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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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BUCS FEDERAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
BUCS FEDERAL BANK |
| Address | 10802 RED RUN BLVD.
OWINGS MILLS, MD 21117 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 147 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,756,000 |
| Average Mortgage Loan Amount Applied For | $118,647 |
| Highest Mortgage Loan Amount Applied For | $960,000 |
| Average Applicant Income | $109,588 |
| Highest Applicant Income | $480,000 |
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| Home Improvement |
59 | $2,950,000 |
$50,000 | $200,000 |
$97,000 | $247,000 |
| Home Purchase |
24 | $5,386,000 |
$224,000 | $840,000 |
$167,000 | $480,000 |
| Refinancing |
64 | $7,420,000 |
$115,000 | $960,000 |
$95,000 | $333,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $48,000 |
$48,000 | $48,000 |
$98,000 | $98,000 |
| Black or African American |
37 | $3,340,000 |
$90,000 | $960,000 |
$90,000 | $333,000 |
| Hispanic |
5 | $343,000 |
$68,000 | $110,000 |
$94,000 | $190,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
17 | $1,067,000 |
$62,000 | $150,000 |
$76,000 | $140,000 |
| White |
87 | $10,958,000 |
$125,000 | $840,000 |
$122,000 | $480,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
147 | $15,756,000 |
$107,000 | $960,000 |
$107,000 | $480,000 |
| 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 |
10 | $759,000 |
$75,000 | $153,000 |
$87,000 | $107,000 |
| Application Denied By Financial Institution |
26 | $1,395,000 |
$53,000 | $200,000 |
$63,000 | $129,000 |
| Application Withdrawn By Applicant |
7 | $643,000 |
$91,000 | $195,000 |
$109,000 | $163,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
104 | $12,959,000 |
$124,000 | $960,000 |
$120,000 | $480,000 |
| 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 |
4 | $167,000 |
$41,000 | $50,000 |
$67,000 | $89,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $230,000 |
$57,000 | $130,000 |
$91,000 | $129,000 |
| Debt-To-Income Ratio |
17 | $970,000 |
$57,000 | $200,000 |
$58,000 | $93,000 |
| 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 |
1 | $28,000 |
$28,000 | $28,000 |
$36,000 | $36,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for BUCS FEDERAL BANK by:
Metropolitan Area And
County
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