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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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BAY FINANCIAL SAVINGS BANK, F
Mortgage Loans and Application Details
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| Mortgage Company Name |
BAY FINANCIAL SAVINGS BANK, F |
| Address | 5537 SHELDON ROAD
TAMPA, FL 33615 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 193 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,116,000 |
| Average Mortgage Loan Amount Applied For | $145,000 |
| Highest Mortgage Loan Amount Applied For | $1,100,000 |
| Average Applicant Income | $69,600 |
| Highest Applicant Income | $2,137,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
230 | $54,226,000 |
$271,000 | $2,625,000 |
$92,000 | $2,000,000 |
| Refinancing |
168 | $41,689,000 |
$245,000 | $2,000,000 |
$108,500 | $2,137,000 |
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| American Indian or Alaskan Native |
1 | $143,000 |
$143,000 | $143,000 |
$70,000 | $70,000 |
| Asian |
8 | $1,199,000 |
$193,000 | $524,000 |
$61,000 | $185,000 |
| Black or African American |
28 | $3,870,000 |
$134,500 | $584,000 |
$48,500 | $238,000 |
| Hispanic |
34 | $5,836,000 |
$162,000 | $1,680,000 |
$70,000 | $1,000,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $429,000 |
$214,000 | $291,000 |
$139,000 | $232,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
39 | $8,187,000 |
$184,500 | $800,000 |
$80,500 | $876,000 |
| White |
286 | $76,251,000 |
$297,500 | $2,625,000 |
$132,000 | $2,137,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
388 | $94,757,000 |
$260,000 | $2,625,000 |
$101,000 | $2,137,000 |
| FHA-insured (Federal Housing Administration) |
9 | $893,000 |
$104,000 | $147,000 |
$37,000 | $75,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $265,000 |
$265,000 | $265,000 |
$0 | $0 |
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| Application Approved But Not Accepted |
156 | $36,260,000 |
$219,500 | $1,750,000 |
$96,000 | $1,000,000 |
| Application Denied By Financial Institution |
118 | $24,794,000 |
$178,500 | $2,000,000 |
$89,000 | $2,137,000 |
| Application Withdrawn By Applicant |
38 | $6,410,000 |
$180,000 | $1,225,000 |
$64,500 | $374,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
86 | $28,451,000 |
$355,500 | $2,625,000 |
$117,500 | $2,000,000 |
| 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 |
11 | $5,034,000 |
$337,000 | $2,000,000 |
$48,500 | $321,000 |
| Credit Application Incomplete |
9 | $2,430,000 |
$285,500 | $780,000 |
$97,000 | $175,000 |
| Credit History |
52 | $7,975,000 |
$128,000 | $1,200,000 |
$39,500 | $283,000 |
| Debt-To-Income Ratio |
19 | $2,205,000 |
$113,500 | $252,000 |
$39,500 | $180,000 |
| Employment History |
7 | $1,291,000 |
$164,500 | $531,000 |
$202,500 | $563,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $807,000 |
$269,000 | $525,000 |
$500,000 | $1,428,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
12 | $3,343,000 |
$278,000 | $760,000 |
$164,000 | $467,000 |
| Unverifiable Information |
5 | $1,709,000 |
$341,000 | $1,100,000 |
$407,000 | $2,137,000 |
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Mortgage Loan App Totals for BAY FINANCIAL SAVINGS BANK, F by:
Metropolitan Area And
County
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