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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 TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
CAMBRIDGE TRUST COMPANY |
| Address | 1336 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 | 203 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $44,706,000 |
| Average Mortgage Loan Amount Applied For | $244,250 |
| Highest Mortgage Loan Amount Applied For | $1,250,000 |
| Average Applicant Income | $101,375 |
| Highest Applicant Income | $4,062,000 |
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| Home Improvement |
29 | $2,030,000 |
$70,000 | $200,000 |
$123,000 | $458,000 |
| Home Purchase |
115 | $24,202,000 |
$210,000 | $1,000,000 |
$105,000 | $775,000 |
| Refinancing |
72 | $22,659,000 |
$314,000 | $1,250,000 |
$244,000 | $4,062,000 |
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| American Indian or Alaskan Native |
2 | $750,000 |
$375,000 | $700,000 |
$193,000 | $263,000 |
| Asian |
12 | $1,905,000 |
$158,000 | $480,000 |
$84,000 | $262,000 |
| Black or African American |
35 | $4,745,000 |
$135,000 | $1,080,000 |
$75,000 | $364,000 |
| Hispanic |
2 | $150,000 |
$75,000 | $119,000 |
$43,000 | $43,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $100,000 |
$100,000 | $100,000 |
$175,000 | $175,000 |
| Not applicable |
5 | $1,571,000 |
$314,000 | $909,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
159 | $39,670,000 |
$249,000 | $1,250,000 |
$182,000 | $4,062,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
216 | $48,891,000 |
$226,000 | $1,250,000 |
$154,000 | $4,062,000 |
| 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 |
18 | $6,490,000 |
$360,000 | $1,250,000 |
$195,000 | $672,000 |
| Application Denied By Financial Institution |
32 | $6,633,000 |
$207,000 | $1,040,000 |
$96,000 | $263,000 |
| Application Withdrawn By Applicant |
3 | $848,000 |
$282,000 | $400,000 |
$274,000 | $455,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
147 | $30,168,000 |
$205,000 | $1,080,000 |
$161,000 | $4,062,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
13 | $4,213,000 |
$324,000 | $1,000,000 |
$157,000 | $775,000 |
| Preapproval Denied by Financial Institution |
3 | $539,000 |
$179,000 | $200,000 |
$66,000 | $132,000 |
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| Collateral |
3 | $185,000 |
$61,000 | $100,000 |
$138,000 | $182,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $933,000 |
$103,000 | $192,000 |
$65,000 | $132,000 |
| Debt-To-Income Ratio |
22 | $5,769,000 |
$262,000 | $1,040,000 |
$99,000 | $263,000 |
| Employment History |
1 | $285,000 |
$285,000 | $285,000 |
$108,000 | $108,000 |
| 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 TRUST COMPANY by:
Metropolitan Area And
County
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