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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 OF NEW PRAGUE
Mortgage Loans and Application Details
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| Mortgage Company Name |
STATE BANK OF NEW PRAGUE |
| Address | 201 CENTRAL AVE N
NEW PRAGUE, MN 56071 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 182 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $21,134,000 |
| Average Mortgage Loan Amount Applied For | $106,888 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $86,111 |
| Highest Applicant Income | $338,000 |
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| Home Improvement |
40 | $1,614,000 |
$40,000 | $210,000 |
$83,000 | $189,000 |
| Home Purchase |
47 | $8,674,000 |
$184,000 | $500,000 |
$103,000 | $338,000 |
| Refinancing |
95 | $10,846,000 |
$114,000 | $417,000 |
$87,000 | $338,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $340,000 |
$340,000 | $340,000 |
$338,000 | $338,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $181,000 |
$181,000 | $181,000 |
$57,000 | $57,000 |
| Not Provided |
50 | $6,457,000 |
$129,000 | $500,000 |
$107,000 | $338,000 |
| White |
130 | $14,156,000 |
$108,000 | $417,000 |
$83,000 | $312,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
182 | $21,134,000 |
$116,000 | $500,000 |
$91,000 | $338,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
15 | $1,679,000 |
$111,000 | $317,000 |
$72,000 | $220,000 |
| Application Withdrawn By Applicant |
14 | $2,766,000 |
$197,000 | $500,000 |
$76,000 | $210,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
153 | $16,689,000 |
$109,000 | $417,000 |
$94,000 | $338,000 |
| 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 |
3 | $159,000 |
$53,000 | $75,000 |
$85,000 | $115,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $379,000 |
$94,000 | $157,000 |
$64,000 | $150,000 |
| Debt-To-Income Ratio |
7 | $1,091,000 |
$155,000 | $317,000 |
$76,000 | $220,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $50,000 |
$50,000 | $50,000 |
$33,000 | $33,000 |
| 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 OF NEW PRAGUE by:
Metropolitan Area And
County
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