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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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SHELBY COUNTY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SHELBY COUNTY BANK |
| Address | 29 E WASHINGTON STREET
SHELBYVILLE, IN 46176 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 105 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,593,000 |
| Average Mortgage Loan Amount Applied For | $148,083 |
| Highest Mortgage Loan Amount Applied For | $800,000 |
| Average Applicant Income | $91,500 |
| Highest Applicant Income | $631,000 |
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| Home Improvement |
16 | $344,000 |
$21,000 | $40,000 |
$38,000 | $101,000 |
| Home Purchase |
46 | $6,120,000 |
$133,000 | $741,000 |
$68,000 | $631,000 |
| Refinancing |
48 | $5,793,000 |
$120,000 | $800,000 |
$97,000 | $562,000 |
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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 |
1 | $70,000 |
$70,000 | $70,000 |
$26,000 | $26,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $482,000 |
$96,000 | $240,000 |
$135,000 | $631,000 |
| Not Provided |
3 | $1,016,000 |
$338,000 | $800,000 |
$249,000 | $562,000 |
| White |
101 | $10,689,000 |
$105,000 | $741,000 |
$69,000 | $300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
109 | $12,109,000 |
$111,000 | $800,000 |
$76,000 | $631,000 |
| FHA-insured (Federal Housing Administration) |
1 | $148,000 |
$148,000 | $148,000 |
$75,000 | $75,000 |
| 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 |
12 | $1,265,000 |
$105,000 | $224,000 |
$63,000 | $170,000 |
| Application Denied By Financial Institution |
11 | $3,203,000 |
$291,000 | $800,000 |
$91,000 | $562,000 |
| Application Withdrawn By Applicant |
3 | $249,000 |
$83,000 | $112,000 |
$54,000 | $77,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
76 | $6,653,000 |
$87,000 | $410,000 |
$80,000 | $631,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
4 | $517,000 |
$129,000 | $148,000 |
$56,000 | $75,000 |
| Preapproval Denied by Financial Institution |
4 | $370,000 |
$92,000 | $176,000 |
$38,000 | $55,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $478,000 |
$95,000 | $336,000 |
$56,000 | $133,000 |
| Debt-To-Income Ratio |
9 | $2,860,000 |
$317,000 | $800,000 |
$90,000 | $562,000 |
| 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 |
1 | $235,000 |
$235,000 | $235,000 |
$68,000 | $68,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SHELBY COUNTY BANK by:
Metropolitan Area And
County
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