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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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ROCKINGHAM HERITAGE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ROCKINGHAM HERITAGE BANK |
| Address | PO BOX 352
HARRISONBURG, VA 22803 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 187 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $28,586,000 |
| Average Mortgage Loan Amount Applied For | $161,200 |
| Highest Mortgage Loan Amount Applied For | $6,135,000 |
| Average Applicant Income | $125,200 |
| Highest Applicant Income | $718,000 |
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| Home Improvement |
48 | $1,632,000 |
$34,000 | $225,000 |
$87,000 | $718,000 |
| Home Purchase |
69 | $18,844,000 |
$273,000 | $6,135,000 |
$78,000 | $581,000 |
| Refinancing |
70 | $8,110,000 |
$115,000 | $681,000 |
$88,000 | $518,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $297,000 |
$148,000 | $282,000 |
$71,000 | $72,000 |
| Black or African American |
2 | $10,000 |
$5,000 | $5,000 |
$50,000 | $50,000 |
| Hispanic |
2 | $159,000 |
$79,000 | $84,000 |
$64,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
46 | $15,165,000 |
$329,000 | $6,135,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
135 | $12,955,000 |
$95,000 | $465,000 |
$114,000 | $718,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
187 | $28,586,000 |
$152,000 | $6,135,000 |
$84,000 | $718,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
18 | $1,508,000 |
$83,000 | $282,000 |
$46,000 | $141,000 |
| Application Withdrawn By Applicant |
4 | $185,000 |
$46,000 | $120,000 |
$102,000 | $251,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
165 | $26,893,000 |
$162,000 | $6,135,000 |
$88,000 | $718,000 |
| 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 |
2 | $287,000 |
$143,000 | $282,000 |
$57,000 | $71,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $232,000 |
$33,000 | $150,000 |
$54,000 | $141,000 |
| Debt-To-Income Ratio |
8 | $979,000 |
$122,000 | $260,000 |
$36,000 | $79,000 |
| Employment History |
1 | $10,000 |
$10,000 | $10,000 |
$52,000 | $52,000 |
| 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 ROCKINGHAM HERITAGE BANK by:
Metropolitan Area And
County
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