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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 OF FALL RIVER
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF FALL RIVER |
| Address | 30 BEDFORD STREET
FALL RIVER, MA 02720 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 105 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $13,984,000 |
| Average Mortgage Loan Amount Applied For | $262,800 |
| Highest Mortgage Loan Amount Applied For | $784,000 |
| Average Applicant Income | $87,200 |
| Highest Applicant Income | $292,000 |
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| Home Improvement |
19 | $1,181,000 |
$62,000 | $200,000 |
$74,000 | $198,000 |
| Home Purchase |
26 | $6,456,000 |
$248,000 | $734,000 |
$72,000 | $215,000 |
| Refinancing |
62 | $6,779,000 |
$109,000 | $784,000 |
$71,000 | $292,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $220,000 |
$220,000 | $220,000 |
$85,000 | $85,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $215,000 |
$215,000 | $215,000 |
$58,000 | $58,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $2,587,000 |
$369,000 | $784,000 |
$36,000 | $77,000 |
| Not Provided |
2 | $70,000 |
$35,000 | $60,000 |
$82,000 | $100,000 |
| White |
96 | $11,324,000 |
$117,000 | $734,000 |
$75,000 | $292,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
107 | $14,416,000 |
$134,000 | $784,000 |
$72,000 | $292,000 |
| 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 |
16 | $2,204,000 |
$137,000 | $734,000 |
$59,000 | $108,000 |
| Application Withdrawn By Applicant |
18 | $3,679,000 |
$204,000 | $784,000 |
$75,000 | $211,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
71 | $8,101,000 |
$114,000 | $510,000 |
$75,000 | $292,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
2 | $432,000 |
$216,000 | $217,000 |
$55,000 | $58,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $340,000 |
$170,000 | $275,000 |
$63,000 | $97,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $40,000 |
$20,000 | $30,000 |
$53,000 | $91,000 |
| Debt-To-Income Ratio |
11 | $1,514,000 |
$137,000 | $734,000 |
$57,000 | $108,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BANK OF FALL RIVER by:
Metropolitan Area And
County
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