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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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ADAMS CO-OPERATIVE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ADAMS CO-OPERATIVE BANK |
| Address | 93 PARK STREET
ADAMS, MA 01220 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 262 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,585,000 |
| Average Mortgage Loan Amount Applied For | $126,833 |
| Highest Mortgage Loan Amount Applied For | $1,800,000 |
| Average Applicant Income | $79,000 |
| Highest Applicant Income | $270,000 |
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| Home Improvement |
82 | $6,560,000 |
$80,000 | $700,000 |
$64,000 | $232,000 |
| Home Purchase |
102 | $14,666,000 |
$143,000 | $536,000 |
$68,000 | $270,000 |
| Refinancing |
78 | $9,359,000 |
$119,000 | $1,800,000 |
$58,000 | $173,000 |
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| American Indian or Alaskan Native |
2 | $42,000 |
$21,000 | $30,000 |
$20,000 | $26,000 |
| Asian |
2 | $174,000 |
$87,000 | $94,000 |
$62,000 | $64,000 |
| Black or African American |
1 | $9,000 |
$9,000 | $9,000 |
$54,000 | $54,000 |
| Hispanic |
1 | $22,000 |
$22,000 | $22,000 |
$16,000 | $16,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $1,800,000 |
$1,800,000 | $1,800,000 |
$0 | $0 |
| Not Provided |
5 | $870,000 |
$174,000 | $280,000 |
$143,000 | $270,000 |
| White |
250 | $27,668,000 |
$110,000 | $700,000 |
$63,000 | $232,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
262 | $30,585,000 |
$116,000 | $1,800,000 |
$64,000 | $270,000 |
| 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 |
15 | $1,274,000 |
$84,000 | $175,000 |
$59,000 | $105,000 |
| Application Denied By Financial Institution |
29 | $2,717,000 |
$93,000 | $250,000 |
$51,000 | $93,000 |
| Application Withdrawn By Applicant |
5 | $525,000 |
$105,000 | $161,000 |
$42,000 | $89,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
213 | $26,069,000 |
$122,000 | $1,800,000 |
$67,000 | $270,000 |
| 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 ADAMS CO-OPERATIVE BANK by:
Metropolitan Area And
County
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