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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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ARTISANS' BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ARTISANS' BANK |
| Address | 223 WEST NINTH STREET
WILMINGTON, DE 19801 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 276 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,677,000 |
| Average Mortgage Loan Amount Applied For | $180,500 |
| Highest Mortgage Loan Amount Applied For | $2,771,000 |
| Average Applicant Income | $80,875 |
| Highest Applicant Income | $624,000 |
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| Home Improvement |
183 | $9,948,000 |
$54,000 | $925,000 |
$76,000 | $472,000 |
| Home Purchase |
64 | $17,241,000 |
$269,000 | $2,771,000 |
$82,000 | $624,000 |
| Refinancing |
35 | $4,726,000 |
$135,000 | $284,000 |
$70,000 | $423,000 |
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| American Indian or Alaskan Native |
1 | $12,000 |
$12,000 | $12,000 |
$44,000 | $44,000 |
| Asian |
7 | $869,000 |
$124,000 | $300,000 |
$88,000 | $158,000 |
| Black or African American |
15 | $1,519,000 |
$101,000 | $197,000 |
$52,000 | $104,000 |
| Hispanic |
7 | $431,000 |
$61,000 | $200,000 |
$44,000 | $66,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $12,000 |
$12,000 | $12,000 |
$41,000 | $41,000 |
| Not applicable |
21 | $7,958,000 |
$378,000 | $2,771,000 |
$0 | $0 |
| Not Provided |
13 | $1,205,000 |
$92,000 | $270,000 |
$110,000 | $423,000 |
| White |
217 | $19,909,000 |
$91,000 | $714,000 |
$85,000 | $624,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
282 | $31,915,000 |
$113,000 | $2,771,000 |
$77,000 | $624,000 |
| 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 |
22 | $6,064,000 |
$275,000 | $2,771,000 |
$108,000 | $466,000 |
| Application Denied By Financial Institution |
15 | $1,267,000 |
$84,000 | $270,000 |
$76,000 | $472,000 |
| Application Withdrawn By Applicant |
20 | $1,329,000 |
$66,000 | $244,000 |
$50,000 | $185,000 |
| File Closed For Incompleteness |
3 | $90,000 |
$30,000 | $40,000 |
$67,000 | $98,000 |
| Loan Originated |
216 | $21,927,000 |
$101,000 | $925,000 |
$77,000 | $624,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
5 | $1,108,000 |
$221,000 | $360,000 |
$55,000 | $94,000 |
| Preapproval Denied by Financial Institution |
1 | $130,000 |
$130,000 | $130,000 |
$48,000 | $48,000 |
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| Collateral |
4 | $347,000 |
$86,000 | $270,000 |
$48,000 | $110,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $525,000 |
$75,000 | $140,000 |
$117,000 | $472,000 |
| Debt-To-Income Ratio |
2 | $57,000 |
$28,000 | $50,000 |
$51,000 | $68,000 |
| 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 |
3 | $468,000 |
$156,000 | $241,000 |
$27,000 | $42,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ARTISANS' BANK by:
Metropolitan Area And
County
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