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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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CITIZENS FINANCIAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIZENS FINANCIAL BANK |
| Address | 707 RIDGE ROAD
MUNSTER, IN 46321 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 563 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $121,897,000 |
| Average Mortgage Loan Amount Applied For | $807,468 |
| Highest Mortgage Loan Amount Applied For | $10,800,000 |
| Average Applicant Income | $86,218 |
| Highest Applicant Income | $3,203,000 |
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| Home Improvement |
11 | $905,000 |
$82,000 | $325,000 |
$34,000 | $106,000 |
| Home Purchase |
294 | $65,063,000 |
$221,000 | $8,288,000 |
$81,000 | $635,000 |
| Refinancing |
310 | $67,034,000 |
$216,000 | $10,800,000 |
$81,000 | $3,203,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
14 | $3,563,000 |
$254,000 | $479,000 |
$152,000 | $375,000 |
| Black or African American |
69 | $8,880,000 |
$128,000 | $475,000 |
$56,000 | $255,000 |
| Hispanic |
71 | $9,562,000 |
$134,000 | $620,000 |
$60,000 | $301,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $160,000 |
$160,000 | $160,000 |
$43,000 | $43,000 |
| Not applicable |
16 | $31,660,000 |
$1,978,000 | $10,800,000 |
$0 | $0 |
| Not Provided |
16 | $4,878,000 |
$304,000 | $2,500,000 |
$74,000 | $167,000 |
| White |
428 | $74,299,000 |
$173,000 | $990,000 |
$88,000 | $3,203,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
615 | $133,002,000 |
$216,000 | $10,800,000 |
$80,000 | $3,203,000 |
| 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 |
60 | $9,799,000 |
$163,000 | $620,000 |
$68,000 | $356,000 |
| Application Denied By Financial Institution |
101 | $32,501,000 |
$321,000 | $10,800,000 |
$68,000 | $510,000 |
| Application Withdrawn By Applicant |
13 | $3,867,000 |
$297,000 | $1,350,000 |
$122,000 | $635,000 |
| File Closed For Incompleteness |
2 | $2,805,000 |
$1,402,000 | $2,500,000 |
$127,000 | $255,000 |
| Loan Originated |
390 | $75,125,000 |
$192,000 | $8,288,000 |
$86,000 | $3,203,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
18 | $4,299,000 |
$238,000 | $800,000 |
$94,000 | $300,000 |
| Preapproval Denied by Financial Institution |
31 | $4,606,000 |
$148,000 | $500,000 |
$49,000 | $160,000 |
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| Collateral |
13 | $2,418,000 |
$186,000 | $487,000 |
$84,000 | $215,000 |
| Credit Application Incomplete |
1 | $225,000 |
$225,000 | $225,000 |
$100,000 | $100,000 |
| Credit History |
62 | $8,294,000 |
$133,000 | $600,000 |
$54,000 | $300,000 |
| Debt-To-Income Ratio |
35 | $19,171,000 |
$547,000 | $10,800,000 |
$50,000 | $160,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $869,000 |
$217,000 | $417,000 |
$105,000 | $174,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
16 | $5,924,000 |
$370,000 | $990,000 |
$103,000 | $510,000 |
| Unverifiable Information |
1 | $206,000 |
$206,000 | $206,000 |
$31,000 | $31,000 |
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Mortgage Loan App Totals for CITIZENS FINANCIAL BANK by:
Metropolitan Area And
County
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