|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
PREMIER BANK OF THE SOUTH
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
PREMIER BANK OF THE SOUTH |
| Address | 101 1ST AVE NW
CULLMAN, AL 35055 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 98 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,651,000 |
| Average Mortgage Loan Amount Applied For | $73,090 |
| Highest Mortgage Loan Amount Applied For | $271,000 |
| Average Applicant Income | $57,181 |
| Highest Applicant Income | $268,000 |
|
|
|
| Home Improvement |
34 | $747,000 |
$21,000 | $161,000 |
$44,000 | $96,000 |
| Home Purchase |
24 | $1,375,000 |
$57,000 | $270,000 |
$54,000 | $240,000 |
| Refinancing |
40 | $2,529,000 |
$63,000 | $271,000 |
$60,000 | $268,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $4,000 |
$4,000 | $4,000 |
$75,000 | $75,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $129,000 |
$129,000 | $129,000 |
$68,000 | $68,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
96 | $4,518,000 |
$47,000 | $271,000 |
$53,000 | $268,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
98 | $4,651,000 |
$47,000 | $271,000 |
$53,000 | $268,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
8 | $379,000 |
$47,000 | $161,000 |
$35,000 | $80,000 |
| Application Withdrawn By Applicant |
1 | $65,000 |
$65,000 | $65,000 |
$28,000 | $28,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
89 | $4,207,000 |
$47,000 | $271,000 |
$55,000 | $268,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
|
Mortgage Loan App Totals for PREMIER BANK OF THE SOUTH by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
