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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 MARATHON BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE MARATHON BANK |
| Address | 4095 VALLEY PIKE
WINCHESTER, VA 22602 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 194 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $44,862,000 |
| Average Mortgage Loan Amount Applied For | $185,764 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $92,823 |
| Highest Applicant Income | $1,425,000 |
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| Home Improvement |
54 | $2,351,000 |
$43,000 | $516,000 |
$53,000 | $277,000 |
| Home Purchase |
71 | $27,290,000 |
$384,000 | $1,563,000 |
$88,000 | $1,121,000 |
| Refinancing |
72 | $15,676,000 |
$217,000 | $3,000,000 |
$102,000 | $1,425,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $42,000 |
$42,000 | $42,000 |
$795,000 | $795,000 |
| Black or African American |
6 | $618,000 |
$103,000 | $234,000 |
$41,000 | $76,000 |
| Hispanic |
2 | $715,000 |
$357,000 | $700,000 |
$34,000 | $68,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
32 | $23,242,000 |
$726,000 | $1,563,000 |
$8,000 | $277,000 |
| Not Provided |
2 | $40,000 |
$20,000 | $36,000 |
$39,000 | $42,000 |
| White |
154 | $20,660,000 |
$134,000 | $3,000,000 |
$97,000 | $1,425,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
197 | $45,317,000 |
$230,000 | $3,000,000 |
$83,000 | $1,425,000 |
| 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 |
10 | $3,507,000 |
$350,000 | $1,100,000 |
$85,000 | $332,000 |
| Application Denied By Financial Institution |
26 | $1,847,000 |
$71,000 | $620,000 |
$43,000 | $150,000 |
| Application Withdrawn By Applicant |
24 | $3,604,000 |
$150,000 | $320,000 |
$72,000 | $267,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
133 | $35,264,000 |
$265,000 | $3,000,000 |
$93,000 | $1,425,000 |
| 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 |
4 | $1,095,000 |
$273,000 | $500,000 |
$99,000 | $157,000 |
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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 MARATHON BANK by:
Metropolitan Area And
County
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