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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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RUTHERFORD BANK & TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
RUTHERFORD BANK & TRUST |
| Address | 372 W. NORTHFIELD BLVD.
MURFREESBORO, TN 37129 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 49 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,090,000 |
| Average Mortgage Loan Amount Applied For | $83,000 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $104,000 |
| Highest Applicant Income | $344,000 |
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| Home Improvement (one-to-four family) |
11 | $215,000 |
$16,500 | $51,000 |
$61,500 | $121,000 |
| Home Purchase (one-to-four family) |
18 | $1,588,000 |
$87,500 | $230,000 |
$178,500 | $808,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
40 | $3,889,000 |
$91,500 | $600,000 |
$153,000 | $344,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black |
10 | $326,000 |
$32,000 | $57,000 |
$119,000 | $119,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Information not provided by applicant in mail or telephone application |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $717,000 |
$119,000 | $340,000 |
$336,000 | $808,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
53 | $4,649,000 |
$85,500 | $600,000 |
$75,000 | $320,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
69 | $5,692,000 |
$81,500 | $600,000 |
$131,500 | $808,000 |
| 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 |
8 | $682,000 |
$57,000 | $230,000 |
$35,500 | $121,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
61 | $5,010,000 |
$82,000 | $600,000 |
$162,000 | $808,000 |
| Loan Purchased By The 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 |
4 | $192,000 |
$38,500 | $159,000 |
$45,500 | $121,000 |
| 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 |
3 | $430,000 |
$143,000 | $230,000 |
$58,000 | $95,000 |
| Unverifiable Information |
1 | $60,000 |
$60,000 | $60,000 |
$9,000 | $9,000 |
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Mortgage Loan App Totals for RUTHERFORD BANK & TRUST by:
Metropolitan Area And
County
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