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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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SOUTH CAROLINA BANK AND TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
SOUTH CAROLINA BANK AND TRUST |
| Address | PO BOX 1287
ORANGEBURG, SC 29116 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,812 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $513,899,000 |
| Average Mortgage Loan Amount Applied For | $189,294 |
| Highest Mortgage Loan Amount Applied For | $4,050,000 |
| Average Applicant Income | $117,788 |
| Highest Applicant Income | $2,340,000 |
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| Home Improvement |
183 | $3,494,000 |
$19,000 | $405,000 |
$79,000 | $2,159,000 |
| Home Purchase |
1,543 | $299,295,000 |
$193,000 | $4,050,000 |
$112,000 | $2,340,000 |
| Refinancing |
1,086 | $211,110,000 |
$194,000 | $3,500,000 |
$101,000 | $1,560,000 |
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| American Indian or Alaskan Native |
7 | $858,000 |
$122,000 | $225,000 |
$57,000 | $126,000 |
| Asian |
21 | $6,168,000 |
$293,000 | $1,300,000 |
$197,000 | $866,000 |
| Black or African American |
386 | $33,481,000 |
$86,000 | $690,000 |
$61,000 | $2,340,000 |
| Hispanic |
47 | $7,929,000 |
$168,000 | $657,000 |
$74,000 | $404,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $659,000 |
$131,000 | $346,000 |
$53,000 | $88,000 |
| Not applicable |
69 | $13,271,000 |
$192,000 | $4,050,000 |
$0 | $0 |
| Not Provided |
105 | $24,788,000 |
$236,000 | $1,440,000 |
$108,000 | $900,000 |
| White |
2,172 | $426,745,000 |
$196,000 | $3,500,000 |
$117,000 | $2,331,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,779 | $508,422,000 |
$182,000 | $4,050,000 |
$106,000 | $2,340,000 |
| FHA-insured (Federal Housing Administration) |
5 | $699,000 |
$139,000 | $200,000 |
$93,000 | $103,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $331,000 |
$110,000 | $130,000 |
$64,000 | $83,000 |
| VA-guaranteed (Veterans Administration) |
25 | $4,447,000 |
$177,000 | $342,000 |
$56,000 | $138,000 |
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| Application Approved But Not Accepted |
42 | $10,551,000 |
$251,000 | $1,350,000 |
$92,000 | $558,000 |
| Application Denied By Financial Institution |
210 | $25,803,000 |
$122,000 | $1,440,000 |
$83,000 | $2,340,000 |
| Application Withdrawn By Applicant |
283 | $66,204,000 |
$233,000 | $2,150,000 |
$117,000 | $2,038,000 |
| File Closed For Incompleteness |
66 | $7,890,000 |
$119,000 | $356,000 |
$48,000 | $210,000 |
| Loan Originated |
2,211 | $403,451,000 |
$182,000 | $4,050,000 |
$108,000 | $2,331,000 |
| 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 |
24 | $5,142,000 |
$214,000 | $1,440,000 |
$147,000 | $1,560,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
139 | $14,425,000 |
$103,000 | $815,000 |
$68,000 | $1,500,000 |
| Debt-To-Income Ratio |
35 | $4,457,000 |
$127,000 | $690,000 |
$110,000 | $2,340,000 |
| Employment History |
2 | $205,000 |
$102,000 | $152,000 |
$78,000 | $81,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $493,000 |
$164,000 | $220,000 |
$71,000 | $93,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $242,000 |
$121,000 | $194,000 |
$71,000 | $83,000 |
| Unverifiable Information |
5 | $839,000 |
$167,000 | $400,000 |
$48,000 | $154,000 |
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Mortgage Loan App Totals for SOUTH CAROLINA BANK AND TRUST by:
Metropolitan Area And
County
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