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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 ROMNEY
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK OF ROMNEY |
| Address | P.O. BOX 876
ROMNEY, WV 26757 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 422 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,460,000 |
| Average Mortgage Loan Amount Applied For | $70,700 |
| Highest Mortgage Loan Amount Applied For | $434,000 |
| Average Applicant Income | $63,300 |
| Highest Applicant Income | $568,000 |
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| Home Improvement |
84 | $3,769,000 |
$44,000 | $160,000 |
$54,000 | $239,000 |
| Home Purchase |
158 | $12,892,000 |
$81,000 | $434,000 |
$86,000 | $568,000 |
| Refinancing |
180 | $13,799,000 |
$76,000 | $354,000 |
$53,000 | $568,000 |
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| American Indian or Alaskan Native |
1 | $19,000 |
$19,000 | $19,000 |
$30,000 | $30,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $88,000 |
$44,000 | $85,000 |
$90,000 | $111,000 |
| Hispanic |
2 | $31,000 |
$15,000 | $25,000 |
$53,000 | $71,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $448,000 |
$49,000 | $100,000 |
$26,000 | $134,000 |
| Not Provided |
8 | $535,000 |
$66,000 | $156,000 |
$60,000 | $190,000 |
| White |
400 | $29,339,000 |
$73,000 | $434,000 |
$66,000 | $568,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
422 | $30,460,000 |
$72,000 | $434,000 |
$65,000 | $568,000 |
| 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 |
6 | $896,000 |
$149,000 | $434,000 |
$152,000 | $567,000 |
| Application Denied By Financial Institution |
24 | $1,815,000 |
$75,000 | $200,000 |
$42,000 | $86,000 |
| Application Withdrawn By Applicant |
14 | $1,231,000 |
$87,000 | $175,000 |
$52,000 | $105,000 |
| File Closed For Incompleteness |
2 | $190,000 |
$95,000 | $120,000 |
$125,000 | $190,000 |
| Loan Originated |
376 | $26,328,000 |
$70,000 | $354,000 |
$66,000 | $568,000 |
| 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 |
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 ROMNEY by:
Metropolitan Area And
County
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