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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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ADVANTAGE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ADVANTAGE BANK |
| Address | 814 WHEELING AVE
CAMBRIDGE, OH 43725 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 2,298 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $250,470,000 |
| Average Mortgage Loan Amount Applied For | $142,175 |
| Highest Mortgage Loan Amount Applied For | $2,224,000 |
| Average Applicant Income | $67,962 |
| Highest Applicant Income | $829,000 |
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| Home Improvement |
29 | $1,377,000 |
$29,000 | $480,000 |
$39,000 | $99,000 |
| Home Purchase |
1,092 | $125,109,000 |
$151,166 | $1,224,000 |
$80,833 | $746,000 |
| Refinancing |
1,178 | $123,999,000 |
$91,166 | $2,224,000 |
$78,333 | $829,000 |
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| American Indian or Alaskan Native |
1 | $34,000 |
$34,000 | $34,000 |
$257,000 | $257,000 |
| Asian |
14 | $1,917,000 |
$166,333 | $304,000 |
$148,000 | $409,000 |
| Black or African American |
37 | $2,971,000 |
$101,000 | $184,000 |
$63,000 | $142,000 |
| Hispanic |
6 | $488,000 |
$64,333 | $209,000 |
$58,000 | $103,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
31 | $12,763,000 |
$285,500 | $2,224,000 |
$40,000 | $117,000 |
| Not Provided |
69 | $7,980,000 |
$116,250 | $735,000 |
$77,000 | $520,000 |
| White |
2,141 | $224,332,000 |
$122,750 | $1,050,000 |
$79,125 | $829,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,299 | $250,485,000 |
$123,625 | $2,224,000 |
$79,000 | $829,000 |
| 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 |
31 | $3,606,000 |
$145,666 | $323,000 |
$63,666 | $228,000 |
| Application Denied By Financial Institution |
111 | $11,042,000 |
$99,000 | $1,000,000 |
$64,000 | $203,000 |
| Application Withdrawn By Applicant |
166 | $19,429,000 |
$108,666 | $440,000 |
$76,333 | $746,000 |
| File Closed For Incompleteness |
11 | $983,000 |
$94,333 | $174,000 |
$60,333 | $248,000 |
| Loan Originated |
1,980 | $215,425,000 |
$123,375 | $2,224,000 |
$80,000 | $829,000 |
| 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 |
22 | $2,094,000 |
$161,333 | $286,000 |
$114,666 | $203,000 |
| Credit Application Incomplete |
4 | $283,000 |
$75,500 | $112,000 |
$30,000 | $65,000 |
| Credit History |
56 | $4,756,000 |
$83,333 | $176,000 |
$57,666 | $161,000 |
| Debt-To-Income Ratio |
17 | $1,925,000 |
$108,000 | $224,000 |
$62,666 | $148,000 |
| Employment History |
2 | $157,000 |
$78,000 | $108,000 |
$45,000 | $48,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $1,408,000 |
$256,000 | $1,000,000 |
$46,500 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5 | $419,000 |
$70,500 | $128,000 |
$73,500 | $98,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ADVANTAGE BANK by:
Metropolitan Area And
County
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