | $129,000 |
$95,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $292,000 |
$292,000 | $292,000 |
$94,000 | $94,000 |
| Not applicable |
35 | $4,307,000 |
$123,000 | $1,010,000 |
$0 | $0 |
| Not Provided |
7 | $1,800,000 |
$257,000 | $768,000 |
$163,000 | $360,000 |
| White |
142 | $22,057,000 |
$155,000 | $1,486,000 |
$76,000 | $480,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
195 | $29,511,000 |
$151,000 | $1,486,000 |
$65,000 | $480,000 |
| 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 |
5 | $917,000 |
$183,000 | $417,000 |
$127,000 | $272,000 |
| Application Denied By Financial Institution |
17 | $3,277,000 |
$192,000 | $768,000 |
$61,000 | $300,000 |
| Application Withdrawn By Applicant |
9 | $1,348,000 |
$149,000 | $292,000 |
$62,000 | $150,000 |
| File Closed For Incompleteness |
3 | $440,000 |
$146,000 | $200,000 |
$60,000 | $125,000 |
| Loan Originated |
161 | $23,529,000 |
$146,000 | $1,486,000 |
$63,000 | $480,000 |
| 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 | $540,000 |
$270,000 | $300,000 |
$201,000 | $300,000 |
| Credit Application Incomplete |
1 | $114,000 |
$114,000 | $114,000 |
$30,000 | $30,000 |
| Credit History |
10 | $2,067,000 |
$206,000 | $768,000 |
$40,000 | $147,000 |
| Debt-To-Income Ratio |
1 | $100,000 |
$100,000 | $100,000 |
$12,000 | $12,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $200,000 |
$200,000 | $200,000 |
$64,000 | $64,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $160,000 |
$160,000 | $160,000 |
$56,000 | $56,000 |
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Mortgage Loan App Totals for NORTH GEORGIA BANK by:
Metropolitan Area And
County
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