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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 SOUTHSIDE VIRGINIA
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE BANK OF SOUTHSIDE VIRGINIA |
| Address | P. O. BOX 40
CARSON, VA 23830-0040 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 190 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,733,000 |
| Average Mortgage Loan Amount Applied For | $152,600 |
| Highest Mortgage Loan Amount Applied For | $1,600,000 |
| Average Applicant Income | $79,720 |
| Highest Applicant Income | $803,000 |
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| Home Improvement |
76 | $1,400,000 |
$18,000 | $200,000 |
$49,000 | $283,000 |
| Home Purchase |
69 | $8,629,000 |
$125,000 | $740,000 |
$80,000 | $471,000 |
| Refinancing |
45 | $7,704,000 |
$171,000 | $1,600,000 |
$86,000 | $803,000 |
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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 |
33 | $786,000 |
$23,000 | $115,000 |
$46,000 | $203,000 |
| Hispanic |
1 | $157,000 |
$157,000 | $157,000 |
$48,000 | $48,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
33 | $3,673,000 |
$111,000 | $404,000 |
$86,000 | $533,000 |
| Not Provided |
1 | $5,000 |
$5,000 | $5,000 |
$111,000 | $111,000 |
| White |
122 | $13,112,000 |
$107,000 | $1,600,000 |
$71,000 | $803,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
190 | $17,733,000 |
$93,000 | $1,600,000 |
$69,000 | $803,000 |
| 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 |
11 | $1,245,000 |
$113,000 | $400,000 |
$50,000 | $187,000 |
| Application Denied By Financial Institution |
30 | $546,000 |
$18,000 | $83,000 |
$37,000 | $116,000 |
| Application Withdrawn By Applicant |
8 | $618,000 |
$77,000 | $239,000 |
$77,000 | $118,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
141 | $15,324,000 |
$108,000 | $1,600,000 |
$77,000 | $803,000 |
| 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 SOUTHSIDE VIRGINIA by:
Metropolitan Area And
County
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