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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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ELKHART COMMUNITY BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
ELKHART COMMUNITY BANK |
| Address | 303 SOUTH THIRD STREET
ELKHART, IN 46516 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 56 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,407,000 |
| Average Mortgage Loan Amount Applied For | $59,000 |
| Highest Mortgage Loan Amount Applied For | $890,000 |
| Average Applicant Income | $32,666 |
| Highest Applicant Income | $234,000 |
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| Home Improvement |
6 | $194,000 |
$32,000 | $70,000 |
$40,000 | $128,000 |
| Home Purchase |
37 | $3,370,000 |
$91,000 | $370,000 |
$47,000 | $234,000 |
| Refinancing |
14 | $2,093,000 |
$149,000 | $890,000 |
$59,000 | $186,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
2 | $141,000 |
$70,000 | $124,000 |
$32,000 | $47,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
20 | $1,332,000 |
$66,000 | $370,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
35 | $4,184,000 |
$119,000 | $890,000 |
$79,000 | $234,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
57 | $5,657,000 |
$99,000 | $890,000 |
$49,000 | $234,000 |
| 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 |
2 | $41,000 |
$20,000 | $22,000 |
$8,000 | $16,000 |
| Application Withdrawn By Applicant |
5 | $419,000 |
$83,000 | $250,000 |
$87,000 | $163,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
50 | $5,197,000 |
$103,000 | $890,000 |
$47,000 | $234,000 |
| 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 | $22,000 |
$22,000 | $22,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $19,000 |
$19,000 | $19,000 |
$16,000 | $16,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 ELKHART COMMUNITY BANK by:
Metropolitan Area And
County
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