|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CENTURY BANK AND TRUST COMPANY
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CENTURY BANK AND TRUST COMPANY |
| Address | 400 MYSTIC AVENUE
MEDFORD, MA 02155 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 175 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $62,798,000 |
| Average Mortgage Loan Amount Applied For | $630,111 |
| Highest Mortgage Loan Amount Applied For | $3,300,000 |
| Average Applicant Income | $127,555 |
| Highest Applicant Income | $2,000,000 |
|
|
|
| Home Improvement |
23 | $11,170,000 |
$485,000 | $3,300,000 |
$101,000 | $222,000 |
| Home Purchase |
55 | $24,710,000 |
$449,000 | $2,325,000 |
$238,000 | $2,000,000 |
| Refinancing |
97 | $26,918,000 |
$277,000 | $1,050,000 |
$107,000 | $540,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $3,589,000 |
$717,000 | $1,733,000 |
$558,000 | $1,536,000 |
| Black or African American |
3 | $721,000 |
$240,000 | $324,000 |
$72,000 | $96,000 |
| Hispanic |
3 | $465,000 |
$155,000 | $213,000 |
$56,000 | $86,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
15 | $10,575,000 |
$705,000 | $3,300,000 |
$0 | $0 |
| Not Provided |
42 | $12,441,000 |
$296,000 | $1,050,000 |
$147,000 | $540,000 |
| White |
107 | $35,007,000 |
$327,000 | $2,325,000 |
$154,000 | $2,000,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
175 | $62,798,000 |
$358,000 | $3,300,000 |
$147,000 | $2,000,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
9 | $2,939,000 |
$326,000 | $600,000 |
$165,000 | $540,000 |
| Application Denied By Financial Institution |
16 | $8,931,000 |
$558,000 | $1,733,000 |
$166,000 | $941,000 |
| Application Withdrawn By Applicant |
13 | $4,852,000 |
$373,000 | $800,000 |
$115,000 | $347,000 |
| File Closed For Incompleteness |
1 | $102,000 |
$102,000 | $102,000 |
$43,000 | $43,000 |
| Loan Originated |
127 | $43,120,000 |
$339,000 | $3,300,000 |
$150,000 | $2,000,000 |
| Loan Purchased By The Institution |
9 | $2,854,000 |
$317,000 | $480,000 |
$121,000 | $231,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| 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 |
|
Mortgage Loan App Totals for CENTURY BANK AND TRUST COMPANY by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
