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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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PLANTATION FEDERAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PLANTATION FEDERAL BANK |
| Address | P O BOX 3848
PAWLEYS ISLAND, SC 29585 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 267 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $64,012,000 |
| Average Mortgage Loan Amount Applied For | $185,000 |
| Highest Mortgage Loan Amount Applied For | $1,600,000 |
| Average Applicant Income | $150,444 |
| Highest Applicant Income | $2,076,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
186 | $49,018,000 |
$263,000 | $1,600,000 |
$154,000 | $2,076,000 |
| Refinancing |
81 | $14,994,000 |
$185,000 | $1,350,000 |
$120,000 | $1,163,000 |
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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 |
3 | $290,000 |
$96,000 | $176,000 |
$28,000 | $46,000 |
| Hispanic |
3 | $477,000 |
$159,000 | $200,000 |
$218,000 | $312,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $964,000 |
$160,000 | $255,000 |
$125,000 | $252,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
255 | $62,281,000 |
$244,000 | $1,600,000 |
$145,000 | $2,076,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
267 | $64,012,000 |
$239,000 | $1,600,000 |
$144,000 | $2,076,000 |
| 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 |
1 | $160,000 |
$160,000 | $160,000 |
$57,000 | $57,000 |
| Application Denied By Financial Institution |
15 | $3,078,000 |
$205,000 | $417,000 |
$71,000 | $222,000 |
| Application Withdrawn By Applicant |
15 | $4,595,000 |
$306,000 | $960,000 |
$102,000 | $323,000 |
| File Closed For Incompleteness |
2 | $357,000 |
$178,000 | $214,000 |
$48,000 | $56,000 |
| Loan Originated |
234 | $55,822,000 |
$238,000 | $1,600,000 |
$152,000 | $2,076,000 |
| 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 | $1,171,000 |
$234,000 | $417,000 |
$80,000 | $222,000 |
| Debt-To-Income Ratio |
7 | $1,292,000 |
$184,000 | $417,000 |
$43,000 | $105,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $125,000 |
$125,000 | $125,000 |
$50,000 | $50,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $490,000 |
$245,000 | $362,000 |
$154,000 | $205,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PLANTATION FEDERAL BANK by:
Metropolitan Area And
County
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