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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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CHESAPEAKE BANK OF MARYLAND
Mortgage Loans and Application Details
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| Mortgage Company Name |
CHESAPEAKE BANK OF MARYLAND |
| Address | 2001 EAST JOPPA RD
BALTIMORE, MD 21234 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 288 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $50,493,000 |
| Average Mortgage Loan Amount Applied For | $178,200 |
| Highest Mortgage Loan Amount Applied For | $1,090,000 |
| Average Applicant Income | $124,133 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement |
52 | $2,899,000 |
$55,000 | $150,000 |
$94,000 | $319,000 |
| Home Purchase |
166 | $33,406,000 |
$201,000 | $699,000 |
$82,000 | $359,000 |
| Refinancing |
103 | $19,881,000 |
$193,000 | $1,090,000 |
$152,000 | $6,000,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $2,567,000 |
$366,000 | $749,000 |
$90,000 | $150,000 |
| Black or African American |
56 | $8,065,000 |
$144,000 | $450,000 |
$60,000 | $199,000 |
| Hispanic |
5 | $699,000 |
$139,000 | $280,000 |
$61,000 | $91,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $1,244,000 |
$622,000 | $1,090,000 |
$3,027,000 | $6,000,000 |
| Not Provided |
12 | $1,252,000 |
$104,000 | $210,000 |
$117,000 | $319,000 |
| White |
239 | $42,359,000 |
$177,000 | $600,000 |
$94,000 | $461,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
300 | $53,357,000 |
$177,000 | $1,090,000 |
$110,000 | $6,000,000 |
| FHA-insured (Federal Housing Administration) |
21 | $2,829,000 |
$134,000 | $313,000 |
$57,000 | $158,000 |
| 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 |
13 | $2,681,000 |
$206,000 | $400,000 |
$72,000 | $94,000 |
| Application Denied By Financial Institution |
9 | $1,672,000 |
$185,000 | $315,000 |
$78,000 | $145,000 |
| Application Withdrawn By Applicant |
18 | $4,199,000 |
$233,000 | $450,000 |
$82,000 | $230,000 |
| File Closed For Incompleteness |
7 | $1,666,000 |
$238,000 | $749,000 |
$90,000 | $126,000 |
| Loan Originated |
239 | $40,143,000 |
$167,000 | $1,090,000 |
$118,000 | $6,000,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
30 | $5,143,000 |
$171,000 | $380,000 |
$67,000 | $181,000 |
| Preapproval Denied by Financial Institution |
5 | $682,000 |
$136,000 | $200,000 |
$40,000 | $52,000 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
1 | $154,000 |
$154,000 | $154,000 |
$53,000 | $53,000 |
| Credit History |
9 | $1,330,000 |
$147,000 | $315,000 |
$58,000 | $140,000 |
| Debt-To-Income Ratio |
1 | $176,000 |
$176,000 | $176,000 |
$49,000 | $49,000 |
| Employment History |
1 | $215,000 |
$215,000 | $215,000 |
$145,000 | $145,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $479,000 |
$239,000 | $279,000 |
$68,000 | $84,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CHESAPEAKE BANK OF MARYLAND by:
Metropolitan Area And
County
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