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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 POCA VALLEY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE POCA VALLEY BANK |
| Address | PO BOX 56
WALTON, WV 25286 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 468 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $31,217,000 |
| Average Mortgage Loan Amount Applied For | $76,520 |
| Highest Mortgage Loan Amount Applied For | $750,000 |
| Average Applicant Income | $45,920 |
| Highest Applicant Income | $300,000 |
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| Home Improvement |
10 | $412,000 |
$41,000 | $94,000 |
$60,000 | $112,000 |
| Home Purchase |
290 | $16,938,000 |
$58,000 | $317,000 |
$44,000 | $192,000 |
| Refinancing |
168 | $13,867,000 |
$82,000 | $750,000 |
$51,000 | $300,000 |
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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 | $4,000 |
$4,000 | $4,000 |
$45,000 | $45,000 |
| Hispanic |
2 | $279,000 |
$139,000 | $189,000 |
$52,000 | $59,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $40,000 |
$40,000 | $40,000 |
$40,000 | $40,000 |
| Not applicable |
3 | $238,000 |
$79,000 | $200,000 |
$39,000 | $76,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
461 | $30,656,000 |
$66,000 | $750,000 |
$47,000 | $300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
426 | $27,402,000 |
$64,000 | $750,000 |
$48,000 | $300,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
42 | $3,815,000 |
$90,000 | $189,000 |
$34,000 | $69,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
22 | $1,753,000 |
$79,000 | $328,000 |
$54,000 | $154,000 |
| Application Denied By Financial Institution |
102 | $5,901,000 |
$57,000 | $209,000 |
$36,000 | $137,000 |
| Application Withdrawn By Applicant |
37 | $2,600,000 |
$70,000 | $388,000 |
$57,000 | $300,000 |
| File Closed For Incompleteness |
13 | $1,771,000 |
$136,000 | $750,000 |
$56,000 | $165,000 |
| Loan Originated |
294 | $19,192,000 |
$65,000 | $479,000 |
$48,000 | $294,000 |
| 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 |
5 | $445,000 |
$89,000 | $209,000 |
$43,000 | $101,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
59 | $2,743,000 |
$46,000 | $104,000 |
$35,000 | $115,000 |
| Debt-To-Income Ratio |
23 | $1,647,000 |
$71,000 | $183,000 |
$39,000 | $137,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $102,000 |
$102,000 | $102,000 |
$60,000 | $60,000 |
| Other |
2 | $225,000 |
$112,000 | $184,000 |
$56,000 | $63,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE POCA VALLEY BANK by:
Metropolitan Area And
County
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