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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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CITY SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITY SAVINGS BANK |
| Address | 2000 FRANKLIN ST
MICHIGAN CITY, IN 46360 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 112 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,966,000 |
| Average Mortgage Loan Amount Applied For | $138,250 |
| Highest Mortgage Loan Amount Applied For | $914,000 |
| Average Applicant Income | $89,625 |
| Highest Applicant Income | $1,561,000 |
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| Home Improvement |
9 | $370,000 |
$41,000 | $177,000 |
$58,000 | $136,000 |
| Home Purchase |
40 | $5,703,000 |
$142,000 | $914,000 |
$135,000 | $1,561,000 |
| Refinancing |
63 | $9,893,000 |
$157,000 | $724,000 |
$102,000 | $300,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $265,000 |
$132,000 | $150,000 |
$77,000 | $94,000 |
| Black or African American |
5 | $696,000 |
$139,000 | $328,000 |
$46,000 | $119,000 |
| Hispanic |
3 | $344,000 |
$114,000 | $121,000 |
$66,000 | $80,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $248,000 |
$124,000 | $177,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
100 | $14,413,000 |
$144,000 | $914,000 |
$118,000 | $1,561,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
112 | $15,966,000 |
$142,000 | $914,000 |
$110,000 | $1,561,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
14 | $1,008,000 |
$72,000 | $115,000 |
$36,000 | $94,000 |
| Application Withdrawn By Applicant |
4 | $444,000 |
$111,000 | $177,000 |
$153,000 | $238,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
94 | $14,514,000 |
$154,000 | $914,000 |
$119,000 | $1,561,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $72,000 |
$72,000 | $72,000 |
$37,000 | $37,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $770,000 |
$85,000 | $115,000 |
$40,000 | $94,000 |
| Debt-To-Income Ratio |
3 | $141,000 |
$47,000 | $76,000 |
$20,000 | $31,000 |
| 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 |
1 | $25,000 |
$25,000 | $25,000 |
$43,000 | $43,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CITY SAVINGS BANK by:
Metropolitan Area And
County
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