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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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SABINE STATE BANK & TRUST CO.
Mortgage Loans and Application Details
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| Mortgage Company Name |
SABINE STATE BANK & TRUST CO. |
| Address | 765 SHREVEPORT HWY
MANY, LA 71449 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 873 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $74,769,000 |
| Average Mortgage Loan Amount Applied For | $117,355 |
| Highest Mortgage Loan Amount Applied For | $820,000 |
| Average Applicant Income | $101,355 |
| Highest Applicant Income | $4,165,000 |
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| Home Improvement |
113 | $2,473,000 |
$21,000 | $220,000 |
$46,000 | $181,000 |
| Home Purchase |
498 | $46,760,000 |
$93,000 | $820,000 |
$78,000 | $4,165,000 |
| Refinancing |
262 | $25,536,000 |
$97,000 | $538,000 |
$70,000 | $1,200,000 |
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| American Indian or Alaskan Native |
21 | $1,034,000 |
$49,000 | $177,000 |
$57,000 | $493,000 |
| Asian |
7 | $727,000 |
$103,000 | $160,000 |
$99,000 | $181,000 |
| Black or African American |
64 | $5,023,000 |
$78,000 | $500,000 |
$43,000 | $196,000 |
| Hispanic |
9 | $596,000 |
$66,000 | $130,000 |
$51,000 | $106,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $195,000 |
$97,000 | $130,000 |
$185,000 | $336,000 |
| Not applicable |
1 | $10,000 |
$10,000 | $10,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
769 | $67,184,000 |
$87,000 | $820,000 |
$74,000 | $4,165,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
800 | $67,320,000 |
$84,000 | $820,000 |
$74,000 | $4,165,000 |
| FHA-insured (Federal Housing Administration) |
5 | $416,000 |
$83,000 | $99,000 |
$50,000 | $91,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
52 | $5,250,000 |
$100,000 | $240,000 |
$44,000 | $72,000 |
| VA-guaranteed (Veterans Administration) |
16 | $1,783,000 |
$111,000 | $181,000 |
$54,000 | $104,000 |
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| Application Approved But Not Accepted |
25 | $2,173,000 |
$86,000 | $266,000 |
$67,000 | $185,000 |
| Application Denied By Financial Institution |
116 | $7,615,000 |
$65,000 | $500,000 |
$41,000 | $202,000 |
| Application Withdrawn By Applicant |
25 | $2,229,000 |
$89,000 | $255,000 |
$57,000 | $150,000 |
| File Closed For Incompleteness |
3 | $242,000 |
$80,000 | $100,000 |
$53,000 | $80,000 |
| Loan Originated |
704 | $62,510,000 |
$88,000 | $820,000 |
$77,000 | $4,165,000 |
| 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 |
6 | $586,000 |
$97,000 | $320,000 |
$71,000 | $202,000 |
| Credit Application Incomplete |
2 | $341,000 |
$170,000 | $206,000 |
$77,000 | $94,000 |
| Credit History |
72 | $3,268,000 |
$45,000 | $190,000 |
$40,000 | $135,000 |
| Debt-To-Income Ratio |
23 | $2,453,000 |
$106,000 | $500,000 |
$33,000 | $72,000 |
| Employment History |
7 | $447,000 |
$63,000 | $375,000 |
$47,000 | $176,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $136,000 |
$136,000 | $136,000 |
$49,000 | $49,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $290,000 |
$96,000 | $143,000 |
$51,000 | $75,000 |
| Unverifiable Information |
2 | $94,000 |
$47,000 | $59,000 |
$26,000 | $30,000 |
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Mortgage Loan App Totals for SABINE STATE BANK & TRUST CO. by:
Metropolitan Area And
County
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