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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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SOUTHCOAST COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SOUTHCOAST COMMUNITY BANK |
| Address | 530 JOHNNIE DODDS BLVD
MT PLEASANT, SC 29464 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 225 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $69,480,000 |
| Average Mortgage Loan Amount Applied For | $214,666 |
| Highest Mortgage Loan Amount Applied For | $3,600,000 |
| Average Applicant Income | $91,833 |
| Highest Applicant Income | $4,534,000 |
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| Home Improvement |
23 | $4,713,000 |
$204,000 | $1,155,000 |
$94,000 | $279,000 |
| Home Purchase |
118 | $37,572,000 |
$318,000 | $3,600,000 |
$198,000 | $4,534,000 |
| Refinancing |
84 | $27,195,000 |
$323,000 | $1,825,000 |
$127,000 | $1,800,000 |
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| American Indian or Alaskan Native |
1 | $90,000 |
$90,000 | $90,000 |
$114,000 | $114,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
13 | $1,428,000 |
$109,000 | $302,000 |
$66,000 | $141,000 |
| Hispanic |
4 | $1,685,000 |
$421,000 | $960,000 |
$107,000 | $262,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $203,000 |
$203,000 | $203,000 |
$58,000 | $58,000 |
| Not applicable |
28 | $12,557,000 |
$448,000 | $3,600,000 |
$0 | $0 |
| Not Provided |
10 | $1,869,000 |
$186,000 | $572,000 |
$251,000 | $1,800,000 |
| White |
168 | $51,648,000 |
$307,000 | $2,610,000 |
$192,000 | $4,534,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
225 | $69,480,000 |
$308,000 | $3,600,000 |
$161,000 | $4,534,000 |
| 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 |
7 | $2,842,000 |
$406,000 | $1,100,000 |
$115,000 | $196,000 |
| Application Denied By Financial Institution |
14 | $2,469,000 |
$176,000 | $450,000 |
$57,000 | $157,000 |
| Application Withdrawn By Applicant |
6 | $1,685,000 |
$280,000 | $1,000,000 |
$40,000 | $81,000 |
| File Closed For Incompleteness |
2 | $415,000 |
$207,000 | $265,000 |
$77,000 | $120,000 |
| Loan Originated |
175 | $55,151,000 |
$315,000 | $3,600,000 |
$195,000 | $4,534,000 |
| Loan Purchased By The Institution |
21 | $6,918,000 |
$329,000 | $1,073,000 |
$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 |
6 | $983,000 |
$163,000 | $320,000 |
$46,000 | $64,000 |
| Credit Application Incomplete |
3 | $362,000 |
$120,000 | $165,000 |
$53,000 | $76,000 |
| Credit History |
2 | $159,000 |
$79,000 | $119,000 |
$112,000 | $157,000 |
| Debt-To-Income Ratio |
3 | $965,000 |
$321,000 | $450,000 |
$47,000 | $51,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SOUTHCOAST COMMUNITY BANK by:
Metropolitan Area And
County
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