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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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OGLETHORPE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
OGLETHORPE BANK |
| Address | 3344 CYPRESS MILL ROAD
BRUNSWICK, GA 31520 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 161 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $22,282,000 |
| Average Mortgage Loan Amount Applied For | $168,909 |
| Highest Mortgage Loan Amount Applied For | $1,560,000 |
| Average Applicant Income | $161,090 |
| Highest Applicant Income | $1,994,000 |
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| Home Improvement |
19 | $981,000 |
$51,000 | $235,000 |
$87,000 | $216,000 |
| Home Purchase |
91 | $13,270,000 |
$145,000 | $1,560,000 |
$105,000 | $1,311,000 |
| Refinancing |
53 | $8,161,000 |
$153,000 | $726,000 |
$127,000 | $1,994,000 |
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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 |
9 | $736,000 |
$81,000 | $253,000 |
$57,000 | $113,000 |
| Hispanic |
2 | $246,000 |
$123,000 | $236,000 |
$142,000 | $245,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
19 | $4,304,000 |
$226,000 | $1,560,000 |
$15,000 | $192,000 |
| Not Provided |
1 | $101,000 |
$101,000 | $101,000 |
$80,000 | $80,000 |
| White |
132 | $17,025,000 |
$128,000 | $975,000 |
$127,000 | $1,994,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
163 | $22,412,000 |
$137,000 | $1,560,000 |
$110,000 | $1,994,000 |
| 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 |
22 | $1,752,000 |
$79,000 | $200,000 |
$28,000 | $84,000 |
| Application Withdrawn By Applicant |
6 | $587,000 |
$97,000 | $320,000 |
$64,000 | $240,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
134 | $20,033,000 |
$149,000 | $1,560,000 |
$126,000 | $1,994,000 |
| 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 |
1 | $40,000 |
$40,000 | $40,000 |
$44,000 | $44,000 |
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| Collateral |
1 | $24,000 |
$24,000 | $24,000 |
$34,000 | $34,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
17 | $1,384,000 |
$81,000 | $200,000 |
$27,000 | $48,000 |
| Debt-To-Income Ratio |
3 | $362,000 |
$120,000 | $172,000 |
$26,000 | $29,000 |
| 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 |
1 | $20,000 |
$20,000 | $20,000 |
$84,000 | $84,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for OGLETHORPE BANK by:
Metropolitan Area And
County
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