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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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VOLUNTEER STATE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
VOLUNTEER STATE BANK |
| Address | 101 HWY 52 WEST STREET
PORTLAND, TN 37148 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 173 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,227,000 |
| Average Mortgage Loan Amount Applied For | $119,625 |
| Highest Mortgage Loan Amount Applied For | $640,000 |
| Average Applicant Income | $91,375 |
| Highest Applicant Income | $613,000 |
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| Home Improvement |
51 | $1,007,000 |
$19,000 | $172,000 |
$59,000 | $315,000 |
| Home Purchase |
52 | $6,172,000 |
$118,000 | $640,000 |
$69,000 | $395,000 |
| Refinancing |
77 | $6,247,000 |
$81,000 | $449,000 |
$100,000 | $613,000 |
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| American Indian or Alaskan Native |
2 | $360,000 |
$180,000 | $349,000 |
$34,000 | $46,000 |
| Asian |
1 | $200,000 |
$200,000 | $200,000 |
$85,000 | $85,000 |
| Black or African American |
15 | $852,000 |
$56,000 | $186,000 |
$197,000 | $613,000 |
| Hispanic |
2 | $65,000 |
$32,000 | $35,000 |
$117,000 | $140,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $559,000 |
$79,000 | $128,000 |
$7,000 | $52,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
153 | $11,390,000 |
$74,000 | $640,000 |
$71,000 | $460,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
180 | $13,426,000 |
$74,000 | $640,000 |
$79,000 | $613,000 |
| 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 |
12 | $768,000 |
$64,000 | $349,000 |
$39,000 | $120,000 |
| Application Withdrawn By Applicant |
4 | $363,000 |
$90,000 | $216,000 |
$47,000 | $72,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
164 | $12,295,000 |
$74,000 | $640,000 |
$83,000 | $613,000 |
| 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 | $30,000 |
$30,000 | $30,000 |
$82,000 | $82,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $206,000 |
$34,000 | $76,000 |
$30,000 | $50,000 |
| Debt-To-Income Ratio |
4 | $183,000 |
$45,000 | $98,000 |
$46,000 | $120,000 |
| 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 VOLUNTEER STATE BANK by:
Metropolitan Area And
County
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