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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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PLANTERS BANK & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
PLANTERS BANK & TRUST COMPANY |
| Address | 24 SOUTH AUGUSTA STREET
STAUNTON, VA 24402 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,069 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $154,597,000 |
| Average Mortgage Loan Amount Applied For | $174,333 |
| Highest Mortgage Loan Amount Applied For | $2,350,000 |
| Average Applicant Income | $90,843 |
| Highest Applicant Income | $1,229,000 |
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| Home Improvement |
99 | $6,504,000 |
$65,000 | $417,000 |
$49,000 | $197,000 |
| Home Purchase |
465 | $78,227,000 |
$168,000 | $2,350,000 |
$81,000 | $1,229,000 |
| Refinancing |
505 | $69,866,000 |
$138,000 | $1,200,000 |
$66,000 | $504,000 |
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| American Indian or Alaskan Native |
2 | $252,000 |
$126,000 | $162,000 |
$33,000 | $37,000 |
| Asian |
9 | $1,800,000 |
$200,000 | $410,000 |
$77,000 | $140,000 |
| Black or African American |
25 | $2,498,000 |
$99,000 | $265,000 |
$46,000 | $104,000 |
| Hispanic |
15 | $1,957,000 |
$130,000 | $400,000 |
$70,000 | $143,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $10,000 |
$10,000 | $10,000 |
$6,000 | $6,000 |
| Not applicable |
44 | $9,837,000 |
$223,000 | $2,350,000 |
$4,000 | $141,000 |
| Not Provided |
23 | $3,094,000 |
$134,000 | $243,000 |
$51,000 | $145,000 |
| White |
950 | $135,149,000 |
$142,000 | $1,344,000 |
$75,000 | $1,229,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,021 | $147,916,000 |
$144,000 | $2,350,000 |
$72,000 | $1,229,000 |
| FHA-insured (Federal Housing Administration) |
34 | $4,433,000 |
$130,000 | $203,000 |
$55,000 | $144,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $154,000 |
$154,000 | $154,000 |
$29,000 | $29,000 |
| VA-guaranteed (Veterans Administration) |
13 | $2,094,000 |
$161,000 | $284,000 |
$67,000 | $261,000 |
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| Application Approved But Not Accepted |
71 | $12,593,000 |
$177,000 | $575,000 |
$69,000 | $261,000 |
| Application Denied By Financial Institution |
39 | $3,122,000 |
$80,000 | $368,000 |
$34,000 | $96,000 |
| Application Withdrawn By Applicant |
88 | $15,184,000 |
$172,000 | $1,200,000 |
$71,000 | $960,000 |
| File Closed For Incompleteness |
11 | $1,746,000 |
$158,000 | $351,000 |
$37,000 | $129,000 |
| Loan Originated |
860 | $121,952,000 |
$141,000 | $2,350,000 |
$73,000 | $1,229,000 |
| 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 |
3 | $202,000 |
$67,000 | $114,000 |
$40,000 | $48,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
30 | $2,168,000 |
$72,000 | $368,000 |
$30,000 | $75,000 |
| Debt-To-Income Ratio |
2 | $316,000 |
$158,000 | $181,000 |
$72,000 | $96,000 |
| Employment History |
2 | $198,000 |
$99,000 | $102,000 |
$41,000 | $43,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $153,000 |
$153,000 | $153,000 |
$45,000 | $45,000 |
| 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 PLANTERS BANK & TRUST COMPANY by:
Metropolitan Area And
County
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