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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 EAST CAROLINA BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE EAST CAROLINA BANK |
| Address | P.O. BOX 337
ENGELHARD, NC 27824 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 198 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $27,159,000 |
| Average Mortgage Loan Amount Applied For | $136,608 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $99,608 |
| Highest Applicant Income | $3,527,000 |
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| Home Improvement |
25 | $889,000 |
$35,000 | $250,000 |
$48,000 | $131,000 |
| Home Purchase |
93 | $12,298,000 |
$132,000 | $850,000 |
$110,000 | $3,527,000 |
| Refinancing |
80 | $13,972,000 |
$174,000 | $3,000,000 |
$89,000 | $1,769,000 |
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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 |
20 | $889,000 |
$44,000 | $164,000 |
$43,000 | $143,000 |
| Hispanic |
4 | $347,000 |
$86,000 | $180,000 |
$40,000 | $64,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
14 | $3,154,000 |
$225,000 | $1,000,000 |
$14,000 | $122,000 |
| Not Provided |
5 | $777,000 |
$155,000 | $250,000 |
$36,000 | $55,000 |
| White |
155 | $21,992,000 |
$141,000 | $3,000,000 |
$111,000 | $3,527,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
196 | $26,980,000 |
$137,000 | $3,000,000 |
$94,000 | $3,527,000 |
| FHA-insured (Federal Housing Administration) |
2 | $179,000 |
$89,000 | $100,000 |
$38,000 | $39,000 |
| 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 |
31 | $3,271,000 |
$105,000 | $276,000 |
$47,000 | $140,000 |
| Application Withdrawn By Applicant |
45 | $7,867,000 |
$174,000 | $660,000 |
$71,000 | $558,000 |
| File Closed For Incompleteness |
1 | $148,000 |
$148,000 | $148,000 |
$66,000 | $66,000 |
| Loan Originated |
121 | $15,873,000 |
$131,000 | $3,000,000 |
$114,000 | $3,527,000 |
| 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 |
5 | $788,000 |
$157,000 | $276,000 |
$62,000 | $100,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
19 | $2,006,000 |
$105,000 | $180,000 |
$41,000 | $88,000 |
| Debt-To-Income Ratio |
4 | $250,000 |
$62,000 | $80,000 |
$59,000 | $140,000 |
| 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 |
1 | $101,000 |
$101,000 | $101,000 |
$57,000 | $57,000 |
| Unverifiable Information |
2 | $126,000 |
$63,000 | $81,000 |
$28,000 | $31,000 |
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Mortgage Loan App Totals for THE EAST CAROLINA BANK by:
Metropolitan Area And
County
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