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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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SIGNATURE BANK OF ARKANSAS
Mortgage Loans and Application Details
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| Mortgage Company Name |
SIGNATURE BANK OF ARKANSAS |
| Address | 3878 N. CROSSOVER STE 30
FAYETTEVILLE, AR 72703 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 400 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $82,683,000 |
| Average Mortgage Loan Amount Applied For | $208,157 |
| Highest Mortgage Loan Amount Applied For | $6,209,000 |
| Average Applicant Income | $177,157 |
| Highest Applicant Income | $1,977,000 |
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| Home Improvement |
25 | $1,950,000 |
$78,000 | $500,000 |
$76,000 | $435,000 |
| Home Purchase |
192 | $42,106,000 |
$219,000 | $6,209,000 |
$109,000 | $1,977,000 |
| Refinancing |
183 | $38,627,000 |
$211,000 | $3,500,000 |
$96,000 | $1,500,000 |
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| American Indian or Alaskan Native |
3 | $373,000 |
$124,000 | $207,000 |
$125,000 | $176,000 |
| Asian |
2 | $320,000 |
$160,000 | $192,000 |
$40,000 | $56,000 |
| Black or African American |
8 | $1,294,000 |
$161,000 | $350,000 |
$141,000 | $212,000 |
| Hispanic |
10 | $1,491,000 |
$149,000 | $720,000 |
$137,000 | $457,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $142,000 |
$142,000 | $142,000 |
$103,000 | $103,000 |
| Not applicable |
57 | $22,898,000 |
$401,000 | $6,209,000 |
$10,000 | $435,000 |
| Not Provided |
3 | $283,000 |
$94,000 | $215,000 |
$87,000 | $116,000 |
| White |
316 | $55,882,000 |
$176,000 | $3,500,000 |
$116,000 | $1,977,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
400 | $82,683,000 |
$206,000 | $6,209,000 |
$101,000 | $1,977,000 |
| 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 |
1 | $172,000 |
$172,000 | $172,000 |
$33,000 | $33,000 |
| Application Denied By Financial Institution |
15 | $2,318,000 |
$154,000 | $618,000 |
$51,000 | $116,000 |
| Application Withdrawn By Applicant |
25 | $3,451,000 |
$138,000 | $332,000 |
$132,000 | $1,200,000 |
| File Closed For Incompleteness |
1 | $144,000 |
$144,000 | $144,000 |
$54,000 | $54,000 |
| Loan Originated |
358 | $76,598,000 |
$213,000 | $6,209,000 |
$101,000 | $1,977,000 |
| 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 |
1 | $30,000 |
$30,000 | $30,000 |
$116,000 | $116,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $798,000 |
$159,000 | $215,000 |
$59,000 | $85,000 |
| Debt-To-Income Ratio |
6 | $1,309,000 |
$218,000 | $618,000 |
$44,000 | $90,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $180,000 |
$90,000 | $105,000 |
$36,000 | $56,000 |
| 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 SIGNATURE BANK OF ARKANSAS by:
Metropolitan Area And
County
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