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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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SEQUOIA BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SEQUOIA BANK |
| Address | 1200 GROSSCUP AVENUE
DUNBAR, WV 25064 |
| Agency | Federal Reserve System (FRS) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 65 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $24,016,000 |
| Average Mortgage Loan Amount Applied For | $247,800 |
| Highest Mortgage Loan Amount Applied For | $3,062,000 |
| Average Applicant Income | $119,700 |
| Highest Applicant Income | $932,000 |
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| Home Improvement (one-to-four family) |
10 | $1,600,000 |
$133,333 | $850,000 |
$242,333 | $932,000 |
| Home Purchase (one-to-four family) |
38 | $11,175,000 |
$264,500 | $1,920,000 |
$133,500 | $915,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
7 | $9,238,000 |
$1,457,000 | $3,062,000 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
10 | $2,003,000 |
$194,333 | $786,000 |
$173,333 | $252,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
1 | $1,012,000 |
$1,012,000 | $1,012,000 |
$194,000 | $194,000 |
| Black |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $160,000 |
$160,000 | $160,000 |
$47,000 | $47,000 |
| Information not provided by applicant in mail or telephone application |
17 | $5,773,000 |
$351,333 | $1,920,000 |
$207,666 | $615,000 |
| Not applicable |
33 | $14,270,000 |
$469,500 | $3,062,000 |
$17,000 | $170,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
13 | $2,801,000 |
$170,250 | $850,000 |
$240,250 | $932,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
65 | $24,016,000 |
$276,750 | $3,062,000 |
$135,250 | $932,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
65 | $24,016,000 |
$276,750 | $3,062,000 |
$135,250 | $932,000 |
| Loan Purchased By The 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SEQUOIA BANK by:
Metropolitan Area And
County
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