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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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THE BANK/FIRST CITIZENS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK/FIRST CITIZENS BANK |
| Address | 2713 FOREST HILLS ROAD
WILSON, NC 27893 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 365 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $43,308,000 |
| Average Mortgage Loan Amount Applied For | $156,533 |
| Highest Mortgage Loan Amount Applied For | $965,000 |
| Average Applicant Income | $71,133 |
| Highest Applicant Income | $888,000 |
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| Home Improvement |
33 | $1,390,000 |
$42,000 | $404,000 |
$47,000 | $546,000 |
| Home Purchase |
145 | $18,441,000 |
$127,000 | $965,000 |
$78,000 | $888,000 |
| Refinancing |
203 | $26,117,000 |
$128,000 | $965,000 |
$68,000 | $438,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $177,000 |
$88,000 | $100,000 |
$19,000 | $39,000 |
| Black or African American |
11 | $1,325,000 |
$120,000 | $392,000 |
$69,000 | $213,000 |
| Hispanic |
3 | $338,000 |
$112,000 | $132,000 |
$52,000 | $96,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
13 | $2,271,000 |
$174,000 | $615,000 |
$0 | $0 |
| Not Provided |
9 | $1,620,000 |
$180,000 | $319,000 |
$100,000 | $225,000 |
| White |
343 | $40,217,000 |
$117,000 | $965,000 |
$73,000 | $888,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
355 | $43,251,000 |
$121,000 | $965,000 |
$73,000 | $888,000 |
| FHA-insured (Federal Housing Administration) |
25 | $2,616,000 |
$104,000 | $203,000 |
$37,000 | $66,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $81,000 |
$81,000 | $81,000 |
$28,000 | $28,000 |
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| Application Approved But Not Accepted |
2 | $810,000 |
$405,000 | $500,000 |
$143,000 | $194,000 |
| Application Denied By Financial Institution |
14 | $1,241,000 |
$88,000 | $300,000 |
$54,000 | $122,000 |
| Application Withdrawn By Applicant |
5 | $978,000 |
$195,000 | $408,000 |
$89,000 | $176,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
360 | $42,919,000 |
$119,000 | $965,000 |
$70,000 | $888,000 |
| 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 |
1 | $34,000 |
$34,000 | $34,000 |
$32,000 | $32,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $373,000 |
$74,000 | $134,000 |
$41,000 | $55,000 |
| Debt-To-Income Ratio |
2 | $12,000 |
$6,000 | $8,000 |
$35,000 | $42,000 |
| 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 THE BANK/FIRST CITIZENS BANK by:
Metropolitan Area And
County
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