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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 LEGACY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE LEGACY BANK |
| Address | 120 WEST FOURTH STREET
WILLIAMSPORT, PA 17701 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 135 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,324,000 |
| Average Mortgage Loan Amount Applied For | $123,250 |
| Highest Mortgage Loan Amount Applied For | $578,000 |
| Average Applicant Income | $57,437 |
| Highest Applicant Income | $215,000 |
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| Home Improvement |
25 | $1,090,000 |
$43,000 | $260,000 |
$44,000 | $157,000 |
| Home Purchase |
37 | $3,894,000 |
$105,000 | $420,000 |
$36,000 | $142,000 |
| Refinancing |
73 | $7,340,000 |
$72,500 | $578,000 |
$127,000 | $215,000 |
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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 |
1 | $133,000 |
$133,000 | $133,000 |
$129,000 | $129,000 |
| Hispanic |
3 | $153,000 |
$49,000 | $83,000 |
$114,500 | $200,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
12 | $1,730,000 |
$144,000 | $425,000 |
$3,000 | $41,000 |
| Not Provided |
1 | $40,000 |
$40,000 | $40,000 |
$60,000 | $60,000 |
| White |
118 | $10,268,000 |
$87,000 | $578,000 |
$57,000 | $215,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
135 | $12,324,000 |
$67,500 | $578,000 |
$123,000 | $215,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
13 | $1,538,000 |
$118,000 | $442,000 |
$49,000 | $96,000 |
| Application Withdrawn By Applicant |
8 | $921,000 |
$115,000 | $250,000 |
$49,000 | $75,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
112 | $9,831,000 |
$66,000 | $578,000 |
$122,500 | $215,000 |
| Loan Purchased By The Institution |
2 | $34,000 |
$17,000 | $29,000 |
$20,000 | $41,000 |
| 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 |
1 | $92,000 |
$92,000 | $92,000 |
$96,000 | $96,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $366,000 |
$122,000 | $280,000 |
$50,000 | $66,000 |
| Debt-To-Income Ratio |
7 | $780,000 |
$111,000 | $442,000 |
$33,000 | $65,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $40,000 |
$40,000 | $40,000 |
$60,000 | $60,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE LEGACY BANK by:
Metropolitan Area And
County
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