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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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CHITTENDEN TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
CHITTENDEN TRUST COMPANY |
| Address | 2 BURLINGTON SQUARE
BURLINGTON, VT 05401 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,938 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $538,141,000 |
| Average Mortgage Loan Amount Applied For | $239,366 |
| Highest Mortgage Loan Amount Applied For | $2,251,000 |
| Average Applicant Income | $141,309 |
| Highest Applicant Income | $3,969,000 |
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| Home Improvement |
450 | $60,302,000 |
$134,000 | $966,000 |
$95,000 | $1,288,000 |
| Home Purchase |
1,377 | $284,740,000 |
$206,000 | $2,110,000 |
$104,000 | $1,843,000 |
| Refinancing |
1,157 | $200,512,000 |
$173,000 | $2,251,000 |
$95,000 | $3,969,000 |
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| American Indian or Alaskan Native |
8 | $872,000 |
$109,000 | $215,000 |
$53,000 | $92,000 |
| Asian |
27 | $4,543,000 |
$168,000 | $330,000 |
$77,000 | $323,000 |
| Black or African American |
6 | $1,937,000 |
$322,000 | $1,000,000 |
$647,000 | $2,746,000 |
| Hispanic |
32 | $5,802,000 |
$181,000 | $600,000 |
$90,000 | $612,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $80,000 |
$40,000 | $42,000 |
$43,000 | $60,000 |
| Not applicable |
65 | $18,871,000 |
$290,000 | $2,110,000 |
$16,000 | $1,049,000 |
| Not Provided |
651 | $135,435,000 |
$208,000 | $1,700,000 |
$118,000 | $2,752,000 |
| White |
2,193 | $378,014,000 |
$172,000 | $2,251,000 |
$95,000 | $3,969,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,957 | $540,475,000 |
$182,000 | $2,251,000 |
$99,000 | $3,969,000 |
| FHA-insured (Federal Housing Administration) |
7 | $1,193,000 |
$170,000 | $203,000 |
$61,000 | $84,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
20 | $3,886,000 |
$194,000 | $378,000 |
$60,000 | $149,000 |
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| Application Approved But Not Accepted |
194 | $36,144,000 |
$186,000 | $860,000 |
$88,000 | $460,000 |
| Application Denied By Financial Institution |
166 | $24,948,000 |
$150,000 | $990,000 |
$74,000 | $721,000 |
| Application Withdrawn By Applicant |
73 | $15,846,000 |
$217,000 | $900,000 |
$130,000 | $1,328,000 |
| File Closed For Incompleteness |
2 | $285,000 |
$142,000 | $160,000 |
$94,000 | $142,000 |
| Loan Originated |
2,503 | $460,918,000 |
$184,000 | $2,251,000 |
$102,000 | $3,969,000 |
| 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 |
46 | $7,413,000 |
$161,000 | $410,000 |
$51,000 | $146,000 |
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| 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 |
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Mortgage Loan App Totals for CHITTENDEN TRUST COMPANY by:
Metropolitan Area And
County
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