|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
BOILING SPRINGS SAVINGS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
BOILING SPRINGS SAVINGS BANK |
| Address | 25 ORIENT WAY
RUTHERFORD, NJ 07070 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 373 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $108,189,000 |
| Average Mortgage Loan Amount Applied For | $391,928 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $140,714 |
| Highest Applicant Income | $4,230,000 |
|
|
|
| Home Improvement |
124 | $18,742,000 |
$151,000 | $895,000 |
$126,000 | $768,000 |
| Home Purchase |
119 | $59,672,000 |
$501,000 | $4,000,000 |
$173,000 | $4,230,000 |
| Refinancing |
130 | $29,775,000 |
$229,000 | $1,100,000 |
$114,000 | $989,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
34 | $9,711,000 |
$285,000 | $692,000 |
$132,000 | $318,000 |
| Black or African American |
6 | $3,468,000 |
$578,000 | $1,560,000 |
$102,000 | $270,000 |
| Hispanic |
20 | $5,837,000 |
$291,000 | $692,000 |
$61,000 | $274,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
38 | $20,036,000 |
$527,000 | $1,585,000 |
$36,000 | $1,237,000 |
| Not Provided |
81 | $21,503,000 |
$265,000 | $1,500,000 |
$235,000 | $4,230,000 |
| White |
194 | $47,634,000 |
$245,000 | $4,000,000 |
$125,000 | $979,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
373 | $108,189,000 |
$290,000 | $4,000,000 |
$137,000 | $4,230,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
22 | $6,954,000 |
$316,000 | $1,500,000 |
$120,000 | $464,000 |
| Application Denied By Financial Institution |
42 | $7,028,000 |
$167,000 | $1,058,000 |
$79,000 | $207,000 |
| Application Withdrawn By Applicant |
12 | $6,304,000 |
$525,000 | $1,560,000 |
$151,000 | $565,000 |
| File Closed For Incompleteness |
10 | $2,264,000 |
$226,000 | $517,000 |
$71,000 | $191,000 |
| Loan Originated |
287 | $85,639,000 |
$298,000 | $4,000,000 |
$148,000 | $4,230,000 |
| 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 |
|
|
| Collateral |
9 | $2,750,000 |
$305,000 | $1,058,000 |
$76,000 | $207,000 |
| Credit Application Incomplete |
1 | $512,000 |
$512,000 | $512,000 |
$0 | $0 |
| Credit History |
4 | $1,435,000 |
$358,000 | $700,000 |
$97,000 | $190,000 |
| Debt-To-Income Ratio |
22 | $1,656,000 |
$75,000 | $200,000 |
$80,000 | $202,000 |
| 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 |
3 | $260,000 |
$86,000 | $150,000 |
$58,000 | $78,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for BOILING SPRINGS SAVINGS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
