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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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CENTRAL JERSEY BANK, NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
CENTRAL JERSEY BANK, NA |
| Address | 627 SECOND AVENUE
LONG BRANCH, NJ 07740 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 229 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $42,220,000 |
| Average Mortgage Loan Amount Applied For | $199,333 |
| Highest Mortgage Loan Amount Applied For | $2,400,000 |
| Average Applicant Income | $134,444 |
| Highest Applicant Income | $7,500,000 |
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| Home Improvement |
88 | $7,969,000 |
$90,000 | $850,000 |
$104,000 | $792,000 |
| Home Purchase |
38 | $12,472,000 |
$328,000 | $975,000 |
$179,000 | $2,300,000 |
| Refinancing |
103 | $21,779,000 |
$211,000 | $2,400,000 |
$183,000 | $7,500,000 |
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| American Indian or Alaskan Native |
1 | $150,000 |
$150,000 | $150,000 |
$40,000 | $40,000 |
| Asian |
2 | $125,000 |
$62,000 | $100,000 |
$29,000 | $30,000 |
| Black or African American |
3 | $125,000 |
$41,000 | $60,000 |
$59,000 | $79,000 |
| Hispanic |
5 | $893,000 |
$178,000 | $333,000 |
$72,000 | $86,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $60,000 |
$60,000 | $60,000 |
$110,000 | $110,000 |
| Not applicable |
12 | $9,247,000 |
$770,000 | $2,400,000 |
$1,025,000 | $7,500,000 |
| Not Provided |
1 | $102,000 |
$102,000 | $102,000 |
$102,000 | $102,000 |
| White |
204 | $31,518,000 |
$154,000 | $950,000 |
$106,000 | $792,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
229 | $42,220,000 |
$184,000 | $2,400,000 |
$152,000 | $7,500,000 |
| 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 |
23 | $5,357,000 |
$232,000 | $750,000 |
$116,000 | $252,000 |
| Application Denied By Financial Institution |
35 | $3,488,000 |
$99,000 | $600,000 |
$70,000 | $164,000 |
| Application Withdrawn By Applicant |
3 | $525,000 |
$175,000 | $300,000 |
$102,000 | $168,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
168 | $32,850,000 |
$195,000 | $2,400,000 |
$175,000 | $7,500,000 |
| 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 |
6 | $394,000 |
$65,000 | $200,000 |
$106,000 | $164,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $60,000 |
$60,000 | $60,000 |
$31,000 | $31,000 |
| Debt-To-Income Ratio |
28 | $3,034,000 |
$108,000 | $600,000 |
$63,000 | $164,000 |
| 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 CENTRAL JERSEY BANK, NA by:
Metropolitan Area And
County
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