|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
REGAL BANK & TRUST
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
REGAL BANK & TRUST |
| Address | 10123 REISTERSTOWN RD
OWINGS MILLS, MD 21117 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 175 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $45,131,000 |
| Average Mortgage Loan Amount Applied For | $404,928 |
| Highest Mortgage Loan Amount Applied For | $5,000,000 |
| Average Applicant Income | $141,571 |
| Highest Applicant Income | $1,440,000 |
|
|
|
| Home Improvement |
16 | $8,030,000 |
$501,000 | $5,000,000 |
$137,000 | $1,440,000 |
| Home Purchase |
57 | $12,127,000 |
$212,000 | $640,000 |
$79,000 | $279,000 |
| Refinancing |
102 | $24,974,000 |
$244,000 | $1,270,000 |
$88,000 | $839,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
20 | $3,604,000 |
$180,000 | $450,000 |
$69,000 | $180,000 |
| Hispanic |
13 | $3,175,000 |
$244,000 | $417,000 |
$84,000 | $167,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $924,000 |
$154,000 | $286,000 |
$0 | $0 |
| Not Provided |
62 | $14,975,000 |
$241,000 | $1,270,000 |
$73,000 | $252,000 |
| White |
74 | $22,453,000 |
$303,000 | $5,000,000 |
$117,000 | $1,440,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
175 | $45,131,000 |
$257,000 | $5,000,000 |
$89,000 | $1,440,000 |
| 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 |
23 | $10,917,000 |
$474,000 | $5,000,000 |
$160,000 | $1,440,000 |
| Application Withdrawn By Applicant |
44 | $10,631,000 |
$241,000 | $700,000 |
$74,000 | $240,000 |
| File Closed For Incompleteness |
36 | $8,800,000 |
$244,000 | $650,000 |
$88,000 | $290,000 |
| Loan Originated |
72 | $14,783,000 |
$205,000 | $417,000 |
$77,000 | $839,000 |
| 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 |
12 | $4,212,000 |
$351,000 | $1,270,000 |
$106,000 | $252,000 |
| Debt-To-Income Ratio |
4 | $672,000 |
$168,000 | $330,000 |
$122,000 | $360,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $295,000 |
$295,000 | $295,000 |
$76,000 | $76,000 |
| Other |
4 | $5,383,000 |
$1,345,000 | $5,000,000 |
$403,000 | $1,440,000 |
| Unverifiable Information |
2 | $355,000 |
$177,000 | $284,000 |
$120,000 | $120,000 |
|
Mortgage Loan App Totals for REGAL BANK & TRUST by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
