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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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C & G SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
C & G SAVINGS BANK |
| Address | 1201 12TH STREET
ALTOONA, PA 16601 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 281 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,815,000 |
| Average Mortgage Loan Amount Applied For | $80,000 |
| Highest Mortgage Loan Amount Applied For | $315,000 |
| Average Applicant Income | $60,777 |
| Highest Applicant Income | $453,000 |
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| Home Improvement |
81 | $3,008,000 |
$37,000 | $184,000 |
$76,000 | $453,000 |
| Home Purchase |
134 | $12,442,000 |
$92,000 | $315,000 |
$61,000 | $274,000 |
| Refinancing |
77 | $5,231,000 |
$67,000 | $314,000 |
$58,000 | $183,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $112,000 |
$112,000 | $112,000 |
$448,000 | $448,000 |
| Black or African American |
1 | $15,000 |
$15,000 | $15,000 |
$39,000 | $39,000 |
| Hispanic |
3 | $165,000 |
$55,000 | $100,000 |
$174,000 | $453,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
287 | $20,389,000 |
$71,000 | $315,000 |
$62,000 | $342,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
292 | $20,681,000 |
$70,000 | $315,000 |
$64,000 | $453,000 |
| 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 |
20 | $2,069,000 |
$103,000 | $252,000 |
$63,000 | $184,000 |
| Application Denied By Financial Institution |
33 | $1,999,000 |
$60,000 | $185,000 |
$35,000 | $65,000 |
| Application Withdrawn By Applicant |
17 | $1,485,000 |
$87,000 | $270,000 |
$71,000 | $144,000 |
| File Closed For Incompleteness |
2 | $210,000 |
$105,000 | $122,000 |
$38,000 | $76,000 |
| Loan Originated |
220 | $14,918,000 |
$67,000 | $315,000 |
$68,000 | $453,000 |
| 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 |
3 | $225,000 |
$75,000 | $130,000 |
$46,000 | $63,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $679,000 |
$45,000 | $120,000 |
$35,000 | $61,000 |
| Debt-To-Income Ratio |
9 | $726,000 |
$80,000 | $185,000 |
$27,000 | $37,000 |
| Employment History |
3 | $104,000 |
$34,000 | $47,000 |
$30,000 | $40,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $120,000 |
$120,000 | $120,000 |
$65,000 | $65,000 |
| Mortgage Insurance Denied |
1 | $95,000 |
$95,000 | $95,000 |
$56,000 | $56,000 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $50,000 |
$50,000 | $50,000 |
$27,000 | $27,000 |
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Mortgage Loan App Totals for C & G SAVINGS BANK by:
Metropolitan Area And
County
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