|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CONNECTICUT RIVER COMMUNITY BK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
CONNECTICUT RIVER COMMUNITY BK |
| Address | 1190 SILAS DEANE HWY
WETHERSFIELD, CT 06109 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 106 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,915,000 |
| Average Mortgage Loan Amount Applied For | $85,250 |
| Highest Mortgage Loan Amount Applied For | $417,000 |
| Average Applicant Income | $68,875 |
| Highest Applicant Income | $360,000 |
|
|
|
| Home Improvement |
7 | $1,045,000 |
$149,000 | $299,000 |
$152,000 | $360,000 |
| Home Purchase |
74 | $4,490,000 |
$60,000 | $417,000 |
$59,000 | $270,000 |
| Refinancing |
25 | $2,380,000 |
$95,000 | $326,000 |
$74,000 | $314,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $140,000 |
$140,000 | $140,000 |
$217,000 | $217,000 |
| Black or African American |
2 | $220,000 |
$110,000 | $200,000 |
$77,000 | $118,000 |
| Hispanic |
3 | $113,000 |
$37,000 | $57,000 |
$33,000 | $42,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $325,000 |
$162,000 | $175,000 |
$75,000 | $123,000 |
| Not Provided |
15 | $1,861,000 |
$124,000 | $260,000 |
$99,000 | $198,000 |
| White |
83 | $5,256,000 |
$63,000 | $417,000 |
$62,000 | $360,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
105 | $7,901,000 |
$75,000 | $417,000 |
$69,000 | $360,000 |
| FHA-insured (Federal Housing Administration) |
1 | $14,000 |
$14,000 | $14,000 |
$30,000 | $30,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
27 | $1,104,000 |
$40,000 | $110,000 |
$38,000 | $120,000 |
| Application Withdrawn By Applicant |
2 | $64,000 |
$32,000 | $32,000 |
$61,000 | $78,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
77 | $6,747,000 |
$87,000 | $417,000 |
$80,000 | $360,000 |
| 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 |
|
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $500,000 |
$33,000 | $65,000 |
$42,000 | $120,000 |
| Debt-To-Income Ratio |
8 | $398,000 |
$49,000 | $110,000 |
$35,000 | $60,000 |
| Employment History |
2 | $85,000 |
$42,000 | $55,000 |
$31,000 | $36,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $121,000 |
$60,000 | $70,000 |
$30,000 | $37,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for CONNECTICUT RIVER COMMUNITY BK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
