|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
REGIONAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
REGIONAL BANK |
| Address | 100 E SPRING ST, PO BOX 1207
NEW ALBANY, IN 47151 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 252 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $25,657,000 |
| Average Mortgage Loan Amount Applied For | $104,461 |
| Highest Mortgage Loan Amount Applied For | $340,000 |
| Average Applicant Income | $56,076 |
| Highest Applicant Income | $275,000 |
|
|
|
| Home Improvement |
2 | $66,000 |
$33,000 | $40,000 |
$38,000 | $57,000 |
| Home Purchase |
82 | $8,631,000 |
$127,500 | $300,000 |
$70,000 | $275,000 |
| Refinancing |
168 | $16,960,000 |
$100,000 | $340,000 |
$49,500 | $240,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $123,000 |
$123,000 | $123,000 |
$74,000 | $74,000 |
| Black or African American |
4 | $254,000 |
$50,000 | $108,000 |
$60,500 | $102,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2 | $223,000 |
$111,500 | $165,000 |
$98,500 | $100,000 |
| White |
245 | $25,057,000 |
$117,500 | $340,000 |
$55,500 | $275,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
252 | $25,657,000 |
$114,500 | $340,000 |
$58,500 | $275,000 |
| 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 |
6 | $555,000 |
$92,000 | $130,000 |
$62,000 | $108,000 |
| Application Denied By Financial Institution |
13 | $1,088,000 |
$108,000 | $148,000 |
$39,500 | $78,000 |
| Application Withdrawn By Applicant |
9 | $761,000 |
$119,500 | $188,000 |
$68,000 | $100,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
224 | $23,253,000 |
$113,000 | $340,000 |
$62,000 | $275,000 |
| 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 |
2 | $186,000 |
$93,000 | $96,000 |
$28,000 | $30,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $380,000 |
$103,000 | $148,000 |
$45,500 | $78,000 |
| Debt-To-Income Ratio |
5 | $437,000 |
$107,000 | $140,000 |
$36,500 | $47,000 |
| 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 REGIONAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
