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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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CAMBRIDGE SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CAMBRIDGE SAVINGS BANK |
| Address | 1374 MASSACHUSETTS AVENUE
CAMBRIDGE, MA 02138 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 797 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $224,480,000 |
| Average Mortgage Loan Amount Applied For | $553,923 |
| Highest Mortgage Loan Amount Applied For | $17,500,000 |
| Average Applicant Income | $218,538 |
| Highest Applicant Income | $2,097,000 |
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| Home Improvement |
211 | $25,597,000 |
$121,000 | $1,150,000 |
$124,000 | $1,905,000 |
| Home Purchase |
373 | $121,032,000 |
$324,000 | $1,500,000 |
$148,000 | $1,732,000 |
| Refinancing |
241 | $84,377,000 |
$350,000 | $17,500,000 |
$148,000 | $2,097,000 |
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| American Indian or Alaskan Native |
6 | $549,000 |
$91,000 | $136,000 |
$107,000 | $200,000 |
| Asian |
68 | $19,133,000 |
$281,000 | $2,417,000 |
$178,000 | $950,000 |
| Black or African American |
24 | $3,522,000 |
$146,000 | $480,000 |
$84,000 | $184,000 |
| Hispanic |
11 | $2,426,000 |
$220,000 | $488,000 |
$66,000 | $102,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $494,000 |
$494,000 | $494,000 |
$252,000 | $252,000 |
| Not applicable |
4 | $21,579,000 |
$5,394,000 | $17,500,000 |
$0 | $0 |
| Not Provided |
108 | $30,304,000 |
$280,000 | $1,750,000 |
$159,000 | $1,905,000 |
| White |
603 | $152,999,000 |
$253,000 | $1,500,000 |
$140,000 | $2,097,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
825 | $231,006,000 |
$280,000 | $17,500,000 |
$142,000 | $2,097,000 |
| 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 |
38 | $12,736,000 |
$335,000 | $900,000 |
$158,000 | $1,486,000 |
| Application Denied By Financial Institution |
60 | $14,141,000 |
$235,000 | $1,100,000 |
$93,000 | $436,000 |
| Application Withdrawn By Applicant |
48 | $12,291,000 |
$256,000 | $1,500,000 |
$139,000 | $500,000 |
| File Closed For Incompleteness |
13 | $2,158,000 |
$166,000 | $496,000 |
$65,000 | $161,000 |
| Loan Originated |
634 | $182,598,000 |
$288,000 | $17,500,000 |
$151,000 | $2,097,000 |
| 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 |
32 | $7,082,000 |
$221,000 | $750,000 |
$71,000 | $130,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CAMBRIDGE SAVINGS BANK by:
Metropolitan Area And
County
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