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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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CAPE COD BANK & TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
CAPE COD BANK & TRUST |
| Address | C/O BANKNORTH, N.A. 70 GRAY RD
FALMOUTH, ME 04105 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 327 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $80,686,000 |
| Average Mortgage Loan Amount Applied For | $373,600 |
| Highest Mortgage Loan Amount Applied For | $1,206,000 |
| Average Applicant Income | $246,500 |
| Highest Applicant Income | $2,269,000 |
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| Home Improvement |
6 | $610,000 |
$101,000 | $230,000 |
$97,000 | $258,000 |
| Home Purchase |
100 | $31,898,000 |
$318,000 | $892,000 |
$147,000 | $545,000 |
| Refinancing |
221 | $48,178,000 |
$218,000 | $1,206,000 |
$182,000 | $2,269,000 |
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| American Indian or Alaskan Native |
1 | $60,000 |
$60,000 | $60,000 |
$27,000 | $27,000 |
| Asian |
4 | $698,000 |
$174,000 | $250,000 |
$79,000 | $112,000 |
| Black or African American |
1 | $210,000 |
$210,000 | $210,000 |
$59,000 | $59,000 |
| Hispanic |
1 | $50,000 |
$50,000 | $50,000 |
$54,000 | $54,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $2,344,000 |
$213,000 | $415,000 |
$193,000 | $428,000 |
| White |
309 | $77,324,000 |
$250,000 | $1,206,000 |
$169,000 | $2,269,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
327 | $80,686,000 |
$246,000 | $1,206,000 |
$161,000 | $2,269,000 |
| 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 |
11 | $2,968,000 |
$269,000 | $620,000 |
$112,000 | $314,000 |
| Application Denied By Financial Institution |
14 | $3,362,000 |
$240,000 | $554,000 |
$87,000 | $295,000 |
| Application Withdrawn By Applicant |
8 | $1,866,000 |
$233,000 | $550,000 |
$111,000 | $449,000 |
| File Closed For Incompleteness |
4 | $1,120,000 |
$280,000 | $750,000 |
$293,000 | $556,000 |
| Loan Originated |
290 | $71,370,000 |
$246,000 | $1,206,000 |
$181,000 | $2,269,000 |
| 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 |
2 | $549,000 |
$274,000 | $499,000 |
$179,000 | $295,000 |
| Credit Application Incomplete |
1 | $334,000 |
$334,000 | $334,000 |
$57,000 | $57,000 |
| Credit History |
3 | $415,000 |
$138,000 | $180,000 |
$75,000 | $141,000 |
| Debt-To-Income Ratio |
7 | $1,979,000 |
$282,000 | $554,000 |
$70,000 | $129,000 |
| Employment History |
1 | $85,000 |
$85,000 | $85,000 |
$18,000 | $18,000 |
| 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 CAPE COD BANK & TRUST by:
Metropolitan Area And
County
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