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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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PEOPLES BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PEOPLES BANK |
| Address | 160 EAST MAUDE AVE.
MENDENHALL, MS 39114 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 256 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,831,000 |
| Average Mortgage Loan Amount Applied For | $94,266 |
| Highest Mortgage Loan Amount Applied For | $1,983,000 |
| Average Applicant Income | $77,866 |
| Highest Applicant Income | $350,000 |
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| Home Improvement |
80 | $1,590,000 |
$19,000 | $120,000 |
$50,000 | $268,000 |
| Home Purchase |
82 | $3,725,000 |
$45,000 | $247,000 |
$63,000 | $242,000 |
| Refinancing |
94 | $6,516,000 |
$69,000 | $1,983,000 |
$71,000 | $350,000 |
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| American Indian or Alaskan Native |
1 | $5,000 |
$5,000 | $5,000 |
$36,000 | $36,000 |
| Asian |
1 | $1,000 |
$1,000 | $1,000 |
$16,000 | $16,000 |
| Black or African American |
93 | $1,975,000 |
$21,000 | $150,000 |
$41,000 | $251,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $3,018,000 |
$431,000 | $1,983,000 |
$53,000 | $280,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
154 | $6,832,000 |
$44,000 | $263,000 |
$76,000 | $350,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
255 | $11,827,000 |
$46,000 | $1,983,000 |
$62,000 | $350,000 |
| FHA-insured (Federal Housing Administration) |
1 | $4,000 |
$4,000 | $4,000 |
$27,000 | $27,000 |
| 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 |
3 | $207,000 |
$69,000 | $96,000 |
$59,000 | $82,000 |
| Application Denied By Financial Institution |
47 | $1,465,000 |
$31,000 | $150,000 |
$44,000 | $251,000 |
| Application Withdrawn By Applicant |
1 | $150,000 |
$150,000 | $150,000 |
$30,000 | $30,000 |
| File Closed For Incompleteness |
1 | $3,000 |
$3,000 | $3,000 |
$9,000 | $9,000 |
| Loan Originated |
204 | $10,006,000 |
$49,000 | $1,983,000 |
$67,000 | $350,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $240,000 |
$48,000 | $120,000 |
$62,000 | $99,000 |
| Debt-To-Income Ratio |
1 | $20,000 |
$20,000 | $20,000 |
$18,000 | $18,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PEOPLES BANK by:
Metropolitan Area And
County
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