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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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VICTORY COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
VICTORY COMMUNITY BANK |
| Address | 2500 CHAMBER CENTER DRIVE
FT MITCHELL, KY 41017 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 485 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $74,783,000 |
| Average Mortgage Loan Amount Applied For | $158,903 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $103,451 |
| Highest Applicant Income | $960,000 |
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| Home Improvement |
2 | $101,000 |
$50,000 | $76,000 |
$82,000 | $111,000 |
| Home Purchase |
315 | $46,851,000 |
$148,000 | $2,500,000 |
$78,000 | $469,000 |
| Refinancing |
169 | $27,911,000 |
$165,000 | $850,000 |
$102,000 | $960,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
8 | $1,072,000 |
$134,000 | $197,000 |
$99,000 | $211,000 |
| Black or African American |
16 | $1,814,000 |
$113,000 | $215,000 |
$89,000 | $121,000 |
| Hispanic |
3 | $340,000 |
$113,000 | $129,000 |
$78,000 | $139,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $373,000 |
$186,000 | $188,000 |
$41,000 | $42,000 |
| Not applicable |
8 | $3,786,000 |
$473,000 | $2,500,000 |
$0 | $5,000 |
| Not Provided |
19 | $3,344,000 |
$176,000 | $680,000 |
$78,000 | $395,000 |
| White |
430 | $64,134,000 |
$149,000 | $850,000 |
$88,000 | $960,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
486 | $74,863,000 |
$154,000 | $2,500,000 |
$86,000 | $960,000 |
| 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 |
14 | $2,527,000 |
$180,000 | $497,000 |
$46,000 | $139,000 |
| Application Denied By Financial Institution |
4 | $855,000 |
$213,000 | $500,000 |
$125,000 | $307,000 |
| Application Withdrawn By Applicant |
17 | $2,210,000 |
$130,000 | $417,000 |
$82,000 | $156,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
450 | $69,191,000 |
$153,000 | $2,500,000 |
$88,000 | $960,000 |
| 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 |
1 | $80,000 |
$80,000 | $80,000 |
$32,000 | $32,000 |
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| Collateral |
2 | $664,000 |
$332,000 | $500,000 |
$176,000 | $307,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $122,000 |
$61,000 | $80,000 |
$64,000 | $96,000 |
| Debt-To-Income Ratio |
1 | $149,000 |
$149,000 | $149,000 |
$52,000 | $52,000 |
| 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 VICTORY COMMUNITY BANK by:
Metropolitan Area And
County
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