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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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SELECT BANK & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
SELECT BANK & TRUST COMPANY |
| Address | 3600 CHARLES BOULEVARD
GREENVILLE, NC 27858 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 79 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,928,000 |
| Average Mortgage Loan Amount Applied For | $223,555 |
| Highest Mortgage Loan Amount Applied For | $748,000 |
| Average Applicant Income | $64,666 |
| Highest Applicant Income | $463,000 |
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| Home Improvement |
16 | $897,000 |
$56,000 | $210,000 |
$55,000 | $256,000 |
| Home Purchase |
57 | $5,968,000 |
$104,000 | $748,000 |
$47,000 | $362,000 |
| Refinancing |
9 | $2,113,000 |
$234,000 | $700,000 |
$80,000 | $463,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
3 | $55,000 |
$18,000 | $30,000 |
$20,000 | $29,000 |
| Hispanic |
2 | $45,000 |
$22,000 | $33,000 |
$77,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
39 | $5,015,000 |
$128,000 | $748,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
38 | $3,863,000 |
$101,000 | $500,000 |
$108,000 | $463,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
82 | $8,978,000 |
$109,000 | $748,000 |
$52,000 | $463,000 |
| 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 |
6 | $300,000 |
$50,000 | $130,000 |
$29,000 | $48,000 |
| Application Withdrawn By Applicant |
1 | $33,000 |
$33,000 | $33,000 |
$77,000 | $77,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
75 | $8,645,000 |
$115,000 | $748,000 |
$54,000 | $463,000 |
| 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 |
2 | $135,000 |
$67,000 | $130,000 |
$32,000 | $35,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
2 | $50,000 |
$25,000 | $30,000 |
$15,000 | $21,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $56,000 |
$56,000 | $56,000 |
$35,000 | $35,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $59,000 |
$59,000 | $59,000 |
$48,000 | $48,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SELECT BANK & TRUST COMPANY by:
Metropolitan Area And
County
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