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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 STATE BANK OF WAVERLY
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIZENS STATE BANK OF WAVERLY |
| Address | PO BOX 68
WAVERLY, MN 55390 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 85 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,251,000 |
| Average Mortgage Loan Amount Applied For | $71,333 |
| Highest Mortgage Loan Amount Applied For | $625,000 |
| Average Applicant Income | $49,500 |
| Highest Applicant Income | $267,000 |
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| Home Improvement |
63 | $1,358,000 |
$21,000 | $136,000 |
$50,000 | $89,000 |
| Home Purchase |
11 | $1,361,000 |
$123,000 | $274,000 |
$47,000 | $78,000 |
| Refinancing |
13 | $1,779,000 |
$136,000 | $625,000 |
$73,000 | $267,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1 | $8,000 |
$8,000 | $8,000 |
$58,000 | $58,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $53,000 |
$17,000 | $28,000 |
$57,000 | $67,000 |
| White |
83 | $4,437,000 |
$53,000 | $625,000 |
$53,000 | $267,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
87 | $4,498,000 |
$51,000 | $625,000 |
$53,000 | $267,000 |
| 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 |
1 | $70,000 |
$70,000 | $70,000 |
$50,000 | $50,000 |
| Application Denied By Financial Institution |
25 | $841,000 |
$33,000 | $135,000 |
$42,000 | $89,000 |
| Application Withdrawn By Applicant |
18 | $1,591,000 |
$88,000 | $625,000 |
$53,000 | $131,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
41 | $1,749,000 |
$42,000 | $209,000 |
$60,000 | $267,000 |
| 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 |
2 | $247,000 |
$123,000 | $135,000 |
$48,000 | $50,000 |
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| Collateral |
2 | $69,000 |
$34,000 | $61,000 |
$31,000 | $32,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
14 | $702,000 |
$50,000 | $135,000 |
$51,000 | $89,000 |
| Debt-To-Income Ratio |
10 | $301,000 |
$30,000 | $112,000 |
$38,000 | $60,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $16,000 |
$16,000 | $16,000 |
$10,000 | $10,000 |
| 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 CITIZENS STATE BANK OF WAVERLY by:
Metropolitan Area And
County
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