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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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CLINTON SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CLINTON SAVINGS BANK |
| Address | 200 CHURCH STREET
CLINTON, MA 01510 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 511 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $63,650,000 |
| Average Mortgage Loan Amount Applied For | $85,608 |
| Highest Mortgage Loan Amount Applied For | $1,275,000 |
| Average Applicant Income | $73,304 |
| Highest Applicant Income | $495,000 |
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| Home Improvement |
96 | $11,800,000 |
$122,000 | $1,275,000 |
$74,000 | $223,000 |
| Home Purchase |
286 | $33,073,000 |
$115,000 | $900,000 |
$63,000 | $495,000 |
| Refinancing |
129 | $18,777,000 |
$145,000 | $735,000 |
$67,000 | $358,000 |
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| American Indian or Alaskan Native |
6 | $186,000 |
$31,000 | $46,000 |
$49,000 | $149,000 |
| Asian |
9 | $2,031,000 |
$225,000 | $536,000 |
$99,000 | $358,000 |
| Black or African American |
4 | $596,000 |
$149,000 | $285,000 |
$51,000 | $112,000 |
| Hispanic |
12 | $1,398,000 |
$116,000 | $350,000 |
$50,000 | $123,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $250,000 |
$250,000 | $250,000 |
$163,000 | $163,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
32 | $3,096,000 |
$96,000 | $460,000 |
$63,000 | $294,000 |
| White |
447 | $56,093,000 |
$125,000 | $1,275,000 |
$66,000 | $495,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
511 | $63,650,000 |
$124,000 | $1,275,000 |
$66,000 | $495,000 |
| 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 |
95 | $5,752,000 |
$60,000 | $350,000 |
$49,000 | $281,000 |
| Application Denied By Financial Institution |
62 | $6,482,000 |
$104,000 | $900,000 |
$47,000 | $163,000 |
| Application Withdrawn By Applicant |
15 | $2,856,000 |
$190,000 | $460,000 |
$77,000 | $226,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
339 | $48,560,000 |
$143,000 | $1,275,000 |
$74,000 | $495,000 |
| 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 |
6 | $1,200,000 |
$200,000 | $285,000 |
$70,000 | $112,000 |
| Credit Application Incomplete |
2 | $230,000 |
$115,000 | $168,000 |
$93,000 | $157,000 |
| Credit History |
11 | $1,404,000 |
$127,000 | $295,000 |
$66,000 | $163,000 |
| Debt-To-Income Ratio |
41 | $3,515,000 |
$85,000 | $900,000 |
$35,000 | $98,000 |
| Employment History |
1 | $49,000 |
$49,000 | $49,000 |
$36,000 | $36,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $84,000 |
$84,000 | $84,000 |
$117,000 | $117,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CLINTON SAVINGS BANK by:
Metropolitan Area And
County
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