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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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SEA ISLAND BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SEA ISLAND BANK |
| Address | PO BOX 568
STATESBORO, GA 30459 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 233 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $35,003,000 |
| Average Mortgage Loan Amount Applied For | $256,600 |
| Highest Mortgage Loan Amount Applied For | $6,053,000 |
| Average Applicant Income | $84,350 |
| Highest Applicant Income | $830,000 |
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| Home Improvement |
39 | $4,502,000 |
$115,000 | $2,321,000 |
$64,000 | $225,000 |
| Home Purchase |
137 | $18,532,000 |
$135,000 | $1,501,000 |
$59,000 | $600,000 |
| Refinancing |
57 | $11,969,000 |
$209,000 | $6,053,000 |
$66,000 | $830,000 |
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| American Indian or Alaskan Native |
1 | $150,000 |
$150,000 | $150,000 |
$79,000 | $79,000 |
| Asian |
2 | $220,000 |
$110,000 | $110,000 |
$89,000 | $179,000 |
| Black or African American |
18 | $950,000 |
$52,000 | $289,000 |
$35,000 | $120,000 |
| Hispanic |
5 | $123,000 |
$24,000 | $36,000 |
$112,000 | $501,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
24 | $3,318,000 |
$138,000 | $766,000 |
$9,000 | $120,000 |
| Not Provided |
1 | $49,000 |
$49,000 | $49,000 |
$17,000 | $17,000 |
| White |
182 | $30,193,000 |
$165,000 | $6,053,000 |
$70,000 | $830,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
233 | $35,003,000 |
$150,000 | $6,053,000 |
$61,000 | $830,000 |
| 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 |
12 | $712,000 |
$59,000 | $289,000 |
$34,000 | $115,000 |
| Application Withdrawn By Applicant |
1 | $30,000 |
$30,000 | $30,000 |
$24,000 | $24,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
220 | $34,261,000 |
$155,000 | $6,053,000 |
$63,000 | $830,000 |
| 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 |
1 | $65,000 |
$65,000 | $65,000 |
$26,000 | $26,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $298,000 |
$33,000 | $100,000 |
$27,000 | $69,000 |
| Debt-To-Income Ratio |
2 | $349,000 |
$174,000 | $289,000 |
$70,000 | $115,000 |
| 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 |
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Mortgage Loan App Totals for SEA ISLAND BANK by:
Metropolitan Area And
County
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