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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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COUNTRY BANK FOR SAVINGS
Mortgage Loans and Application Details
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| Mortgage Company Name |
COUNTRY BANK FOR SAVINGS |
| Address | 75 MAIN STREET
WARE, MA 01082 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,026 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $136,107,000 |
| Average Mortgage Loan Amount Applied For | $537,800 |
| Highest Mortgage Loan Amount Applied For | $3,400,000 |
| Average Applicant Income | $99,500 |
| Highest Applicant Income | $1,033,000 |
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| Home Improvement |
379 | $26,978,000 |
$71,000 | $600,000 |
$68,000 | $229,000 |
| Home Purchase |
277 | $57,370,000 |
$207,000 | $1,580,000 |
$77,000 | $1,033,000 |
| Refinancing |
370 | $51,759,000 |
$139,000 | $3,400,000 |
$67,000 | $374,000 |
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| American Indian or Alaskan Native |
5 | $621,000 |
$124,000 | $180,000 |
$51,000 | $65,000 |
| Asian |
1 | $15,000 |
$15,000 | $15,000 |
$57,000 | $57,000 |
| Black or African American |
4 | $581,000 |
$145,000 | $212,000 |
$62,000 | $100,000 |
| Hispanic |
6 | $1,138,000 |
$189,000 | $250,000 |
$75,000 | $101,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $132,000 |
$132,000 | $132,000 |
$75,000 | $75,000 |
| Not applicable |
14 | $7,345,000 |
$524,000 | $3,400,000 |
$0 | $0 |
| Not Provided |
27 | $2,844,000 |
$105,000 | $320,000 |
$75,000 | $137,000 |
| White |
968 | $123,431,000 |
$127,000 | $1,580,000 |
$71,000 | $1,033,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,018 | $134,842,000 |
$132,000 | $3,400,000 |
$70,000 | $1,033,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
8 | $1,265,000 |
$158,000 | $200,000 |
$35,000 | $70,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
28 | $7,299,000 |
$260,000 | $3,400,000 |
$54,000 | $223,000 |
| Application Denied By Financial Institution |
100 | $14,156,000 |
$141,000 | $660,000 |
$54,000 | $178,000 |
| Application Withdrawn By Applicant |
36 | $5,364,000 |
$149,000 | $570,000 |
$65,000 | $127,000 |
| File Closed For Incompleteness |
11 | $1,609,000 |
$146,000 | $300,000 |
$74,000 | $118,000 |
| Loan Originated |
851 | $107,679,000 |
$126,000 | $1,580,000 |
$73,000 | $1,033,000 |
| 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 | $50,000 |
$50,000 | $50,000 |
$40,000 | $40,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $200,000 |
$66,000 | $100,000 |
$52,000 | $72,000 |
| Debt-To-Income Ratio |
1 | $20,000 |
$20,000 | $20,000 |
$26,000 | $26,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COUNTRY BANK FOR SAVINGS by:
Metropolitan Area And
County
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