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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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VILLAGE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
VILLAGE BANK |
| Address | 1231 ALVERSER DRIVE
MIDLOTHIAN, VA 23113 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 90 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $20,793,000 |
| Average Mortgage Loan Amount Applied For | $221,722 |
| Highest Mortgage Loan Amount Applied For | $6,000,000 |
| Average Applicant Income | $97,333 |
| Highest Applicant Income | $807,000 |
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| Home Improvement |
23 | $8,300,000 |
$360,000 | $6,000,000 |
$89,000 | $807,000 |
| Home Purchase |
43 | $10,370,000 |
$241,000 | $1,650,000 |
$67,000 | $400,000 |
| Refinancing |
24 | $2,123,000 |
$88,000 | $249,000 |
$70,000 | $196,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $170,000 |
$85,000 | $160,000 |
$97,000 | $139,000 |
| Black or African American |
10 | $1,324,000 |
$132,000 | $452,000 |
$85,000 | $214,000 |
| Hispanic |
2 | $236,000 |
$118,000 | $131,000 |
$190,000 | $225,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $244,000 |
$244,000 | $244,000 |
$48,000 | $48,000 |
| Not applicable |
30 | $13,701,000 |
$456,000 | $6,000,000 |
$0 | $0 |
| Not Provided |
4 | $550,000 |
$137,000 | $290,000 |
$65,000 | $139,000 |
| White |
41 | $4,568,000 |
$111,000 | $321,000 |
$119,000 | $807,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
90 | $20,793,000 |
$231,000 | $6,000,000 |
$73,000 | $807,000 |
| 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 |
7 | $6,722,000 |
$960,000 | $6,000,000 |
$41,000 | $155,000 |
| Application Denied By Financial Institution |
10 | $1,454,000 |
$145,000 | $321,000 |
$68,000 | $156,000 |
| Application Withdrawn By Applicant |
2 | $66,000 |
$33,000 | $51,000 |
$69,000 | $90,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
71 | $12,551,000 |
$176,000 | $1,650,000 |
$77,000 | $807,000 |
| 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 |
1 | $120,000 |
$120,000 | $120,000 |
$113,000 | $113,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $425,000 |
$70,000 | $180,000 |
$61,000 | $156,000 |
| Debt-To-Income Ratio |
3 | $909,000 |
$303,000 | $321,000 |
$69,000 | $145,000 |
| 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 VILLAGE BANK by:
Metropolitan Area And
County
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