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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 HERITAGE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE HERITAGE BANK |
| Address | 106 S MAIN ST
LUCAMA, NC 27851 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 95 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,149,000 |
| Average Mortgage Loan Amount Applied For | $107,636 |
| Highest Mortgage Loan Amount Applied For | $459,000 |
| Average Applicant Income | $81,818 |
| Highest Applicant Income | $437,000 |
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| Home Improvement |
15 | $600,000 |
$40,000 | $110,000 |
$64,000 | $328,000 |
| Home Purchase |
44 | $4,296,000 |
$97,000 | $459,000 |
$76,000 | $264,000 |
| Refinancing |
36 | $3,253,000 |
$90,000 | $316,000 |
$80,000 | $437,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $186,000 |
$186,000 | $186,000 |
$42,000 | $42,000 |
| Black or African American |
8 | $255,000 |
$31,000 | $80,000 |
$48,000 | $81,000 |
| Hispanic |
1 | $10,000 |
$10,000 | $10,000 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
8 | $900,000 |
$112,000 | $316,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
77 | $6,798,000 |
$88,000 | $459,000 |
$88,000 | $437,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
95 | $8,149,000 |
$85,000 | $459,000 |
$75,000 | $437,000 |
| 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 |
1 | $72,000 |
$72,000 | $72,000 |
$76,000 | $76,000 |
| Application Denied By Financial Institution |
11 | $395,000 |
$35,000 | $80,000 |
$49,000 | $81,000 |
| Application Withdrawn By Applicant |
3 | $99,000 |
$33,000 | $80,000 |
$49,000 | $96,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
80 | $7,583,000 |
$94,000 | $459,000 |
$80,000 | $437,000 |
| 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 HERITAGE BANK by:
Metropolitan Area And
County
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