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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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BOSTON PRIVATE BANK & TRUST CO
Mortgage Loans and Application Details
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| Mortgage Company Name |
BOSTON PRIVATE BANK & TRUST CO |
| Address | TEN POST OFFICE SQUARE
BOSTON, MA 02109 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 920 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $359,572,000 |
| Average Mortgage Loan Amount Applied For | $694,911 |
| Highest Mortgage Loan Amount Applied For | $7,500,000 |
| Average Applicant Income | $432,176 |
| Highest Applicant Income | $5,363,000 |
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| Home Improvement |
12 | $11,513,000 |
$959,000 | $2,390,000 |
$379,000 | $988,000 |
| Home Purchase |
770 | $263,114,000 |
$341,000 | $7,500,000 |
$178,000 | $5,363,000 |
| Refinancing |
140 | $85,115,000 |
$607,000 | $3,200,000 |
$303,000 | $4,256,000 |
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| American Indian or Alaskan Native |
2 | $174,000 |
$87,000 | $138,000 |
$43,000 | $43,000 |
| Asian |
59 | $8,820,000 |
$149,000 | $1,230,000 |
$60,000 | $419,000 |
| Black or African American |
101 | $9,874,000 |
$97,000 | $648,000 |
$54,000 | $175,000 |
| Hispanic |
108 | $13,450,000 |
$124,000 | $994,000 |
$62,000 | $852,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $141,000 |
$141,000 | $141,000 |
$62,000 | $62,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
122 | $67,440,000 |
$552,000 | $3,200,000 |
$264,000 | $2,035,000 |
| White |
529 | $259,843,000 |
$491,000 | $7,500,000 |
$257,000 | $5,363,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
922 | $359,742,000 |
$390,000 | $7,500,000 |
$200,000 | $5,363,000 |
| 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 |
68 | $29,600,000 |
$435,000 | $3,000,000 |
$247,000 | $1,755,000 |
| Application Denied By Financial Institution |
22 | $8,112,000 |
$368,000 | $2,100,000 |
$82,000 | $240,000 |
| Application Withdrawn By Applicant |
54 | $16,073,000 |
$297,000 | $2,500,000 |
$106,000 | $632,000 |
| File Closed For Incompleteness |
2 | $49,000 |
$24,000 | $29,000 |
$32,000 | $32,000 |
| Loan Originated |
776 | $305,908,000 |
$394,000 | $7,500,000 |
$206,000 | $5,363,000 |
| 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 |
10 | $1,688,000 |
$168,000 | $485,000 |
$53,000 | $111,000 |
| Debt-To-Income Ratio |
5 | $4,217,000 |
$843,000 | $2,100,000 |
$123,000 | $234,000 |
| Employment History |
1 | $141,000 |
$141,000 | $141,000 |
$62,000 | $62,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $919,000 |
$306,000 | $875,000 |
$62,000 | $129,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $1,147,000 |
$382,000 | $871,000 |
$137,000 | $240,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BOSTON PRIVATE BANK & TRUST CO by:
Metropolitan Area And
County
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