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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 OF FAYETTE COUNTY
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK OF FAYETTE COUNTY |
| Address | 120 CHARLESTON ST.,P.O. BOX 277
MOSCOW, TN 38057 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 228 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $43,165,000 |
| Average Mortgage Loan Amount Applied For | $162,933 |
| Highest Mortgage Loan Amount Applied For | $1,400,000 |
| Average Applicant Income | $102,466 |
| Highest Applicant Income | $360,000 |
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| Home Improvement |
19 | $792,000 |
$41,000 | $130,000 |
$63,000 | $120,000 |
| Home Purchase |
163 | $35,184,000 |
$215,000 | $1,400,000 |
$98,000 | $360,000 |
| Refinancing |
53 | $7,872,000 |
$148,000 | $449,000 |
$69,000 | $181,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
19 | $3,860,000 |
$203,000 | $753,000 |
$67,000 | $181,000 |
| Hispanic |
1 | $77,000 |
$77,000 | $77,000 |
$67,000 | $67,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $742,000 |
$148,000 | $560,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
210 | $39,169,000 |
$186,000 | $1,400,000 |
$93,000 | $360,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
235 | $43,848,000 |
$186,000 | $1,400,000 |
$89,000 | $360,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
28 | $3,746,000 |
$133,000 | $400,000 |
$58,000 | $175,000 |
| Application Withdrawn By Applicant |
33 | $6,028,000 |
$182,000 | $753,000 |
$88,000 | $360,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
174 | $34,074,000 |
$195,000 | $1,400,000 |
$94,000 | $358,000 |
| 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 |
15 | $1,933,000 |
$128,000 | $400,000 |
$69,000 | $175,000 |
| Debt-To-Income Ratio |
7 | $1,164,000 |
$166,000 | $400,000 |
$51,000 | $115,000 |
| Employment History |
1 | $77,000 |
$77,000 | $77,000 |
$67,000 | $67,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $572,000 |
$114,000 | $185,000 |
$36,000 | $68,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE BANK OF FAYETTE COUNTY by:
Metropolitan Area And
County
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