|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
BANGOR SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
BANGOR SAVINGS BANK |
| Address | PO BOX 930
BANGOR, ME 04402 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,913 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $203,998,000 |
| Average Mortgage Loan Amount Applied For | $127,941 |
| Highest Mortgage Loan Amount Applied For | $5,500,000 |
| Average Applicant Income | $66,411 |
| Highest Applicant Income | $772,000 |
|
|
|
| Home Improvement |
406 | $15,290,000 |
$37,000 | $640,000 |
$50,000 | $468,000 |
| Home Purchase |
1,214 | $149,456,000 |
$123,000 | $2,000,000 |
$58,000 | $772,000 |
| Refinancing |
394 | $49,687,000 |
$126,000 | $5,500,000 |
$57,000 | $590,000 |
|
|
| American Indian or Alaskan Native |
21 | $1,463,000 |
$69,000 | $181,000 |
$38,000 | $98,000 |
| Asian |
11 | $2,021,000 |
$183,000 | $427,000 |
$106,000 | $244,000 |
| Black or African American |
7 | $664,000 |
$94,000 | $140,000 |
$50,000 | $106,000 |
| Hispanic |
12 | $1,350,000 |
$112,000 | $215,000 |
$45,000 | $88,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $79,000 |
$39,000 | $49,000 |
$19,000 | $19,000 |
| Not applicable |
205 | $29,645,000 |
$144,000 | $5,500,000 |
$0 | $0 |
| Not Provided |
88 | $9,387,000 |
$106,000 | $750,000 |
$83,000 | $468,000 |
| White |
1,668 | $169,824,000 |
$101,000 | $1,230,000 |
$62,000 | $772,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,838 | $195,334,000 |
$106,000 | $5,500,000 |
$57,000 | $772,000 |
| FHA-insured (Federal Housing Administration) |
24 | $2,724,000 |
$113,000 | $207,000 |
$52,000 | $103,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
117 | $11,677,000 |
$99,000 | $235,000 |
$36,000 | $93,000 |
| VA-guaranteed (Veterans Administration) |
35 | $4,698,000 |
$134,000 | $265,000 |
$51,000 | $114,000 |
|
|
| Application Approved But Not Accepted |
86 | $9,801,000 |
$113,000 | $1,230,000 |
$62,000 | $255,000 |
| Application Denied By Financial Institution |
249 | $28,326,000 |
$113,000 | $5,500,000 |
$43,000 | $277,000 |
| Application Withdrawn By Applicant |
60 | $9,463,000 |
$157,000 | $1,063,000 |
$54,000 | $284,000 |
| File Closed For Incompleteness |
2 | $500,000 |
$250,000 | $400,000 |
$415,000 | $772,000 |
| Loan Originated |
1,336 | $144,072,000 |
$107,000 | $1,500,000 |
$66,000 | $590,000 |
| Loan Purchased By The Institution |
173 | $10,964,000 |
$63,000 | $259,000 |
$3,000 | $232,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
108 | $11,307,000 |
$104,000 | $620,000 |
$40,000 | $129,000 |
|
|
| Collateral |
20 | $2,932,000 |
$146,000 | $500,000 |
$77,000 | $277,000 |
| Credit Application Incomplete |
1 | $77,000 |
$77,000 | $77,000 |
$43,000 | $43,000 |
| Credit History |
125 | $12,854,000 |
$102,000 | $5,500,000 |
$41,000 | $246,000 |
| Debt-To-Income Ratio |
69 | $9,449,000 |
$136,000 | $2,000,000 |
$33,000 | $112,000 |
| Employment History |
3 | $303,000 |
$101,000 | $145,000 |
$30,000 | $52,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
23 | $1,927,000 |
$83,000 | $370,000 |
$53,000 | $174,000 |
| Unverifiable Information |
1 | $56,000 |
$56,000 | $56,000 |
$52,000 | $52,000 |
|
Mortgage Loan App Totals for BANGOR SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
