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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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RACCOON VALLEY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
RACCOON VALLEY BANK |
| Address | 1202 SECOND STREET
PERRY, IA 50220 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 147 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,250,000 |
| Average Mortgage Loan Amount Applied For | $81,222 |
| Highest Mortgage Loan Amount Applied For | $309,000 |
| Average Applicant Income | $60,555 |
| Highest Applicant Income | $304,000 |
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| Home Improvement |
39 | $631,000 |
$16,000 | $78,000 |
$62,000 | $304,000 |
| Home Purchase |
33 | $2,569,000 |
$77,000 | $179,000 |
$62,000 | $218,000 |
| Refinancing |
75 | $5,050,000 |
$67,000 | $309,000 |
$58,000 | $281,000 |
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| American Indian or Alaskan Native |
1 | $5,000 |
$5,000 | $5,000 |
$65,000 | $65,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $40,000 |
$40,000 | $40,000 |
$17,000 | $17,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $480,000 |
$68,000 | $309,000 |
$26,000 | $119,000 |
| Not Provided |
8 | $666,000 |
$83,000 | $203,000 |
$104,000 | $281,000 |
| White |
130 | $7,059,000 |
$54,000 | $308,000 |
$59,000 | $304,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
147 | $8,250,000 |
$56,000 | $309,000 |
$60,000 | $304,000 |
| 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 | $40,000 |
$40,000 | $40,000 |
$17,000 | $17,000 |
| Application Denied By Financial Institution |
16 | $1,106,000 |
$69,000 | $203,000 |
$42,000 | $91,000 |
| Application Withdrawn By Applicant |
1 | $49,000 |
$49,000 | $49,000 |
$51,000 | $51,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
129 | $7,055,000 |
$54,000 | $309,000 |
$62,000 | $304,000 |
| 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 |
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 |
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Mortgage Loan App Totals for RACCOON VALLEY BANK by:
Metropolitan Area And
County
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