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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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STATEWIDE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
STATEWIDE BANK |
| Address | 202 LIONS DRIVE
COVINGTON, LA 70433 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,549 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $76,136,000 |
| Average Mortgage Loan Amount Applied For | $35,883 |
| Highest Mortgage Loan Amount Applied For | $4,457,000 |
| Average Applicant Income | $4,138 |
| Highest Applicant Income | $2,419,000 |
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| Home Improvement |
62 | $5,399,000 |
$87,000 | $600,000 |
$20,000 | $412,000 |
| Home Purchase |
1,017 | $52,214,000 |
$51,000 | $4,457,000 |
$9,000 | $1,177,000 |
| Refinancing |
474 | $18,959,000 |
$39,000 | $1,700,000 |
$17,000 | $2,419,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $800,000 |
$800,000 | $800,000 |
$474,000 | $474,000 |
| Black or African American |
11 | $1,071,000 |
$97,000 | $269,000 |
$51,000 | $158,000 |
| Hispanic |
1 | $360,000 |
$360,000 | $360,000 |
$169,000 | $169,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $1,700,000 |
$1,700,000 | $1,700,000 |
$2,419,000 | $2,419,000 |
| Not applicable |
1,421 | $58,609,000 |
$41,000 | $4,457,000 |
$3,000 | $1,177,000 |
| Not Provided |
5 | $771,000 |
$154,000 | $196,000 |
$147,000 | $352,000 |
| White |
113 | $13,261,000 |
$117,000 | $500,000 |
$86,000 | $780,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,550 | $76,240,000 |
$49,000 | $4,457,000 |
$12,000 | $2,419,000 |
| FHA-insured (Federal Housing Administration) |
3 | $332,000 |
$110,000 | $172,000 |
$44,000 | $64,000 |
| 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 |
6 | $501,000 |
$83,000 | $106,000 |
$51,000 | $93,000 |
| Application Denied By Financial Institution |
25 | $2,992,000 |
$119,000 | $400,000 |
$53,000 | $158,000 |
| Application Withdrawn By Applicant |
43 | $7,613,000 |
$177,000 | $800,000 |
$100,000 | $780,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
80 | $18,775,000 |
$234,000 | $4,457,000 |
$162,000 | $2,419,000 |
| Loan Purchased By The Institution |
1,399 | $46,691,000 |
$33,000 | $600,000 |
$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 |
1 | $144,000 |
$144,000 | $144,000 |
$27,000 | $27,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
14 | $1,208,000 |
$86,000 | $300,000 |
$41,000 | $60,000 |
| Debt-To-Income Ratio |
6 | $1,110,000 |
$185,000 | $400,000 |
$56,000 | $74,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $173,000 |
$173,000 | $173,000 |
$69,000 | $69,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $357,000 |
$119,000 | $200,000 |
$110,000 | $158,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for STATEWIDE BANK by:
Metropolitan Area And
County
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