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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 | 16901 PANAMA CITY BEACH PARKWAY
PANAMA CITY BEACH, FL 32413 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 349 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $89,133,000 |
| Average Mortgage Loan Amount Applied For | $222,730 |
| Highest Mortgage Loan Amount Applied For | $2,040,000 |
| Average Applicant Income | $256,730 |
| Highest Applicant Income | $6,459,000 |
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| Home Improvement |
5 | $341,000 |
$68,000 | $234,000 |
$40,000 | $149,000 |
| Home Purchase |
189 | $46,326,000 |
$245,000 | $2,040,000 |
$220,000 | $4,342,000 |
| Refinancing |
155 | $42,466,000 |
$273,000 | $1,375,000 |
$230,000 | $6,459,000 |
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| American Indian or Alaskan Native |
1 | $160,000 |
$160,000 | $160,000 |
$34,000 | $34,000 |
| Asian |
9 | $1,907,000 |
$211,000 | $580,000 |
$106,000 | $392,000 |
| Black or African American |
4 | $662,000 |
$165,000 | $305,000 |
$73,000 | $149,000 |
| Hispanic |
11 | $1,925,000 |
$175,000 | $500,000 |
$84,000 | $179,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
3 | $1,478,000 |
$492,000 | $1,344,000 |
$424,000 | $1,038,000 |
| Not Provided |
8 | $3,576,000 |
$447,000 | $1,500,000 |
$348,000 | $1,366,000 |
| White |
313 | $79,425,000 |
$253,000 | $2,040,000 |
$228,000 | $6,459,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
345 | $88,525,000 |
$256,000 | $2,040,000 |
$224,000 | $6,459,000 |
| FHA-insured (Federal Housing Administration) |
1 | $67,000 |
$67,000 | $67,000 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $541,000 |
$180,000 | $224,000 |
$55,000 | $65,000 |
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| Application Approved But Not Accepted |
31 | $6,789,000 |
$219,000 | $1,750,000 |
$245,000 | $4,342,000 |
| Application Denied By Financial Institution |
22 | $3,016,000 |
$137,000 | $450,000 |
$42,000 | $103,000 |
| Application Withdrawn By Applicant |
78 | $23,103,000 |
$296,000 | $2,040,000 |
$192,000 | $1,993,000 |
| File Closed For Incompleteness |
9 | $2,159,000 |
$239,000 | $445,000 |
$121,000 | $520,000 |
| Loan Originated |
209 | $54,066,000 |
$258,000 | $1,350,000 |
$253,000 | $6,459,000 |
| 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 |
4 | $597,000 |
$149,000 | $234,000 |
$25,000 | $70,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
12 | $1,422,000 |
$118,000 | $285,000 |
$49,000 | $75,000 |
| Debt-To-Income Ratio |
2 | $490,000 |
$245,000 | $450,000 |
$65,000 | $103,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $239,000 |
$119,000 | $191,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $268,000 |
$134,000 | $146,000 |
$52,000 | $63,000 |
| 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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