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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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PRIMETRUST BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PRIMETRUST BANK |
| Address | 7639 HWY 70 S
NASHVILLE, TN 37221 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 634 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $111,565,000 |
| Average Mortgage Loan Amount Applied For | $240,750 |
| Highest Mortgage Loan Amount Applied For | $2,450,000 |
| Average Applicant Income | $117,107 |
| Highest Applicant Income | $4,106,000 |
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| Home Improvement |
27 | $1,657,000 |
$61,000 | $240,000 |
$62,000 | $296,000 |
| Home Purchase |
413 | $73,819,000 |
$178,000 | $1,500,000 |
$81,000 | $850,000 |
| Refinancing |
194 | $36,089,000 |
$186,000 | $2,450,000 |
$87,000 | $4,106,000 |
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| American Indian or Alaskan Native |
1 | $385,000 |
$385,000 | $385,000 |
$159,000 | $159,000 |
| Asian |
22 | $3,958,000 |
$179,000 | $549,000 |
$75,000 | $218,000 |
| Black or African American |
17 | $1,985,000 |
$116,000 | $211,000 |
$42,000 | $108,000 |
| Hispanic |
5 | $1,147,000 |
$229,000 | $450,000 |
$93,000 | $162,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
70 | $12,950,000 |
$185,000 | $1,750,000 |
$0 | $0 |
| Not Provided |
2 | $188,000 |
$94,000 | $138,000 |
$398,000 | $766,000 |
| White |
517 | $90,952,000 |
$175,000 | $2,450,000 |
$93,000 | $4,106,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
530 | $96,365,000 |
$181,000 | $2,450,000 |
$87,000 | $4,106,000 |
| FHA-insured (Federal Housing Administration) |
89 | $12,656,000 |
$142,000 | $224,000 |
$56,000 | $135,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
15 | $2,544,000 |
$169,000 | $284,000 |
$59,000 | $95,000 |
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| Application Approved But Not Accepted |
88 | $18,068,000 |
$205,000 | $1,500,000 |
$81,000 | $404,000 |
| Application Denied By Financial Institution |
25 | $3,670,000 |
$146,000 | $549,000 |
$48,000 | $177,000 |
| Application Withdrawn By Applicant |
15 | $4,490,000 |
$299,000 | $1,500,000 |
$125,000 | $850,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
458 | $81,976,000 |
$178,000 | $2,450,000 |
$91,000 | $4,106,000 |
| Loan Purchased By The Institution |
48 | $3,361,000 |
$70,000 | $752,000 |
$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 |
2 | $192,000 |
$96,000 | $110,000 |
$15,000 | $30,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $890,000 |
$222,000 | $290,000 |
$109,000 | $177,000 |
| Debt-To-Income Ratio |
7 | $1,488,000 |
$212,000 | $549,000 |
$38,000 | $90,000 |
| Employment History |
1 | $276,000 |
$276,000 | $276,000 |
$63,000 | $63,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $293,000 |
$97,000 | $117,000 |
$51,000 | $72,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PRIMETRUST BANK by:
Metropolitan Area And
County
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