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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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WEST POINT BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WEST POINT BANK |
| Address | 502 W. DIXIE AVE.
ELIZABETHTOWN, KY 42701 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 287 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,081,000 |
| Average Mortgage Loan Amount Applied For | $90,375 |
| Highest Mortgage Loan Amount Applied For | $422,000 |
| Average Applicant Income | $70,937 |
| Highest Applicant Income | $345,000 |
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| Home Improvement |
42 | $916,000 |
$21,000 | $146,000 |
$58,000 | $143,000 |
| Home Purchase |
110 | $7,674,000 |
$69,000 | $218,000 |
$75,000 | $345,000 |
| Refinancing |
135 | $10,491,000 |
$77,000 | $422,000 |
$66,000 | $326,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $220,000 |
$110,000 | $204,000 |
$16,000 | $21,000 |
| Black or African American |
20 | $1,523,000 |
$76,000 | $142,000 |
$182,000 | $304,000 |
| Hispanic |
3 | $226,000 |
$75,000 | $120,000 |
$35,000 | $70,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
19 | $1,784,000 |
$93,000 | $326,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
243 | $15,328,000 |
$63,000 | $422,000 |
$65,000 | $345,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
287 | $19,081,000 |
$66,000 | $422,000 |
$68,000 | $345,000 |
| 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 |
1 | $108,000 |
$108,000 | $108,000 |
$80,000 | $80,000 |
| Application Denied By Financial Institution |
33 | $1,996,000 |
$60,000 | $210,000 |
$37,000 | $102,000 |
| Application Withdrawn By Applicant |
12 | $416,000 |
$34,000 | $85,000 |
$54,000 | $200,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
241 | $16,561,000 |
$68,000 | $422,000 |
$73,000 | $345,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 WEST POINT BANK by:
Metropolitan Area And
County
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