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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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STATE BANK AND TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
STATE BANK AND TRUST COMPANY |
| Address | 147 S. RAILROAD AVENUE
BROOKHAVEN, MS 39601 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 711 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $100,532,000 |
| Average Mortgage Loan Amount Applied For | $188,645 |
| Highest Mortgage Loan Amount Applied For | $3,570,000 |
| Average Applicant Income | $147,677 |
| Highest Applicant Income | $1,923,000 |
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| Home Improvement |
430 | $13,192,000 |
$30,000 | $1,500,000 |
$65,000 | $1,456,000 |
| Home Purchase |
770 | $91,043,000 |
$118,000 | $3,570,000 |
$86,000 | $1,998,000 |
| Refinancing |
592 | $53,211,000 |
$89,000 | $2,846,000 |
$94,000 | $1,923,000 |
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| American Indian or Alaskan Native |
3 | $283,000 |
$94,000 | $186,000 |
$47,000 | $60,000 |
| Asian |
20 | $2,915,000 |
$145,000 | $253,000 |
$64,000 | $149,000 |
| Black or African American |
416 | $16,832,000 |
$40,000 | $450,000 |
$50,000 | $763,000 |
| Hispanic |
12 | $1,470,000 |
$122,000 | $321,000 |
$83,000 | $195,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $39,000 |
$39,000 | $39,000 |
$121,000 | $121,000 |
| Not applicable |
123 | $26,594,000 |
$216,000 | $3,570,000 |
$3,000 | $236,000 |
| Not Provided |
5 | $453,000 |
$90,000 | $183,000 |
$31,000 | $71,000 |
| White |
1,212 | $108,860,000 |
$89,000 | $2,000,000 |
$104,000 | $1,998,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,772 | $155,350,000 |
$87,000 | $3,570,000 |
$84,000 | $1,998,000 |
| FHA-insured (Federal Housing Administration) |
13 | $1,101,000 |
$84,000 | $180,000 |
$34,000 | $81,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
7 | $995,000 |
$142,000 | $257,000 |
$58,000 | $125,000 |
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| Application Approved But Not Accepted |
197 | $26,013,000 |
$132,000 | $645,000 |
$87,000 | $637,000 |
| Application Denied By Financial Institution |
285 | $16,007,000 |
$56,000 | $560,000 |
$58,000 | $1,494,000 |
| Application Withdrawn By Applicant |
12 | $1,831,000 |
$152,000 | $373,000 |
$119,000 | $630,000 |
| File Closed For Incompleteness |
5 | $395,000 |
$79,000 | $177,000 |
$48,000 | $108,000 |
| Loan Originated |
1,237 | $106,936,000 |
$86,000 | $3,570,000 |
$90,000 | $1,998,000 |
| 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 |
56 | $6,264,000 |
$111,000 | $238,000 |
$45,000 | $165,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for STATE BANK AND TRUST COMPANY by:
Metropolitan Area And
County
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