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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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AMERICANTRUST FEDERAL SAVINGS
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICANTRUST FEDERAL SAVINGS |
| Address | PO BOX 105
PERU, IN 46970 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 217 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $14,621,000 |
| Average Mortgage Loan Amount Applied For | $63,500 |
| Highest Mortgage Loan Amount Applied For | $522,000 |
| Average Applicant Income | $67,200 |
| Highest Applicant Income | $911,000 |
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| Home Improvement |
11 | $244,000 |
$22,000 | $50,000 |
$81,000 | $200,000 |
| Home Purchase |
104 | $8,284,000 |
$79,000 | $522,000 |
$55,000 | $185,000 |
| Refinancing |
138 | $9,413,000 |
$68,000 | $400,000 |
$75,000 | $911,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $25,000 |
$25,000 | $25,000 |
$77,000 | $77,000 |
| Hispanic |
5 | $292,000 |
$58,000 | $108,000 |
$61,000 | $93,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
15 | $2,033,000 |
$135,000 | $522,000 |
$92,000 | $219,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
232 | $15,591,000 |
$67,000 | $249,000 |
$65,000 | $911,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
253 | $17,941,000 |
$70,000 | $522,000 |
$67,000 | $911,000 |
| 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 |
1 | $83,000 |
$83,000 | $83,000 |
$64,000 | $64,000 |
| Application Denied By Financial Institution |
39 | $3,074,000 |
$78,000 | $170,000 |
$57,000 | $140,000 |
| Application Withdrawn By Applicant |
41 | $3,108,000 |
$75,000 | $133,000 |
$72,000 | $911,000 |
| File Closed For Incompleteness |
19 | $1,555,000 |
$81,000 | $249,000 |
$53,000 | $138,000 |
| Loan Originated |
140 | $9,038,000 |
$64,000 | $522,000 |
$72,000 | $911,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
11 | $939,000 |
$85,000 | $150,000 |
$48,000 | $78,000 |
| Preapproval Denied by Financial Institution |
2 | $144,000 |
$72,000 | $124,000 |
$30,000 | $33,000 |
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| Collateral |
8 | $672,000 |
$84,000 | $170,000 |
$55,000 | $92,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
14 | $937,000 |
$66,000 | $152,000 |
$62,000 | $139,000 |
| Debt-To-Income Ratio |
5 | $569,000 |
$113,000 | $152,000 |
$72,000 | $115,000 |
| Employment History |
2 | $92,000 |
$46,000 | $55,000 |
$23,000 | $26,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $50,000 |
$50,000 | $50,000 |
$52,000 | $52,000 |
| Mortgage Insurance Denied |
9 | $724,000 |
$80,000 | $113,000 |
$47,000 | $140,000 |
| Other |
2 | $174,000 |
$87,000 | $87,000 |
$50,000 | $50,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICANTRUST FEDERAL SAVINGS by:
Metropolitan Area And
County
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