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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 & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
STATE BANK & TRUST COMPANY |
| Address | P.O. BOX 745
GOLDEN MEADOW, LA 70357 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 133 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,435,000 |
| Average Mortgage Loan Amount Applied For | $131,750 |
| Highest Mortgage Loan Amount Applied For | $629,000 |
| Average Applicant Income | $76,250 |
| Highest Applicant Income | $544,000 |
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| Home Improvement |
54 | $1,756,000 |
$32,000 | $531,000 |
$70,000 | $544,000 |
| Home Purchase |
43 | $4,527,000 |
$105,000 | $629,000 |
$60,000 | $204,000 |
| Refinancing |
36 | $2,152,000 |
$59,000 | $450,000 |
$55,000 | $145,000 |
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| American Indian or Alaskan Native |
2 | $68,000 |
$34,000 | $40,000 |
$19,000 | $31,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $23,000 |
$11,000 | $18,000 |
$45,000 | $60,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $1,326,000 |
$221,000 | $629,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
123 | $7,018,000 |
$57,000 | $531,000 |
$66,000 | $544,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
133 | $8,435,000 |
$63,000 | $629,000 |
$62,000 | $544,000 |
| 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 | $402,000 |
$57,000 | $102,000 |
$43,000 | $65,000 |
| Application Denied By Financial Institution |
17 | $1,200,000 |
$70,000 | $179,000 |
$49,000 | $96,000 |
| Application Withdrawn By Applicant |
4 | $326,000 |
$81,000 | $250,000 |
$51,000 | $112,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
105 | $6,507,000 |
$61,000 | $629,000 |
$66,000 | $544,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
12 | $813,000 |
$67,000 | $175,000 |
$60,000 | $96,000 |
| Debt-To-Income Ratio |
4 | $382,000 |
$95,000 | $179,000 |
$23,000 | $38,000 |
| Employment History |
1 | $5,000 |
$5,000 | $5,000 |
$12,000 | $12,000 |
| 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 & TRUST COMPANY by:
Metropolitan Area And
County
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