|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
ADVANTAGE BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
ADVANTAGE BANK |
| Address | 814 WHEELING AVE
CAMBRIDGE, OH 43725 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,397 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $145,664,000 |
| Average Mortgage Loan Amount Applied For | $119,923 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $80,320 |
| Highest Applicant Income | $633,000 |
|
|
|
| Home Improvement |
25 | $738,000 |
$29,000 | $150,000 |
$69,000 | $203,000 |
| Home Purchase |
675 | $76,437,000 |
$113,000 | $801,000 |
$81,000 | $633,000 |
| Refinancing |
698 | $68,641,000 |
$98,000 | $1,000,000 |
$75,000 | $406,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $759,000 |
$108,000 | $382,000 |
$103,000 | $342,000 |
| Black or African American |
24 | $1,680,000 |
$70,000 | $135,000 |
$78,000 | $187,000 |
| Hispanic |
9 | $558,000 |
$62,000 | $151,000 |
$52,000 | $89,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $102,000 |
$102,000 | $102,000 |
$32,000 | $32,000 |
| Not applicable |
14 | $2,765,000 |
$197,000 | $801,000 |
$101,000 | $244,000 |
| Not Provided |
48 | $5,948,000 |
$123,000 | $478,000 |
$76,000 | $275,000 |
| White |
1,295 | $134,004,000 |
$103,000 | $1,000,000 |
$78,000 | $633,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,396 | $145,650,000 |
$104,000 | $1,000,000 |
$78,000 | $633,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $166,000 |
$83,000 | $114,000 |
$39,000 | $52,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
13 | $1,480,000 |
$113,000 | $197,000 |
$72,000 | $186,000 |
| Application Denied By Financial Institution |
61 | $7,012,000 |
$114,000 | $801,000 |
$65,000 | $244,000 |
| Application Withdrawn By Applicant |
179 | $19,624,000 |
$109,000 | $550,000 |
$70,000 | $268,000 |
| File Closed For Incompleteness |
9 | $989,000 |
$109,000 | $206,000 |
$7,000 | $66,000 |
| Loan Originated |
1,136 | $116,711,000 |
$102,000 | $1,000,000 |
$81,000 | $633,000 |
| 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 |
|
|
| Collateral |
11 | $1,063,000 |
$96,000 | $177,000 |
$49,000 | $77,000 |
| Credit Application Incomplete |
3 | $888,000 |
$296,000 | $801,000 |
$161,000 | $244,000 |
| Credit History |
26 | $2,051,000 |
$78,000 | $306,000 |
$46,000 | $188,000 |
| Debt-To-Income Ratio |
16 | $2,399,000 |
$149,000 | $478,000 |
$80,000 | $180,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $148,000 |
$148,000 | $148,000 |
$144,000 | $144,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
4 | $463,000 |
$115,000 | $224,000 |
$82,000 | $160,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for ADVANTAGE BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
