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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 MAGNOLIA COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK OF MAGNOLIA COMPANY |
| Address | 122 N MAIN STREET BOX 415
MAGNOLIA, OH 44643 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 53 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,864,000 |
| Average Mortgage Loan Amount Applied For | $95,666 |
| Highest Mortgage Loan Amount Applied For | $315,000 |
| Average Applicant Income | $44,333 |
| Highest Applicant Income | $180,000 |
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| Home Improvement |
1 | $228,000 |
$228,000 | $228,000 |
$80,000 | $80,000 |
| Home Purchase |
24 | $2,459,000 |
$102,000 | $315,000 |
$58,000 | $180,000 |
| Refinancing |
28 | $2,177,000 |
$77,000 | $228,000 |
$37,000 | $105,000 |
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| American Indian or Alaskan Native |
1 | $71,000 |
$71,000 | $71,000 |
$30,000 | $30,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $460,000 |
$57,000 | $88,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
44 | $4,333,000 |
$98,000 | $315,000 |
$57,000 | $180,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
53 | $4,864,000 |
$91,000 | $315,000 |
$47,000 | $180,000 |
| 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 |
1 | $92,000 |
$92,000 | $92,000 |
$59,000 | $59,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
52 | $4,772,000 |
$91,000 | $315,000 |
$47,000 | $180,000 |
| 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 | $92,000 |
$92,000 | $92,000 |
$59,000 | $59,000 |
| 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 THE BANK OF MAGNOLIA COMPANY by:
Metropolitan Area And
County
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