|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SANDHILLS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SANDHILLS BANK |
| Address | 1020 HIGHWAY 17 NORTH
NORTH MYRTLE BEACH, SC 29582 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 368 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $95,938,000 |
| Average Mortgage Loan Amount Applied For | $290,754 |
| Highest Mortgage Loan Amount Applied For | $4,590,000 |
| Average Applicant Income | $89,962 |
| Highest Applicant Income | $569,000 |
|
|
|
| Home Improvement |
6 | $374,000 |
$62,000 | $200,000 |
$37,000 | $96,000 |
| Home Purchase |
170 | $46,208,000 |
$271,000 | $4,590,000 |
$91,000 | $503,000 |
| Refinancing |
192 | $49,356,000 |
$257,000 | $3,300,000 |
$83,000 | $569,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $894,000 |
$298,000 | $500,000 |
$107,000 | $140,000 |
| Black or African American |
38 | $8,014,000 |
$210,000 | $640,000 |
$81,000 | $180,000 |
| Hispanic |
30 | $8,181,000 |
$272,000 | $625,000 |
$96,000 | $244,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
24 | $19,026,000 |
$792,000 | $4,590,000 |
$0 | $0 |
| Not Provided |
29 | $7,456,000 |
$257,000 | $980,000 |
$104,000 | $306,000 |
| White |
244 | $52,367,000 |
$214,000 | $1,290,000 |
$92,000 | $569,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
367 | $95,849,000 |
$261,000 | $4,590,000 |
$86,000 | $569,000 |
| FHA-insured (Federal Housing Administration) |
1 | $89,000 |
$89,000 | $89,000 |
$22,000 | $22,000 |
| 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 | $25,000 |
$25,000 | $25,000 |
$60,000 | $60,000 |
| Application Denied By Financial Institution |
6 | $777,000 |
$129,000 | $200,000 |
$45,000 | $96,000 |
| Application Withdrawn By Applicant |
55 | $12,531,000 |
$227,000 | $980,000 |
$117,000 | $503,000 |
| File Closed For Incompleteness |
2 | $146,000 |
$73,000 | $78,000 |
$45,000 | $45,000 |
| Loan Originated |
304 | $82,459,000 |
$271,000 | $4,590,000 |
$82,000 | $569,000 |
| 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 |
1 | $70,000 |
$70,000 | $70,000 |
$11,000 | $11,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $238,000 |
$119,000 | $125,000 |
$39,000 | $79,000 |
| Debt-To-Income Ratio |
1 | $112,000 |
$112,000 | $112,000 |
$84,000 | $84,000 |
| Employment History |
1 | $200,000 |
$200,000 | $200,000 |
$96,000 | $96,000 |
| 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 |
|
Mortgage Loan App Totals for SANDHILLS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
