|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
SOUTH CENTRAL BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SOUTH CENTRAL BANK |
| Address | 2715 FREDERICA ST
OWENSBORO, KY 42303 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 169 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,005,000 |
| Average Mortgage Loan Amount Applied For | $70,666 |
| Highest Mortgage Loan Amount Applied For | $317,000 |
| Average Applicant Income | $85,000 |
| Highest Applicant Income | $1,112,000 |
|
|
|
| Home Improvement |
30 | $519,000 |
$17,000 | $47,000 |
$62,000 | $130,000 |
| Home Purchase |
64 | $4,527,000 |
$70,000 | $245,000 |
$77,000 | $265,000 |
| Refinancing |
95 | $7,024,000 |
$73,000 | $317,000 |
$79,000 | $1,112,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $15,000 |
$15,000 | $15,000 |
$34,000 | $34,000 |
| Black or African American |
1 | $53,000 |
$53,000 | $53,000 |
$17,000 | $17,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
4 | $139,000 |
$34,000 | $48,000 |
$80,000 | $80,000 |
| Not applicable |
6 | $569,000 |
$94,000 | $317,000 |
$52,000 | $172,000 |
| Not Provided |
1 | $22,000 |
$22,000 | $22,000 |
$32,000 | $32,000 |
| White |
176 | $11,272,000 |
$64,000 | $256,000 |
$77,000 | $1,112,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
189 | $12,070,000 |
$63,000 | $317,000 |
$76,000 | $1,112,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
3 | $271,000 |
$90,000 | $162,000 |
$53,000 | $87,000 |
| Application Denied By Financial Institution |
10 | $333,000 |
$33,000 | $87,000 |
$43,000 | $73,000 |
| Application Withdrawn By Applicant |
6 | $367,000 |
$61,000 | $130,000 |
$53,000 | $94,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
170 | $11,099,000 |
$65,000 | $317,000 |
$79,000 | $1,112,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $186,000 |
$31,000 | $70,000 |
$40,000 | $65,000 |
| 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 |
1 | $34,000 |
$34,000 | $34,000 |
$70,000 | $70,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for SOUTH CENTRAL BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
