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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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RED RIVER BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
RED RIVER BANK |
| Address | 1412 CENTER COURT
ALEXANDRIA, LA 71301 |
| Agency | Federal Reserve System (FRS) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 766 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $46,806,000 |
| Average Mortgage Loan Amount Applied For | $71,034 |
| Highest Mortgage Loan Amount Applied For | $1,050,000 |
| Average Applicant Income | $108,344 |
| Highest Applicant Income | $2,187,000 |
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| Home Improvement |
174 | $7,465,000 |
$122,000 | $450,000 |
$357,666 | $970,000 |
| Home Purchase |
326 | $21,347,000 |
$94,600 | $1,050,000 |
$77,200 | $646,000 |
| Refinancing |
269 | $18,059,000 |
$82,000 | $899,000 |
$54,000 | $2,187,000 |
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| American Indian or Alaskan Native |
5 | $139,000 |
$27,000 | $55,000 |
$29,000 | $47,000 |
| Asian |
10 | $1,320,000 |
$132,000 | $389,000 |
$131,000 | $405,000 |
| Black or African American |
38 | $603,000 |
$15,000 | $71,000 |
$45,000 | $186,000 |
| Hispanic |
24 | $1,272,000 |
$53,000 | $178,000 |
$66,000 | $646,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
106 | $6,163,000 |
$77,000 | $490,000 |
$0 | $50,000 |
| Not Provided |
10 | $310,000 |
$31,000 | $93,000 |
$32,000 | $94,000 |
| White |
576 | $37,064,000 |
$128,666 | $1,050,000 |
$221,000 | $2,187,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
769 | $46,871,000 |
$126,500 | $1,050,000 |
$216,000 | $2,187,000 |
| 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 |
9 | $692,000 |
$76,000 | $210,000 |
$44,000 | $97,000 |
| Application Denied By Financial Institution |
85 | $2,121,000 |
$24,000 | $100,000 |
$30,000 | $93,000 |
| Application Withdrawn By Applicant |
7 | $327,000 |
$46,000 | $125,000 |
$64,000 | $130,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
668 | $43,731,000 |
$127,166 | $1,050,000 |
$221,166 | $2,187,000 |
| 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 |
3 | $68,000 |
$22,000 | $34,000 |
$30,000 | $36,000 |
| 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 RED RIVER BANK by:
Metropolitan Area And
County
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