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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
Mortgage Loans and Application Details
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| Mortgage Company Name |
STATE BANK |
| Address | 202 WEST COLORADO STREET
LA GRANGE, TX 78945 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,597 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $381,433,000 |
| Average Mortgage Loan Amount Applied For | $137,452 |
| Highest Mortgage Loan Amount Applied For | $3,504,000 |
| Average Applicant Income | $108,330 |
| Highest Applicant Income | $1,730,000 |
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| Home Improvement |
34 | $2,650,000 |
$77,000 | $417,000 |
$113,000 | $474,000 |
| Home Purchase |
2,295 | $335,233,000 |
$146,000 | $3,504,000 |
$98,000 | $1,730,000 |
| Refinancing |
269 | $43,682,000 |
$162,000 | $954,000 |
$106,000 | $942,000 |
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| American Indian or Alaskan Native |
9 | $1,157,000 |
$128,000 | $332,000 |
$101,000 | $171,000 |
| Asian |
38 | $6,346,000 |
$167,000 | $777,000 |
$136,000 | $576,000 |
| Black or African American |
47 | $6,228,000 |
$132,000 | $490,000 |
$85,000 | $335,000 |
| Hispanic |
218 | $27,157,000 |
$124,000 | $600,000 |
$74,000 | $320,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $185,000 |
$61,000 | $101,000 |
$45,000 | $52,000 |
| Not applicable |
43 | $10,409,000 |
$242,000 | $3,504,000 |
$0 | $0 |
| Not Provided |
178 | $28,406,000 |
$159,000 | $680,000 |
$107,000 | $504,000 |
| White |
2,062 | $301,677,000 |
$146,000 | $3,046,000 |
$103,000 | $1,730,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,494 | $367,009,000 |
$147,000 | $3,504,000 |
$101,000 | $1,730,000 |
| FHA-insured (Federal Housing Administration) |
71 | $8,571,000 |
$120,000 | $203,000 |
$54,000 | $180,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
33 | $5,985,000 |
$181,000 | $377,000 |
$69,000 | $125,000 |
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| Application Approved But Not Accepted |
74 | $13,383,000 |
$180,000 | $777,000 |
$87,000 | $576,000 |
| Application Denied By Financial Institution |
37 | $3,877,000 |
$104,000 | $300,000 |
$88,000 | $200,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,436 | $351,842,000 |
$144,000 | $3,504,000 |
$99,000 | $1,730,000 |
| Loan Purchased By The Institution |
50 | $12,331,000 |
$246,000 | $1,500,000 |
$143,000 | $735,000 |
| Preapproval Approved but not Accepted |
1 | $132,000 |
$132,000 | $132,000 |
$42,000 | $42,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
6 | $590,000 |
$98,000 | $177,000 |
$141,000 | $200,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
17 | $1,481,000 |
$87,000 | $300,000 |
$41,000 | $73,000 |
| Debt-To-Income Ratio |
3 | $121,000 |
$40,000 | $48,000 |
$27,000 | $34,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
9 | $1,587,000 |
$176,000 | $180,000 |
$177,000 | $192,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $30,000 |
$30,000 | $30,000 |
$28,000 | $28,000 |
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Mortgage Loan App Totals for STATE BANK by:
Metropolitan Area And
County
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