|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
THE FIRST STATE BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
THE FIRST STATE BANK |
| Address | 660 CENTRAL AVENUE, P. O. BOX 295
BARBOURSVILLE, WV 25504 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 524 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $59,567,000 |
| Average Mortgage Loan Amount Applied For | $115,806 |
| Highest Mortgage Loan Amount Applied For | $1,200,000 |
| Average Applicant Income | $64,071 |
| Highest Applicant Income | $751,000 |
|
|
|
| Home Improvement |
7 | $246,000 |
$35,000 | $110,000 |
$55,000 | $113,000 |
| Home Purchase |
240 | $25,882,000 |
$107,000 | $383,000 |
$66,000 | $667,000 |
| Refinancing |
277 | $33,439,000 |
$120,000 | $1,200,000 |
$63,000 | $751,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $353,000 |
$88,000 | $140,000 |
$71,000 | $198,000 |
| Black or African American |
1 | $47,000 |
$47,000 | $47,000 |
$105,000 | $105,000 |
| Hispanic |
4 | $266,000 |
$66,000 | $87,000 |
$38,000 | $45,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
5 | $2,063,000 |
$412,000 | $1,200,000 |
$0 | $0 |
| Not Provided |
12 | $1,277,000 |
$106,000 | $187,000 |
$64,000 | $153,000 |
| White |
498 | $55,561,000 |
$111,000 | $417,000 |
$65,000 | $751,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
511 | $58,466,000 |
$114,000 | $1,200,000 |
$65,000 | $751,000 |
| FHA-insured (Federal Housing Administration) |
1 | $7,000 |
$7,000 | $7,000 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
12 | $1,094,000 |
$91,000 | $145,000 |
$40,000 | $64,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
18 | $2,174,000 |
$120,000 | $300,000 |
$50,000 | $113,000 |
| Application Denied By Financial Institution |
58 | $7,121,000 |
$122,000 | $417,000 |
$61,000 | $751,000 |
| Application Withdrawn By Applicant |
22 | $2,019,000 |
$91,000 | $197,000 |
$57,000 | $140,000 |
| File Closed For Incompleteness |
13 | $1,341,000 |
$103,000 | $163,000 |
$48,000 | $116,000 |
| Loan Originated |
413 | $46,912,000 |
$113,000 | $1,200,000 |
$66,000 | $667,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $50,000 |
$50,000 | $50,000 |
$62,000 | $62,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $90,000 |
$90,000 | $90,000 |
$49,000 | $49,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for THE FIRST STATE BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
