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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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BANK MUTUAL
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK MUTUAL |
| Address | 4949 W BROWN DEER RD
MILWAUKEE, WI 53224 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,911 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $494,026,000 |
| Average Mortgage Loan Amount Applied For | $244,594 |
| Highest Mortgage Loan Amount Applied For | $22,000,000 |
| Average Applicant Income | $75,445 |
| Highest Applicant Income | $1,475,000 |
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| Home Improvement |
587 | $29,669,000 |
$50,000 | $585,000 |
$67,000 | $395,000 |
| Home Purchase |
1,399 | $315,113,000 |
$225,000 | $22,000,000 |
$73,000 | $1,475,000 |
| Refinancing |
1,120 | $176,449,000 |
$157,000 | $17,000,000 |
$70,000 | $926,000 |
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| American Indian or Alaskan Native |
6 | $415,000 |
$69,000 | $111,000 |
$50,000 | $98,000 |
| Asian |
47 | $10,675,000 |
$227,000 | $920,000 |
$79,000 | $751,000 |
| Black or African American |
74 | $8,105,000 |
$109,000 | $820,000 |
$101,000 | $1,475,000 |
| Hispanic |
85 | $12,834,000 |
$150,000 | $800,000 |
$83,000 | $893,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
27 | $102,778,000 |
$3,806,000 | $22,000,000 |
$0 | $0 |
| Not Provided |
42 | $5,447,000 |
$129,000 | $600,000 |
$83,000 | $206,000 |
| White |
2,825 | $380,977,000 |
$134,000 | $1,552,000 |
$70,000 | $1,106,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,106 | $521,231,000 |
$167,000 | $22,000,000 |
$71,000 | $1,475,000 |
| 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 |
57 | $12,202,000 |
$214,000 | $2,580,000 |
$84,000 | $751,000 |
| Application Denied By Financial Institution |
98 | $9,279,000 |
$94,000 | $772,000 |
$48,000 | $157,000 |
| Application Withdrawn By Applicant |
110 | $11,568,000 |
$105,000 | $425,000 |
$64,000 | $245,000 |
| File Closed For Incompleteness |
2 | $193,000 |
$96,000 | $172,000 |
$71,000 | $99,000 |
| Loan Originated |
2,394 | $400,150,000 |
$167,000 | $22,000,000 |
$80,000 | $1,475,000 |
| Loan Purchased By The Institution |
249 | $60,455,000 |
$242,000 | $750,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
147 | $21,638,000 |
$147,000 | $417,000 |
$59,000 | $158,000 |
| Preapproval Denied by Financial Institution |
49 | $5,746,000 |
$117,000 | $428,000 |
$40,000 | $105,000 |
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| Collateral |
7 | $1,377,000 |
$196,000 | $772,000 |
$43,000 | $101,000 |
| Credit Application Incomplete |
7 | $752,000 |
$107,000 | $142,000 |
$45,000 | $56,000 |
| Credit History |
55 | $4,728,000 |
$85,000 | $265,000 |
$48,000 | $104,000 |
| Debt-To-Income Ratio |
64 | $6,629,000 |
$103,000 | $514,000 |
$39,000 | $110,000 |
| Employment History |
7 | $812,000 |
$116,000 | $367,000 |
$48,000 | $90,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $148,000 |
$148,000 | $148,000 |
$103,000 | $103,000 |
| Mortgage Insurance Denied |
2 | $136,000 |
$68,000 | $86,000 |
$108,000 | $157,000 |
| Other |
4 | $443,000 |
$110,000 | $222,000 |
$62,000 | $77,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BANK MUTUAL by:
Metropolitan Area And
County
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