|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
RURAL AMERICAN BANK - BRAHAM
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
RURAL AMERICAN BANK - BRAHAM |
| Address | 121 SOUTH MAIN STREET PO BOX 9
BRAHAM, MN 55006 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 54 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,298,000 |
| Average Mortgage Loan Amount Applied For | $79,500 |
| Highest Mortgage Loan Amount Applied For | $319,000 |
| Average Applicant Income | $45,250 |
| Highest Applicant Income | $172,000 |
|
|
|
| Home Improvement |
20 | $559,000 |
$27,000 | $88,000 |
$44,000 | $84,000 |
| Home Purchase |
8 | $1,130,000 |
$141,000 | $306,000 |
$65,000 | $172,000 |
| Refinancing |
26 | $2,609,000 |
$100,000 | $319,000 |
$42,000 | $96,000 |
|
|
| American Indian or Alaskan Native |
1 | $18,000 |
$18,000 | $18,000 |
$54,000 | $54,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
53 | $4,280,000 |
$80,000 | $319,000 |
$46,000 | $172,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
54 | $4,298,000 |
$79,000 | $319,000 |
$46,000 | $172,000 |
| 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 |
1 | $115,000 |
$115,000 | $115,000 |
$51,000 | $51,000 |
| Application Denied By Financial Institution |
12 | $1,636,000 |
$136,000 | $319,000 |
$38,000 | $77,000 |
| Application Withdrawn By Applicant |
1 | $10,000 |
$10,000 | $10,000 |
$59,000 | $59,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
40 | $2,537,000 |
$63,000 | $212,000 |
$47,000 | $172,000 |
| 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 |
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 |
|
Mortgage Loan App Totals for RURAL AMERICAN BANK - BRAHAM by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
