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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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SECURITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SECURITY BANK |
| Address | 100 N PHILLIPS AVE
SIOUX FALLS, SD 57104 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 258 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $14,438,000 |
| Average Mortgage Loan Amount Applied For | $62,062 |
| Highest Mortgage Loan Amount Applied For | $932,000 |
| Average Applicant Income | $85,312 |
| Highest Applicant Income | $444,000 |
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| Home Improvement |
78 | $1,652,000 |
$21,000 | $94,000 |
$59,000 | $225,000 |
| Home Purchase |
78 | $8,124,000 |
$92,500 | $932,000 |
$100,000 | $444,000 |
| Refinancing |
102 | $4,662,000 |
$45,500 | $346,000 |
$120,000 | $429,000 |
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| American Indian or Alaskan Native |
1 | $64,000 |
$64,000 | $64,000 |
$96,000 | $96,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $5,000 |
$5,000 | $5,000 |
$56,000 | $56,000 |
| Hispanic |
2 | $28,000 |
$14,000 | $15,000 |
$55,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $5,000 |
$5,000 | $5,000 |
$70,000 | $70,000 |
| Not applicable |
1 | $112,000 |
$112,000 | $112,000 |
$101,000 | $101,000 |
| Not Provided |
4 | $126,000 |
$31,000 | $94,000 |
$91,000 | $225,000 |
| White |
248 | $14,098,000 |
$61,000 | $932,000 |
$107,333 | $444,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
258 | $14,438,000 |
$60,666 | $932,000 |
$107,333 | $444,000 |
| 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 |
14 | $380,000 |
$27,000 | $185,000 |
$41,000 | $89,000 |
| Application Withdrawn By Applicant |
6 | $152,000 |
$25,000 | $94,000 |
$87,000 | $225,000 |
| File Closed For Incompleteness |
1 | $90,000 |
$90,000 | $90,000 |
$55,000 | $55,000 |
| Loan Originated |
181 | $7,949,000 |
$43,000 | $328,000 |
$86,000 | $444,000 |
| Loan Purchased By The Institution |
56 | $5,867,000 |
$78,000 | $932,000 |
$116,000 | $375,000 |
| 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 |
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 |
6 | $135,000 |
$22,000 | $70,000 |
$49,000 | $89,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SECURITY BANK by:
Metropolitan Area And
County
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