| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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COLONIAL SAVINGS, F.A.
Mortgage Loans and Application Details
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| Mortgage Company Name |
COLONIAL SAVINGS, F.A. |
| Address | P.O. BOX 2988
FORT WORTH, TX 76113 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Loan Applications Processed | 14,589 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,887,287,000 |
| Average Mortgage Loan Amount Applied For | $172,130 |
| Highest Mortgage Loan Amount Applied For | $4,300,000 |
| Average Applicant Income | $87,766 |
| Highest Applicant Income | $4,994,000 |
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| Home Improvement |
5 | $184,000 |
$36,000 | $50,000 |
$147,000 | $258,000 |
| Home Purchase |
7,298 | $1,299,166,000 |
$178,000 | $4,128,000 |
$91,000 | $4,994,000 |
| Refinancing |
7,286 | $1,587,937,000 |
$217,000 | $4,300,000 |
$95,000 | $3,730,000 |
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| American Indian or Alaskan Native |
59 | $12,589,000 |
$213,000 | $1,156,000 |
$81,000 | $425,000 |
| Asian |
350 | $86,589,000 |
$247,000 | $2,000,000 |
$122,000 | $1,200,000 |
| Black or African American |
1,307 | $232,809,000 |
$178,000 | $3,835,000 |
$74,000 | $3,600,000 |
| Hispanic |
1,457 | $263,090,000 |
$180,000 | $3,375,000 |
$75,000 | $1,380,000 |
| Native Hawaiin or Other Pacific Islander |
46 | $10,974,000 |
$238,000 | $794,000 |
$82,000 | $248,000 |
| Not applicable |
11 | $1,293,000 |
$117,000 | $200,000 |
$0 | $0 |
| Not Provided |
1,918 | $387,169,000 |
$201,000 | $1,600,000 |
$86,000 | $1,000,000 |
| White |
9,441 | $1,892,774,000 |
$200,000 | $4,300,000 |
$99,000 | $4,994,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
13,558 | $2,733,917,000 |
$201,000 | $4,300,000 |
$95,000 | $4,994,000 |
| FHA-insured (Federal Housing Administration) |
653 | $83,938,000 |
$128,000 | $363,000 |
$56,000 | $388,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
20 | $2,618,000 |
$130,000 | $260,000 |
$48,000 | $80,000 |
| VA-guaranteed (Veterans Administration) |
358 | $66,814,000 |
$186,000 | $417,000 |
$71,000 | $181,000 |
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| Application Approved But Not Accepted |
321 | $63,663,000 |
$198,000 | $1,542,000 |
$113,000 | $1,200,000 |
| Application Denied By Financial Institution |
6,442 | $1,332,190,000 |
$206,000 | $4,182,000 |
$93,000 | $3,730,000 |
| Application Withdrawn By Applicant |
272 | $45,906,000 |
$168,000 | $1,300,000 |
$77,000 | $4,994,000 |
| File Closed For Incompleteness |
39 | $6,992,000 |
$179,000 | $760,000 |
$70,000 | $324,000 |
| Loan Originated |
7,515 | $1,438,536,000 |
$191,000 | $4,300,000 |
$93,000 | $3,655,000 |
| 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 |
672 | $116,995,000 |
$174,000 | $1,875,000 |
$91,000 | $2,143,000 |
| Credit Application Incomplete |
806 | $221,242,000 |
$274,000 | $4,182,000 |
$133,000 | $3,730,000 |
| Credit History |
1,036 | $163,864,000 |
$158,000 | $3,500,000 |
$74,000 | $1,920,000 |
| Debt-To-Income Ratio |
473 | $102,742,000 |
$217,000 | $4,128,000 |
$72,000 | $947,000 |
| Employment History |
113 | $30,577,000 |
$270,000 | $3,375,000 |
$128,000 | $1,380,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
152 | $38,977,000 |
$256,000 | $2,200,000 |
$99,000 | $807,000 |
| Mortgage Insurance Denied |
5 | $1,619,000 |
$323,000 | $674,000 |
$164,000 | $457,000 |
| Other |
522 | $112,626,000 |
$215,000 | $1,790,000 |
$103,000 | $789,000 |
| Unverifiable Information |
2,663 | $543,548,000 |
$204,000 | $2,000,000 |
$89,000 | $1,800,000 |
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Mortgage Loan Application Totals for COLONIAL SAVINGS, F.A. by:
Metropolitan Area And
County
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