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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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SPIRITBANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SPIRITBANK |
| Address | 1800 SOUTHBALTIMORE
TULSA, OK 74119 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,480 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $141,020,000 |
| Average Mortgage Loan Amount Applied For | $103,232 |
| Highest Mortgage Loan Amount Applied For | $5,500,000 |
| Average Applicant Income | $79,744 |
| Highest Applicant Income | $2,687,000 |
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| Home Improvement |
231 | $11,908,000 |
$51,000 | $5,500,000 |
$64,000 | $2,427,000 |
| Home Purchase |
894 | $104,178,000 |
$116,000 | $4,128,000 |
$69,000 | $1,188,000 |
| Refinancing |
375 | $26,525,000 |
$70,000 | $880,000 |
$75,000 | $2,687,000 |
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| American Indian or Alaskan Native |
33 | $1,879,000 |
$56,000 | $161,000 |
$59,000 | $140,000 |
| Asian |
17 | $1,612,000 |
$94,000 | $200,000 |
$61,000 | $95,000 |
| Black or African American |
40 | $3,431,000 |
$85,000 | $257,000 |
$56,000 | $145,000 |
| Hispanic |
54 | $5,472,000 |
$101,000 | $340,000 |
$63,000 | $216,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $149,000 |
$74,000 | $127,000 |
$85,000 | $90,000 |
| Not applicable |
89 | $27,720,000 |
$311,000 | $5,500,000 |
$0 | $0 |
| Not Provided |
24 | $1,420,000 |
$59,000 | $185,000 |
$73,000 | $540,000 |
| White |
1,241 | $100,928,000 |
$81,000 | $3,952,000 |
$76,000 | $2,687,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,325 | $123,696,000 |
$93,000 | $5,500,000 |
$72,000 | $2,687,000 |
| FHA-insured (Federal Housing Administration) |
114 | $12,329,000 |
$108,000 | $206,000 |
$51,000 | $229,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
26 | $2,174,000 |
$83,000 | $177,000 |
$41,000 | $70,000 |
| VA-guaranteed (Veterans Administration) |
35 | $4,412,000 |
$126,000 | $191,000 |
$53,000 | $103,000 |
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| Application Approved But Not Accepted |
14 | $993,000 |
$70,000 | $212,000 |
$59,000 | $218,000 |
| Application Denied By Financial Institution |
61 | $2,569,000 |
$42,000 | $185,000 |
$44,000 | $216,000 |
| Application Withdrawn By Applicant |
73 | $8,844,000 |
$121,000 | $1,384,000 |
$84,000 | $1,188,000 |
| File Closed For Incompleteness |
3 | $62,000 |
$20,000 | $51,000 |
$6,000 | $20,000 |
| Loan Originated |
1,349 | $130,143,000 |
$96,000 | $5,500,000 |
$70,000 | $2,687,000 |
| 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 |
14 | $1,175,000 |
$83,000 | $185,000 |
$56,000 | $141,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
34 | $847,000 |
$24,000 | $99,000 |
$41,000 | $216,000 |
| Debt-To-Income Ratio |
10 | $379,000 |
$37,000 | $75,000 |
$27,000 | $85,000 |
| Employment History |
1 | $88,000 |
$88,000 | $88,000 |
$27,000 | $27,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $80,000 |
$40,000 | $46,000 |
$85,000 | $109,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SPIRITBANK by:
Metropolitan Area And
County
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