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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 SMITHTOWN
Mortgage Loans and Application Details
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| Mortgage Company Name |
BANK OF SMITHTOWN |
| Address | 100 MOTOR PARKWAY, SUITE 160
HAUPPAUGE, NY 11788 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 69 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $74,013,000 |
| Average Mortgage Loan Amount Applied For | $993,200 |
| Highest Mortgage Loan Amount Applied For | $10,322,000 |
| Average Applicant Income | $185,000 |
| Highest Applicant Income | $2,286,000 |
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| Home Improvement |
6 | $905,000 |
$150,000 | $350,000 |
$165,000 | $606,000 |
| Home Purchase |
36 | $33,052,000 |
$918,000 | $4,350,000 |
$262,000 | $2,231,000 |
| Refinancing |
27 | $40,056,000 |
$1,483,000 | $10,322,000 |
$171,000 | $2,286,000 |
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| American Indian or Alaskan Native |
1 | $240,000 |
$240,000 | $240,000 |
$67,000 | $67,000 |
| Asian |
1 | $495,000 |
$495,000 | $495,000 |
$474,000 | $474,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $464,000 |
$464,000 | $464,000 |
$142,000 | $142,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
20 | $43,469,000 |
$2,173,000 | $10,322,000 |
$0 | $0 |
| Not Provided |
9 | $9,479,000 |
$1,053,000 | $4,350,000 |
$165,000 | $404,000 |
| White |
37 | $19,866,000 |
$536,000 | $2,350,000 |
$348,000 | $2,286,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
69 | $74,013,000 |
$1,072,000 | $10,322,000 |
$218,000 | $2,286,000 |
| 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 |
13 | $10,755,000 |
$827,000 | $4,000,000 |
$91,000 | $293,000 |
| Application Denied By Financial Institution |
1 | $550,000 |
$550,000 | $550,000 |
$170,000 | $170,000 |
| Application Withdrawn By Applicant |
1 | $417,000 |
$417,000 | $417,000 |
$151,000 | $151,000 |
| File Closed For Incompleteness |
1 | $560,000 |
$560,000 | $560,000 |
$72,000 | $72,000 |
| Loan Originated |
53 | $61,731,000 |
$1,164,000 | $10,322,000 |
$254,000 | $2,286,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 SMITHTOWN by:
Metropolitan Area And
County
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