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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 | 226 LANDIS AVE
VINELAND, NJ 08360 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 47 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,581,000 |
| Average Mortgage Loan Amount Applied For | $230,500 |
| Highest Mortgage Loan Amount Applied For | $650,000 |
| Average Applicant Income | $69,800 |
| Highest Applicant Income | $900,000 |
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| Home Improvement |
8 | $1,068,000 |
$133,000 | $500,000 |
$144,000 | $900,000 |
| Home Purchase |
18 | $5,571,000 |
$399,000 | $650,000 |
$126,500 | $242,000 |
| Refinancing |
21 | $1,942,000 |
$63,500 | $350,000 |
$206,500 | $326,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $20,000 |
$20,000 | $20,000 |
$33,000 | $33,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
1 | $25,000 |
$25,000 | $25,000 |
$85,000 | $85,000 |
| Not applicable |
14 | $4,419,000 |
$315,000 | $650,000 |
$0 | $0 |
| Not Provided |
1 | $593,000 |
$593,000 | $593,000 |
$0 | $0 |
| White |
30 | $3,524,000 |
$186,000 | $500,000 |
$203,500 | $900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
47 | $8,581,000 |
$222,000 | $650,000 |
$172,500 | $900,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
33 | $4,162,000 |
$191,500 | $593,000 |
$192,000 | $900,000 |
| Loan Purchased By The Institution |
14 | $4,419,000 |
$315,000 | $650,000 |
$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 ADVANTAGE BANK by:
Metropolitan Area And
County
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