|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
THE FRIENDSHIP STATE BANK
Mortgage Loans and Application Details
|
|
|
| Mortgage Company Name |
THE FRIENDSHIP STATE BANK |
| Address | P O BOX 357 FRIENDSHIP, IN 47021 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 240 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $20,220,000 |
| Average Mortgage Loan Amount Applied For | $103,285 |
| Highest Mortgage Loan Amount Applied For | $500,000 |
| Average Applicant Income | $88,857 |
| Highest Applicant Income | $435,000 |
|
|
| Home Improvement |
206 | $6,417,000 |
$31,000 | $236,000 |
$54,000 | $192,000 |
| Home Purchase |
225 | $21,217,000 |
$94,000 | $500,000 |
$54,000 | $332,000 |
| Refinancing |
250 | $25,204,000 |
$100,000 | $470,000 |
$57,000 | $500,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
4 | $213,000 |
$53,000 | $98,000 |
$46,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
9 | $1,738,000 |
$193,000 | $500,000 |
$84,000 | $332,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
668 | $50,887,000 |
$76,000 | $400,000 |
$55,000 | $500,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
681 | $52,838,000 |
$77,000 | $500,000 |
$55,000 | $500,000 |
| 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 |
|
| Application Approved But Not Accepted |
36 | $3,420,000 |
$95,000 | $258,000 |
$53,000 | $101,000 |
| Application Denied By Financial Institution |
72 | $6,215,000 |
$86,000 | $400,000 |
$45,000 | $150,000 |
| Application Withdrawn By Applicant |
25 | $1,910,000 |
$76,000 | $185,000 |
$50,000 | $109,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
548 | $41,293,000 |
$75,000 | $500,000 |
$57,000 | $500,000 |
| 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 |
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 |
|
Mortgage Loan App Totals for THE FRIENDSHIP STATE BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|