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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 STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SECURITY STATE BANK |
| Address | P O BOX 1467
CHEHALIS, WA 98532 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 145 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,724,000 |
| Average Mortgage Loan Amount Applied For | $173,666 |
| Highest Mortgage Loan Amount Applied For | $1,900,000 |
| Average Applicant Income | $87,111 |
| Highest Applicant Income | $600,000 |
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| Home Improvement |
36 | $1,483,000 |
$41,000 | $183,000 |
$58,000 | $338,000 |
| Home Purchase |
76 | $12,710,000 |
$167,000 | $715,000 |
$86,000 | $529,000 |
| Refinancing |
33 | $7,531,000 |
$228,000 | $1,900,000 |
$85,000 | $600,000 |
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| American Indian or Alaskan Native |
2 | $96,000 |
$48,000 | $65,000 |
$61,000 | $83,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $368,000 |
$368,000 | $368,000 |
$183,000 | $183,000 |
| Hispanic |
5 | $368,000 |
$73,000 | $154,000 |
$48,000 | $76,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $135,000 |
$135,000 | $135,000 |
$55,000 | $55,000 |
| Not applicable |
3 | $375,000 |
$125,000 | $280,000 |
$50,000 | $150,000 |
| Not Provided |
1 | $75,000 |
$75,000 | $75,000 |
$40,000 | $40,000 |
| White |
132 | $20,307,000 |
$153,000 | $1,900,000 |
$80,000 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
144 | $21,664,000 |
$150,000 | $1,900,000 |
$79,000 | $600,000 |
| 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) |
1 | $60,000 |
$60,000 | $60,000 |
$24,000 | $24,000 |
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| Application Approved But Not Accepted |
36 | $9,548,000 |
$265,000 | $1,300,000 |
$109,000 | $384,000 |
| Application Denied By Financial Institution |
26 | $4,319,000 |
$166,000 | $1,900,000 |
$62,000 | $600,000 |
| Application Withdrawn By Applicant |
12 | $1,271,000 |
$105,000 | $360,000 |
$59,000 | $202,000 |
| File Closed For Incompleteness |
2 | $210,000 |
$105,000 | $135,000 |
$56,000 | $73,000 |
| Loan Originated |
69 | $6,376,000 |
$92,000 | $425,000 |
$73,000 | $529,000 |
| 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 |
9 | $700,000 |
$77,000 | $210,000 |
$44,000 | $65,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
8 | $929,000 |
$116,000 | $500,000 |
$45,000 | $148,000 |
| Debt-To-Income Ratio |
9 | $2,690,000 |
$298,000 | $1,900,000 |
$97,000 | $600,000 |
| 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 SECURITY STATE BANK by:
Metropolitan Area And
County
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