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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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SUPERIOR BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
SUPERIOR BANK |
| Address | 17 NORTH 20TH ST
BIRMINGHAM, AL 35203 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,768 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $412,254,000 |
| Average Mortgage Loan Amount Applied For | $167,794 |
| Highest Mortgage Loan Amount Applied For | $2,560,000 |
| Average Applicant Income | $122,735 |
| Highest Applicant Income | $5,604,000 |
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| Home Improvement |
69 | $2,863,000 |
$41,000 | $850,000 |
$53,000 | $842,000 |
| Home Purchase |
1,884 | $271,993,000 |
$144,000 | $2,228,000 |
$100,000 | $4,044,000 |
| Refinancing |
818 | $137,806,000 |
$168,000 | $2,560,000 |
$104,000 | $5,604,000 |
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| American Indian or Alaskan Native |
4 | $962,000 |
$240,000 | $600,000 |
$94,000 | $228,000 |
| Asian |
34 | $5,616,000 |
$165,000 | $460,000 |
$77,000 | $271,000 |
| Black or African American |
159 | $19,711,000 |
$123,000 | $1,943,000 |
$70,000 | $744,000 |
| Hispanic |
19 | $2,079,000 |
$109,000 | $264,000 |
$56,000 | $223,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $199,000 |
$199,000 | $199,000 |
$78,000 | $78,000 |
| Not applicable |
28 | $10,861,000 |
$387,000 | $2,228,000 |
$450,000 | $4,044,000 |
| Not Provided |
25 | $3,324,000 |
$132,000 | $433,000 |
$110,000 | $421,000 |
| White |
2,501 | $369,910,000 |
$147,000 | $2,560,000 |
$98,000 | $5,604,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,762 | $411,829,000 |
$149,000 | $2,560,000 |
$100,000 | $5,604,000 |
| FHA-insured (Federal Housing Administration) |
1 | $148,000 |
$148,000 | $148,000 |
$45,000 | $45,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $685,000 |
$85,000 | $108,000 |
$35,000 | $60,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
79 | $12,949,000 |
$163,000 | $680,000 |
$111,000 | $1,099,000 |
| Application Denied By Financial Institution |
60 | $6,790,000 |
$113,000 | $1,943,000 |
$52,000 | $744,000 |
| Application Withdrawn By Applicant |
53 | $7,100,000 |
$133,000 | $500,000 |
$90,000 | $790,000 |
| File Closed For Incompleteness |
3 | $139,000 |
$46,000 | $113,000 |
$27,000 | $31,000 |
| Loan Originated |
2,576 | $385,684,000 |
$149,000 | $2,560,000 |
$101,000 | $5,604,000 |
| 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 |
5 | $383,000 |
$76,000 | $240,000 |
$27,000 | $64,000 |
| Credit Application Incomplete |
4 | $745,000 |
$186,000 | $342,000 |
$66,000 | $126,000 |
| Credit History |
30 | $2,034,000 |
$67,000 | $433,000 |
$39,000 | $144,000 |
| Debt-To-Income Ratio |
10 | $500,000 |
$50,000 | $186,000 |
$29,000 | $66,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $713,000 |
$142,000 | $240,000 |
$27,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $2,287,000 |
$457,000 | $1,943,000 |
$193,000 | $744,000 |
| Unverifiable Information |
1 | $128,000 |
$128,000 | $128,000 |
$168,000 | $168,000 |
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Mortgage Loan App Totals for SUPERIOR BANK by:
Metropolitan Area And
County
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