|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SECURITY FIRST BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SECURITY FIRST BANK |
| Address | 1935 SAMCO ROAD SUITE 103
RAPID CITY, SD 57702 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 926 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $90,450,000 |
| Average Mortgage Loan Amount Applied For | $121,214 |
| Highest Mortgage Loan Amount Applied For | $459,000 |
| Average Applicant Income | $65,271 |
| Highest Applicant Income | $521,000 |
|
|
|
| Home Improvement |
48 | $1,096,000 |
$22,000 | $183,000 |
$52,000 | $193,000 |
| Home Purchase |
482 | $46,603,000 |
$96,000 | $459,000 |
$68,000 | $378,000 |
| Refinancing |
401 | $43,338,000 |
$108,000 | $417,000 |
$76,000 | $521,000 |
|
|
| American Indian or Alaskan Native |
35 | $733,000 |
$20,000 | $158,000 |
$40,000 | $105,000 |
| Asian |
8 | $1,136,000 |
$142,000 | $370,000 |
$87,000 | $153,000 |
| Black or African American |
4 | $720,000 |
$180,000 | $366,000 |
$54,000 | $80,000 |
| Hispanic |
27 | $2,172,000 |
$80,000 | $220,000 |
$72,000 | $259,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,060,000 |
$176,000 | $366,000 |
$83,000 | $94,000 |
| Not applicable |
18 | $2,461,000 |
$136,000 | $308,000 |
$5,000 | $55,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
833 | $82,755,000 |
$99,000 | $459,000 |
$73,000 | $521,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
913 | $87,970,000 |
$96,000 | $459,000 |
$71,000 | $521,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
5 | $755,000 |
$151,000 | $400,000 |
$89,000 | $295,000 |
| VA-guaranteed (Veterans Administration) |
13 | $2,312,000 |
$177,000 | $302,000 |
$65,000 | $189,000 |
|
|
| Application Approved But Not Accepted |
6 | $408,000 |
$68,000 | $167,000 |
$62,000 | $159,000 |
| Application Denied By Financial Institution |
52 | $2,563,000 |
$49,000 | $459,000 |
$35,000 | $77,000 |
| Application Withdrawn By Applicant |
22 | $2,369,000 |
$107,000 | $417,000 |
$93,000 | $300,000 |
| File Closed For Incompleteness |
5 | $332,000 |
$66,000 | $105,000 |
$50,000 | $116,000 |
| Loan Originated |
843 | $84,736,000 |
$100,000 | $430,000 |
$73,000 | $521,000 |
| Loan Purchased By The Institution |
3 | $629,000 |
$209,000 | $278,000 |
$68,000 | $83,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for SECURITY FIRST BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
