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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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WOODSBORO BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
WOODSBORO BANK |
| Address | 5 N MAIN ST
WOODSBORO, MD 21798 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 50 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,367,000 |
| Average Mortgage Loan Amount Applied For | $263,846 |
| Highest Mortgage Loan Amount Applied For | $829,000 |
| Average Applicant Income | $138,692 |
| Highest Applicant Income | $575,000 |
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| Home Improvement |
6 | $1,466,000 |
$244,000 | $410,000 |
$63,000 | $90,000 |
| Home Purchase |
30 | $5,452,000 |
$181,000 | $548,000 |
$67,000 | $213,000 |
| Refinancing |
14 | $3,449,000 |
$246,000 | $829,000 |
$150,000 | $575,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $278,000 |
$139,000 | $150,000 |
$53,000 | $55,000 |
| Black or African American |
1 | $190,000 |
$190,000 | $190,000 |
$83,000 | $83,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $1,312,000 |
$218,000 | $548,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
41 | $8,587,000 |
$209,000 | $829,000 |
$105,000 | $575,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
50 | $10,367,000 |
$207,000 | $829,000 |
$90,000 | $575,000 |
| 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 |
6 | $1,210,000 |
$201,000 | $290,000 |
$78,000 | $115,000 |
| Application Denied By Financial Institution |
7 | $1,297,000 |
$185,000 | $410,000 |
$62,000 | $106,000 |
| Application Withdrawn By Applicant |
3 | $533,000 |
$177,000 | $268,000 |
$101,000 | $213,000 |
| File Closed For Incompleteness |
1 | $60,000 |
$60,000 | $60,000 |
$65,000 | $65,000 |
| Loan Originated |
33 | $7,267,000 |
$220,000 | $829,000 |
$97,000 | $575,000 |
| 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 | $87,000 |
$87,000 | $87,000 |
$46,000 | $46,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
6 | $1,210,000 |
$201,000 | $410,000 |
$65,000 | $106,000 |
| 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 WOODSBORO BANK by:
Metropolitan Area And
County
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