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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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PARKWAY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PARKWAY BANK |
| Address | P.O. BOX 560
MONTICELLO, AR 71657 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 183 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $24,347,000 |
| Average Mortgage Loan Amount Applied For | $108,200 |
| Highest Mortgage Loan Amount Applied For | $548,000 |
| Average Applicant Income | $59,000 |
| Highest Applicant Income | $328,000 |
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| Home Improvement |
17 | $428,000 |
$25,000 | $104,000 |
$51,000 | $110,000 |
| Home Purchase |
154 | $17,249,000 |
$112,000 | $520,000 |
$56,000 | $229,000 |
| Refinancing |
87 | $9,951,000 |
$114,000 | $548,000 |
$83,000 | $328,000 |
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| American Indian or Alaskan Native |
3 | $404,000 |
$134,000 | $175,000 |
$54,000 | $103,000 |
| Asian |
1 | $61,000 |
$61,000 | $61,000 |
$86,000 | $86,000 |
| Black or African American |
11 | $488,000 |
$44,000 | $140,000 |
$34,000 | $74,000 |
| Hispanic |
10 | $1,200,000 |
$120,000 | $408,000 |
$62,000 | $117,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $70,000 |
$70,000 | $70,000 |
$181,000 | $181,000 |
| Not applicable |
9 | $1,519,000 |
$168,000 | $265,000 |
$70,000 | $171,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
223 | $23,886,000 |
$107,000 | $548,000 |
$66,000 | $328,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
256 | $27,252,000 |
$106,000 | $548,000 |
$64,000 | $328,000 |
| FHA-insured (Federal Housing Administration) |
1 | $142,000 |
$142,000 | $142,000 |
$65,000 | $65,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $234,000 |
$234,000 | $234,000 |
$110,000 | $110,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
41 | $2,660,000 |
$64,000 | $243,000 |
$32,000 | $104,000 |
| Application Withdrawn By Applicant |
16 | $1,437,000 |
$89,000 | $417,000 |
$63,000 | $181,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
201 | $23,531,000 |
$117,000 | $548,000 |
$71,000 | $328,000 |
| 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 |
4 | $382,000 |
$95,000 | $243,000 |
$53,000 | $84,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
31 | $1,650,000 |
$53,000 | $145,000 |
$28,000 | $79,000 |
| Debt-To-Income Ratio |
4 | $398,000 |
$99,000 | $167,000 |
$53,000 | $104,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $230,000 |
$115,000 | $225,000 |
$14,000 | $20,000 |
| 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 PARKWAY BANK by:
Metropolitan Area And
County
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