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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 CENTRAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
STATE CENTRAL BANK |
| Address | 601 MAIN ST
KEOKUK, IA 52632 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 17 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,657,000 |
| Average Mortgage Loan Amount Applied For | $156,000 |
| Highest Mortgage Loan Amount Applied For | $1,160,000 |
| Average Applicant Income | $50,000 |
| Highest Applicant Income | $138,000 |
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| Home Improvement |
84 | $2,406,000 |
$28,000 | $165,000 |
$41,000 | $192,000 |
| Home Purchase |
127 | $10,773,000 |
$84,000 | $1,450,000 |
$50,000 | $220,000 |
| Refinancing |
202 | $10,804,000 |
$53,000 | $725,000 |
$48,000 | $235,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $123,000 |
$61,000 | $120,000 |
$39,000 | $79,000 |
| Black or African American |
5 | $402,000 |
$80,000 | $200,000 |
$24,000 | $41,000 |
| Hispanic |
7 | $247,000 |
$35,000 | $77,000 |
$42,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
14 | $2,589,000 |
$184,000 | $1,160,000 |
$44,000 | $102,000 |
| Not Provided |
2 | $1,457,000 |
$728,000 | $1,450,000 |
$118,000 | $206,000 |
| White |
383 | $19,165,000 |
$50,000 | $725,000 |
$47,000 | $235,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
401 | $22,854,000 |
$56,000 | $1,450,000 |
$47,000 | $235,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $38,000 |
$38,000 | $38,000 |
$21,000 | $21,000 |
| VA-guaranteed (Veterans Administration) |
11 | $1,091,000 |
$99,000 | $285,000 |
$48,000 | $138,000 |
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| Application Approved But Not Accepted |
1 | $15,000 |
$15,000 | $15,000 |
$7,000 | $7,000 |
| Application Denied By Financial Institution |
39 | $1,553,000 |
$39,000 | $155,000 |
$32,000 | $88,000 |
| Application Withdrawn By Applicant |
17 | $2,335,000 |
$137,000 | $1,450,000 |
$53,000 | $206,000 |
| File Closed For Incompleteness |
1 | $36,000 |
$36,000 | $36,000 |
$11,000 | $11,000 |
| Loan Originated |
346 | $19,322,000 |
$55,000 | $1,160,000 |
$49,000 | $235,000 |
| 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 |
9 | $722,000 |
$80,000 | $200,000 |
$28,000 | $45,000 |
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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 CENTRAL BANK by:
Metropolitan Area And
County
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