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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 CO-OPERATIVE BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CAPE COD CO-OPERATIVE BANK |
| Address | 221 WILLOW STREET
YARMOUTH PORT, MA 02675 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 303 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $79,275,000 |
| Average Mortgage Loan Amount Applied For | $1,137,000 |
| Highest Mortgage Loan Amount Applied For | $5,200,000 |
| Average Applicant Income | $273,666 |
| Highest Applicant Income | $4,602,000 |
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| Home Improvement |
72 | $12,037,000 |
$167,000 | $1,500,000 |
$129,000 | $2,500,000 |
| Home Purchase |
134 | $37,887,000 |
$282,000 | $1,160,000 |
$113,000 | $744,000 |
| Refinancing |
136 | $38,516,000 |
$283,000 | $5,200,000 |
$152,000 | $4,602,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $700,000 |
$350,000 | $450,000 |
$179,000 | $220,000 |
| Black or African American |
3 | $885,000 |
$295,000 | $538,000 |
$54,000 | $125,000 |
| Hispanic |
5 | $868,000 |
$173,000 | $357,000 |
$69,000 | $120,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
25 | $8,366,000 |
$334,000 | $1,500,000 |
$233,000 | $2,500,000 |
| White |
307 | $77,621,000 |
$252,000 | $5,200,000 |
$125,000 | $4,602,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
342 | $88,440,000 |
$258,000 | $5,200,000 |
$132,000 | $4,602,000 |
| 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 |
21 | $6,782,000 |
$322,000 | $1,206,000 |
$172,000 | $1,085,000 |
| Application Denied By Financial Institution |
15 | $7,183,000 |
$478,000 | $5,200,000 |
$145,000 | $1,221,000 |
| Application Withdrawn By Applicant |
10 | $2,791,000 |
$279,000 | $1,160,000 |
$129,000 | $744,000 |
| File Closed For Incompleteness |
1 | $185,000 |
$185,000 | $185,000 |
$96,000 | $96,000 |
| Loan Originated |
257 | $62,449,000 |
$242,000 | $2,349,000 |
$138,000 | $4,602,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
31 | $7,608,000 |
$245,000 | $970,000 |
$73,000 | $222,000 |
| Preapproval Denied by Financial Institution |
7 | $1,442,000 |
$206,000 | $338,000 |
$46,000 | $72,000 |
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| Collateral |
1 | $65,000 |
$65,000 | $65,000 |
$113,000 | $113,000 |
| Credit Application Incomplete |
2 | $319,000 |
$159,000 | $250,000 |
$125,000 | $220,000 |
| Credit History |
2 | $282,000 |
$141,000 | $157,000 |
$44,000 | $54,000 |
| Debt-To-Income Ratio |
11 | $1,822,000 |
$165,000 | $338,000 |
$49,000 | $97,000 |
| Employment History |
2 | $302,000 |
$151,000 | $151,000 |
$39,000 | $48,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
1 | $310,000 |
$310,000 | $310,000 |
$72,000 | $72,000 |
| Other |
3 | $5,525,000 |
$1,841,000 | $5,200,000 |
$450,000 | $1,221,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CAPE COD CO-OPERATIVE BANK by:
Metropolitan Area And
County
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