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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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VISION BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
VISION BANK |
| Address | P O BOX 4649
GULF SHORES, AL 36547 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 71 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,538,000 |
| Average Mortgage Loan Amount Applied For | $160,250 |
| Highest Mortgage Loan Amount Applied For | $427,000 |
| Average Applicant Income | $81,250 |
| Highest Applicant Income | $550,000 |
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| Home Improvement (one-to-four family) |
3 | $14,000 |
$4,000 | $10,000 |
$36,000 | $60,000 |
| Home Purchase (one-to-four family) |
48 | $7,304,000 |
$273,000 | $427,000 |
$111,500 | $550,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
20 | $2,220,000 |
$111,000 | $345,000 |
$93,000 | $206,000 |
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| American Indian or Alaskan Native |
2 | $198,000 |
$99,000 | $118,000 |
$71,000 | $106,000 |
| Asian or Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black |
1 | $1,000 |
$1,000 | $1,000 |
$30,000 | $30,000 |
| Hispanic |
1 | $50,000 |
$50,000 | $50,000 |
$550,000 | $550,000 |
| Information not provided by applicant in mail or telephone application |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $1,300,000 |
$185,000 | $427,000 |
$104,000 | $206,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
60 | $7,989,000 |
$264,000 | $404,000 |
$78,000 | $377,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
71 | $9,538,000 |
$265,000 | $427,000 |
$98,500 | $550,000 |
| 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 |
2 | $111,000 |
$55,000 | $110,000 |
$39,000 | $48,000 |
| Application Withdrawn By Applicant |
6 | $1,025,000 |
$170,000 | $345,000 |
$57,000 | $173,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
63 | $8,402,000 |
$264,500 | $427,000 |
$112,500 | $550,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $1,000 |
$1,000 | $1,000 |
$30,000 | $30,000 |
| Debt-To-Income Ratio |
1 | $110,000 |
$110,000 | $110,000 |
$48,000 | $48,000 |
| 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 VISION BANK by:
Metropolitan Area And
County
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