First American Bank
Mortgage Loan Application
Totals and Details
for 2008
Find mortgage loan statistics, lending data, and loan application totals for North Carolina.
The mortgage statistics and data below are specific to mortgage loan applications for First American Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | First American Bank 301 Fayetteville Street, Suite 1200 Raleigh, NC 27601 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,443 |
| Total Mortgage Loan Application Amount | $292,082,000 |
| Average Mortgage Loan Application Amount | $154,666 |
| Highest Mortgage Loan Application Amount | $6,125,000 |
| Average Applicant Income | $102,000 |
| Highest Applicant Income | $6,776,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in NC, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Jefferson County Alabama | 309 | $ 84,357,000 | $ 273,000 | $ 157,000 |
| Madison County Alabama | 293 | $ 63,224,000 | $ 215,000 | $ 106,000 |
| Morgan County Alabama | 169 | $ 22,269,000 | $ 131,000 | $ 89,000 |
| Lee County Alabama | 123 | $ 28,285,000 | $ 229,000 | $ 153,000 |
| Limestone County Alabama | 98 | $ 15,553,000 | $ 158,000 | $ 78,000 |
| Shelby County Alabama | 87 | $ 18,396,000 | $ 211,000 | $ 117,000 |
| Tallapoosa County Alabama | 55 | $ 4,869,000 | $ 88,000 | $ 69,000 |
| Talladega County Alabama | 39 | $ 3,514,000 | $ 90,000 | $ 63,000 |
| St. Clair County Alabama | 32 | $ 4,778,000 | $ 149,000 | $ 69,000 |
| Clay County Alabama | 20 | $ 1,353,000 | $ 67,000 | $ 73,000 |
| Baldwin County Alabama | 19 | $ 3,949,000 | $ 207,000 | $ 256,000 |
| Lawrence County Alabama | 18 | $ 1,867,000 | $ 103,000 | $ 61,000 |
| Chambers County Alabama | 11 | $ 1,929,000 | $ 175,000 | $ 67,000 |
| Marshall County Alabama | 9 | $ 5,036,000 | $ 559,000 | $ 112,000 |
| Escambia County Florida | 8 | $ 918,000 | $ 114,000 | $ 45,000 |
| Osceola County Florida | 8 | $ 1,273,000 | $ 159,000 | $ 68,000 |
| Lincoln County Tennessee | 8 | $ 777,000 | $ 97,000 | $ 53,000 |
| Cullman County Alabama | 7 | $ 4,686,000 | $ 669,000 | $ 536,000 |
| Alachua County Florida | 7 | $ 1,381,000 | $ 197,000 | $ 87,000 |
| Santa Rosa County Florida | 7 | $ 1,160,000 | $ 165,000 | $ 67,000 |
| Volusia County Florida | 7 | $ 1,042,000 | $ 148,000 | $ 89,000 |
| Lauderdale County Alabama | 6 | $ 1,120,000 | $ 186,000 | $ 145,000 |
| Macon County Alabama | 5 | $ 236,000 | $ 47,000 | $ 51,000 |
| Lake County Florida | 5 | $ 926,000 | $ 185,000 | $ 57,000 |
| Blount County Alabama | 4 | $ 669,000 | $ 167,000 | $ 43,000 |
| Mobile County Alabama | 4 | $ 590,000 | $ 147,000 | $ 62,000 |
| Tuscaloosa County Alabama | 4 | $ 606,000 | $ 151,000 | $ 101,000 |
| Paulding County Georgia | 4 | $ 919,000 | $ 229,000 | $ 87,000 |
| Calhoun County Alabama | 3 | $ 1,204,000 | $ 401,000 | $ 20,000 |
| Chilton County Alabama | 3 | $ 530,000 | $ 176,000 | $ 63,000 |
| Escambia County Alabama | 3 | $ 383,000 | $ 127,000 | $ 62,000 |
| Montgomery County Alabama | 3 | $ 477,000 | $ 159,000 | $ 97,000 |
| Winston County Alabama | 3 | $ 395,000 | $ 131,000 | $ 86,000 |
| Clay County Florida | 3 | $ 567,000 | $ 189,000 | $ 56,000 |
| Giles County Tennessee | 3 | $ 175,000 | $ 58,000 | $ 37,000 |
| Bibb County Alabama | 2 | $ 268,000 | $ 134,000 | $ 82,000 |
| Conecuh County Alabama | 2 | $ 216,000 | $ 108,000 | $ 26,000 |
| Elmore County Alabama | 2 | $ 1,146,000 | $ 573,000 | $ 458,000 |
| Etowah County Alabama | 2 | $ 381,000 | $ 190,000 | $ 58,000 |
| Randolph County Alabama | 2 | $ 51,000 | $ 25,000 | $ 49,000 |
| Bay County Florida | 2 | $ 393,000 | $ 196,000 | $ 148,000 |
| Brevard County Florida | 2 | $ 324,000 | $ 162,000 | $ 87,000 |
| Flagler County Florida | 2 | $ 251,000 | $ 125,000 | $ 88,000 |
| Okaloosa County Florida | 2 | $ 1,446,000 | $ 723,000 | $ 240,000 |
| Cobb County Georgia | 2 | $ 272,000 | $ 136,000 | $ 70,000 |
| Shelby County Tennessee | 2 | $ 365,000 | $ 182,000 | $ 63,000 |
| Autauga County Alabama | 1 | $ 102,000 | $ 102,000 | $ 98,000 |
| Butler County Alabama | 1 | $ 33,000 | $ 33,000 | $ 36,000 |
| Hale County Alabama | 1 | $ 208,000 | $ 208,000 | $ 228,000 |
| Marion County Alabama | 1 | $ 108,000 | $ 108,000 | $ 95,000 |
| Pike County Alabama | 1 | $ 117,000 | $ 117,000 | $ 36,000 |
| Russell County Alabama | 1 | $ 5,000 | $ 5,000 | $ 85,000 |
| Walker County Alabama | 1 | $ 144,000 | $ 144,000 | $ 59,000 |
| Pulaski County Arkansas | 1 | $ 285,000 | $ 285,000 | $ 122,000 |
| Dixie County Florida | 1 | $ 200,000 | $ 200,000 | $ 146,000 |
| Hillsborough County Florida | 1 | $ 226,000 | $ 226,000 | $ 125,000 |
| Indian River County Florida | 1 | $ 66,000 | $ 66,000 | $ 89,000 |
| Lee County Florida | 1 | $ 325,000 | $ 325,000 | $ 368,000 |
| Orange County Florida | 1 | $ 186,000 | $ 186,000 | $ 84,000 |
| Polk County Florida | 1 | $ 150,000 | $ 150,000 | $ 42,000 |
| St. Johns County Florida | 1 | $ 417,000 | $ 417,000 | $ 669,000 |
| Sumter County Florida | 1 | $ 90,000 | $ 90,000 | $ 28,000 |
| Taylor County Florida | 1 | $ 156,000 | $ 156,000 | $ 27,000 |
| Walton County Florida | 1 | $ 1,403,000 | $ 1,403,000 | $ 110,000 |
| Douglas County Georgia | 1 | $ 186,000 | $ 186,000 | $ 66,000 |
| Fannin County Georgia | 1 | $ 150,000 | $ 150,000 | $ 136,000 |
| Fayette County Georgia | 1 | $ 266,000 | $ 266,000 | $ 97,000 |
| Muscogee County Georgia | 1 | $ 72,000 | $ 72,000 | $ 55,000 |
| Washington County Kentucky | 1 | $ 240,000 | $ 240,000 | $ 396,000 |
| Harrison County Mississippi | 1 | $ 300,000 | $ 300,000 | $ 361,000 |
| Lafayette County Mississippi | 1 | $ 334,000 | $ 334,000 | $ 308,000 |
| Macon County North Carolina | 1 | $ 533,000 | $ 533,000 | $ 215,000 |
| Mecklenburg County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 38,000 |
| Aiken County South Carolina | 1 | $ 100,000 | $ 100,000 | $ 79,000 |
| Davidson County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 62,000 |
| Lawrence County Tennessee | 1 | $ 45,000 | $ 45,000 | $ 100,000 |
| Marshall County Tennessee | 1 | $ 186,000 | $ 186,000 | $ 182,000 |
| Montgomery County Tennessee | 1 | $ 100,000 | $ 100,000 | $ 63,000 |
| Tipton County Tennessee | 1 | $ 148,000 | $ 148,000 | $ 38,000 |
| Williamson County Tennessee | 1 | $ 315,000 | $ 315,000 | $ 321,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of North Carolina,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for First American Bank in 2008
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 723 | $144,924,000 | $200,000 | $5,275,000 | $110,000 | $6,776,000 |
| Refinancing | 634 | $143,819,000 | $226,000 | $6,125,000 | $130,000 | $4,000,000 |
| Home Improvement | 86 | $3,339,000 | $38,000 | $397,000 | $66,000 | $945,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 1,199 | $232,959,000 | $194,000 | $4,025,000 | $128,000 | $6,776,000 |
| Black or African American | 130 | $20,359,000 | $156,000 | $1,300,000 | $71,000 | $1,000,000 |
| Not applicable | 66 | $31,540,000 | $477,000 | $6,125,000 | $0 | $0 |
| Hispanic | 20 | $3,744,000 | $187,000 | $683,000 | $108,000 | $416,000 |
| Asian | 12 | $1,582,000 | $131,000 | $255,000 | $88,000 | $306,000 |
| Not Provided | 12 | $1,234,000 | $102,000 | $231,000 | $82,000 | $172,000 |
| American Indian or Alaskan Native | 2 | $170,000 | $85,000 | $90,000 | $45,000 | $62,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $494,000 | $247,000 | $371,000 | $68,000 | $96,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,225 | $260,882,000 | $212,000 | $6,125,000 | $126,000 | $6,776,000 |
| FHA-insured (Federal Housing Administration) | 171 | $22,022,000 | $128,000 | $271,000 | $53,000 | $155,000 |
| VA-guaranteed (Veterans Administration) | 35 | $7,609,000 | $217,000 | $410,000 | $86,000 | $222,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 12 | $1,569,000 | $130,000 | $184,000 | $42,000 | $59,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 1,270 | $260,960,000 | $205,000 | $6,125,000 | $121,000 | $6,776,000 |
| Application Denied By Financial Institution | 93 | $12,653,000 | $136,000 | $922,000 | $56,000 | $202,000 |
| Application Withdrawn By Applicant | 55 | $11,723,000 | $213,000 | $750,000 | $96,000 | $317,000 |
| Application Approved But Not Accepted | 18 | $5,599,000 | $311,000 | $1,403,000 | $117,000 | $368,000 |
| File Closed For Incompleteness | 7 | $1,147,000 | $163,000 | $200,000 | $77,000 | $101,000 |
| 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 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 49 | $6,163,000 | $125,000 | $922,000 | $57,000 | $172,000 |
| Debt-To-Income Ratio | 20 | $2,564,000 | $128,000 | $279,000 | $37,000 | $96,000 |
| Other | 10 | $2,274,000 | $227,000 | $661,000 | $89,000 | $202,000 |
| Collateral | 6 | $1,004,000 | $167,000 | $229,000 | $70,000 | $137,000 |
| Employment History | 4 | $360,000 | $90,000 | $175,000 | $36,000 | $60,000 |
| Unverifiable Information | 3 | $222,000 | $74,000 | $141,000 | $43,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $66,000 | $66,000 | $66,000 | $89,000 | $89,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in NC, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in North Carolina, and search similar information at your convenience.